IRIS Accounts Production v25.4.0.155 06920852 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06920852 2024-03-31 06920852 2025-03-31 06920852 2024-04-01 2025-03-31 06920852 2023-03-31 06920852 2023-04-01 2024-03-31 06920852 2024-03-31 06920852 ns15:EnglandWales 2024-04-01 2025-03-31 06920852 ns14:PoundSterling 2024-04-01 2025-03-31 06920852 ns10:Director1 2024-04-01 2025-03-31 06920852 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06920852 ns10:SmallEntities 2024-04-01 2025-03-31 06920852 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06920852 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 06920852 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06920852 ns10:FullAccounts 2024-04-01 2025-03-31 06920852 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 06920852 ns10:Director2 2024-04-01 2025-03-31 06920852 ns10:Director3 2024-04-01 2025-03-31 06920852 ns10:Director4 2024-04-01 2025-03-31 06920852 ns10:RegisteredOffice 2024-04-01 2025-03-31 06920852 ns5:CurrentFinancialInstruments 2025-03-31 06920852 ns5:CurrentFinancialInstruments 2024-03-31 06920852 ns5:Non-currentFinancialInstruments 2025-03-31 06920852 ns5:Non-currentFinancialInstruments 2024-03-31 06920852 ns5:ShareCapital 2025-03-31 06920852 ns5:ShareCapital 2024-03-31 06920852 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 06920852 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 06920852 ns5:LeaseholdImprovements 2024-03-31 06920852 ns5:PlantMachinery 2024-03-31 06920852 ns5:FurnitureFittings 2024-03-31 06920852 ns5:MotorVehicles 2024-03-31 06920852 ns5:LeaseholdImprovements 2024-04-01 2025-03-31 06920852 ns5:PlantMachinery 2024-04-01 2025-03-31 06920852 ns5:FurnitureFittings 2024-04-01 2025-03-31 06920852 ns5:MotorVehicles 2024-04-01 2025-03-31 06920852 ns5:LeaseholdImprovements 2025-03-31 06920852 ns5:PlantMachinery 2025-03-31 06920852 ns5:FurnitureFittings 2025-03-31 06920852 ns5:MotorVehicles 2025-03-31 06920852 ns5:LeaseholdImprovements 2024-03-31 06920852 ns5:PlantMachinery 2024-03-31 06920852 ns5:FurnitureFittings 2024-03-31 06920852 ns5:MotorVehicles 2024-03-31 06920852 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 06920852 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 06920852 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-03-31 06920852 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2024-03-31 06920852 ns10:OrdinaryShareClass1 2025-03-31 06920852 ns10:Director1 1 2024-03-31 06920852 ns10:Director1 1 2023-03-31 06920852 ns10:Director1 1 2024-04-01 2025-03-31 06920852 ns10:Director1 1 2023-04-01 2024-03-31 06920852 ns10:Director1 1 2025-03-31 06920852 ns10:Director1 1 2024-03-31 06920852 2 ns10:Director2 2024-03-31 06920852 2 ns10:Director2 2023-03-31 06920852 2 ns10:Director2 2024-04-01 2025-03-31 06920852 2 ns10:Director2 2023-04-01 2024-03-31 06920852 2 ns10:Director2 2025-03-31 06920852 2 ns10:Director2 2024-03-31 06920852 ns10:Director3 3 2024-03-31 06920852 ns10:Director3 3 2023-03-31 06920852 ns10:Director3 3 2024-04-01 2025-03-31 06920852 ns10:Director3 3 2023-04-01 2024-03-31 06920852 ns10:Director3 3 2025-03-31 06920852 ns10:Director3 3 2024-03-31

REGISTERED NUMBER: 06920852 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

COACHBUILT GB LTD

| COACHBUILT GB LTD (REGISTERED NUMBER: 06920852) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| COACHBUILT GB LTD |

COMPANY INFORMATION

for the year ended 31 March 2025

| DIRECTORS: | J C Bull

| K E Birch

| C R Birch

| G N Bull

| REGISTERED OFFICE: | 5 Kelsey Close

| Attleborough Fields Ind Estate

| Nuneaton

| CV11 6RS

| REGISTERED NUMBER: | 06920852 (England and Wales)

| ACCOUNTANTS: | Dafferns LLP

| One Eastwood

| Harry Weston Road

| Binley Business Park

| Coventry

| CV3 2UB

| COACHBUILT GB LTD (REGISTERED NUMBER: 06920852) |

BALANCE SHEET

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 71,960 |  | 6,246 |  |

CURRENT ASSETS

Stocks | 188,083 |  | 214,228 |  |

Debtors | 6 | 1,369,956 |  | 1,141,621 |  |

Cash at bank and in hand | 8,016 |  | 2,422 |  |

1,566,055 |  | 1,358,271 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,306,833 |  | 1,332,196 |  |

