Company Registration No. 07047807 (England and Wales)
Action Bus Limited
Unaudited accounts
for the year ended 31 March 2025
Action Bus Limited
Unaudited accounts
Contents
Action Bus Limited
Company Information
for the year ended 31 March 2025
Director
Gerard Michael Boath
Company Number
07047807 (England and Wales)
Registered Office
9-11 New Broadway
London
England
W5 5AW
United Kingdom
Accountants
Cloud Tax Ltd
9-11 New Broadway
Ealing
London
W5 5AW
Action Bus Limited
Statement of financial position
as at 31 March 2025
Investments
7,000,099
6,999,999
Debtors
1,694,923
1,695,023
Creditors: amounts falling due within one year
-
(2,149,220)
Net current assets/(liabilities)
1,694,923
(454,197)
Total assets less current liabilities
8,695,022
6,545,802
Creditors: amounts falling due after more than one year
(2,038,221)
-
Net assets
6,656,801
6,545,802
Called up share capital
4,177,777
4,177,778
Profit and loss account
2,479,024
2,368,024
Shareholders' funds
6,656,801
6,545,802
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 December 2025 and were signed on its behalf by
Gerard Michael Boath
Director
Company Registration No. 07047807
Action Bus Limited
Notes to the Accounts
for the year ended 31 March 2025
Action Bus Limited is a private company, limited by shares, registered in England and Wales, registration number 07047807. The registered office is 9-11 New Broadway, London, England, W5 5AW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings
Valuation at 1 April 2024
6,999,999
Valuation at 31 March 2025
7,000,099
Amounts falling due within one year
Amounts due from group undertakings etc.
1,694,923
1,695,023
6
Creditors: amounts falling due within one year
2025
2024
Non-equity preference shares
-
1,500,000
Loans from directors
-
649,220
Action Bus Limited
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Non-equity preference shares
1,500,000
-
Loans from directors
538,221
-
At the balance sheet date, the company owes to the director an amount of £538,221. (2024: £649,220)
9
Transactions with related parties
At the balance sheet date, the company had the following intercompany balance with related group undertakings:
Amounts due from Greenhill Assets Ltd: £1,694,923 (2024: Nil)
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).