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Registration number: 06490924

Go-Coachhire Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 November 2025

Go-Coachhire Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 9

Go-Coachhire Limited

(Registration number: 06490924)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,527,976 | 1,432,737
Current assets |  |  |
Stocks | 5 | 109,820 | 145,041
Debtors | 6 | 676,480 | 583,112
Cash at bank and in hand |  | 342,675 | 15,396
|  | 1,128,975 | 743,549
Creditors: Amounts falling due within one year | 7 | (1,835,067) | (1,386,167)
Net current liabilities |  | (706,092) | (642,618)
Total assets less current liabilities |  | 821,884 | 790,119
Creditors: Amounts falling due after more than one year | 7 | (742,932) | (633,438)
Provisions for liabilities |  | (173,721) | (299,496)
Net liabilities |  | (94,769) | (142,815)
Capital and reserves |  |  |
Called up share capital | 8 | 1 | 1
Revaluation reserve |  | - | 27,500
Retained earnings |  | (94,770) | (170,316)
Shareholders' deficit |  | (94,769) | (142,815)

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 March 2026 and signed on its behalf by:

Go-Coachhire Limited

(Registration number: 06490924)
Balance Sheet as at 30 November 2025

......................................... Mr Alastair Willis Director

Go-Coachhire Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Bus Depot
London Road
Swanley
Kent
BR8 8BY
England

These financial statements were authorised for issue by the Board on 10 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors have reviewed the company's plans for a period of 12 months from the date of the signing of the accounts and are satisfied that they can continue to adopt the going concern basis in preparing these financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Go-Coachhire Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied, is recognised as a liability.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold improvements | 10% straight line
Plant and equipment | 20% straight line
Motor vehicles | 20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Go-Coachhire Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Go-Coachhire Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 93 (2024 - 67).

4 | Tangible assets

| Land and buildings £ | Plant and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 December 2024 | 373,053 | 136,553 | 1,662,724 | 2,172,330
Additions | - | 35,255 | 678,073 | 713,328
Disposals | - | (18,569) | (633,630) | (652,199)
At 30 November 2025 | 373,053 | 153,239 | 1,707,167 | 2,233,459
Depreciation
At 1 December 2024 | 97,242 | 74,135 | 568,216 | 739,593
Charge for the year | 37,304 | 26,654 | 255,398 | 319,356
Eliminated on disposal | - | (13,515) | (339,951) | (353,466)
At 30 November 2025 | 134,546 | 87,274 | 483,663 | 705,483
Carrying amount
At 30 November 2025 | 238,507 | 65,965 | 1,223,504 | 1,527,976
At 30 November 2024 | 275,811 | 62,418 | 1,094,508 | 1,432,737

Included within the net book value of land and buildings above is £238,507 (2024 - £275,811) in respect of long leasehold land and buildings.

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 109,820 | 145,041

Go-Coachhire Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 143,729 | 55,310
Prepayments | 51,935 | 39,225
Other debtors | 480,816 | 488,577
| 676,480 | 583,112

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 609,084 | 323,123
Corporation tax | 211,478 | 236,996
Taxation and social security | 109,812 | 274,925
Deferred income | 120,492 | -
Other creditors | 784,201 | 551,123
| 1,835,067 | 1,386,167

Other creditors includes £249,088 (2024 - £242,898) of secured creditors on assets.

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Due after one year |  |
Deferred income | 471,993 | -
Other creditors | 270,939 | 633,438
| 742,932 | 633,438

Creditors due after one year includes £176,247 (2024 - £633,438) of secured creditors on assets.
Creditors due after one year also includes a loan to the company of £94,692 (2024 - £30,004) from a director. Further information is available in note 9.

Go-Coachhire Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 1 | 1 | 1 | 1

Go-Coachhire Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

9 | Related party transactions

Loans from related parties

2025 | Key management £ | Total £
At start of period | 30,004 | 30,004
Advanced | 125,084 | 125,084
Repaid | (60,396) | (60,396)
At end of period | 94,692 | 94,692

2024 | Key management £ | Total £
Advanced | 50,004 | 50,004
Repaid | (20,000) | (20,000)
At end of period | 30,004 | 30,004

Terms of loans from related parties

Loans from key management are repayable on demand and subject to interest.

10 | Parent and ultimate parent undertaking

The ultimate parent is Go-Taxi Hire Limited, incorporated in United Kingdom.