NET CURRENT ASSETS | 259,222 |  | 26,075 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 331,182 |  | 32,321 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (34,620 | ) | (12,691 | ) |

PROVISIONS FOR LIABILITIES | (7,000 | ) | - |  |

NET ASSETS | 289,562 |  | 19,630 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 125 |  | 125 |  |

Retained earnings | 289,437 |  | 19,505 |  |

SHAREHOLDERS' FUNDS | 289,562 |  | 19,630 |  |

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company.

| COACHBUILT GB LTD (REGISTERED NUMBER: 06920852) |

BALANCE SHEET - continued

31 March 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2026 and were signed on its behalf by:

K E Birch - Director

| COACHBUILT GB LTD (REGISTERED NUMBER: 06920852) |

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 March 2025

1. | STATUTORY INFORMATION

| Coachbuilt GB Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£), rounded to the nearest £1.

2. | STATEMENT OF COMPLIANCE

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and rebates, excluding value added tax and other sales taxes.

| Revenue from the sale of goods is recognised when the significant risk and rewards of ownership of the goods have passed to the buyer, typically on dispatch of the goods.

| Tangible fixed assets

| Tangible fixed assets are recognised at cost and subsequently measured under the historical cost model being cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes any direct expenditure incurred to bring the asset to its current location and condition necessary for the asset to work as intended by management.

| Depreciation is provided at the following annual rates in order to write off the cost of each asset over its estimated useful life:

| Office equipment |  | - 25% on cost |  |

| Motor vehicles |  | - 25% on reducing balance |  |

| Plant and machinery |  | - 25% on cost |  |

| Improvements to property |  | - 3% on cost |  |

| Any gains and losses on the disposal of tangible fixed assets are recognised in the Income Statement.

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of purchase and is maintained on a first in, first out basis.

| As stocks are sold, the carrying amount of those stocks is recognised as an expense in the year in which the related revenue is recognised.

| Financial instruments

| Basics financial instruments in debtors and creditors with no stated interest rate, and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement in administrative expenses.

| COACHBUILT GB LTD (REGISTERED NUMBER: 06920852) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 March 2025

3. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| The Company operated a defined contribution pension scheme. Contributions are payable to the Company's pension scheme are charged to the Income Statement in the period to which they relate.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

| Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

| Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the Balance Sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to the Income Statement so as to produce a constant periodic rate of interest on the remaining balance of the liability.

| Rentals payable under operating leases, including any lease incentives received, are charged to the Income Statement on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 20 (2024 - 17 ) .

| COACHBUILT GB LTD (REGISTERED NUMBER: 06920852) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 March 2025

5. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Plant and |  | Office |  | Motor |

| property |  | machinery |  | equipment |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2024 | - |  | 7,700 |  | 25,824 |  | 1,500 |  | 35,024 |  |

| Additions | 44,724 |  | 1,440 |  | 2,230 |  | 23,800 |  | 72,194 |  |

| At 31 March 2025 | 44,724 |  | 9,140 |  | 28,054 |  | 25,300 |  | 107,218 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 2,377 |  | 24,901 |  | 1,500 |  | 28,778 |  |

| Charge for year | 1,342 |  | 1,985 |  | 674 |  | 2,479 |  | 6,480 |  |

| At 31 March 2025 | 1,342 |  | 4,362 |  | 25,575 |  | 3,979 |  | 35,258 |  |

| NET BOOK VALUE

| At 31 March 2025 | 43,382 |  | 4,778 |  | 2,479 |  | 21,321 |  | 71,960 |  |

| At 31 March 2024 | - |  | 5,323 |  | 923 |  | - |  | 6,246 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 1,010,094 |  | 865,188 |  |

| Other debtors | 83,789 |  | 41,208 |  |

| Directors' current accounts | 246,562 |  | 92,686 |  |

| Value added tax | 15,156 |  | 135,454 |  |

| Prepayments | 14,355 |  | 7,085 |  |

1,369,956 |  | 1,141,621 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | - |  | 18,444 |  |

| Other loans | 163,338 |  | 9,748 |  |

| Trade creditors | 734,406 |  | 1,097,239 |  |

| Taxation | 167,382 |  | 74,679 |  |

| Social security and other taxes | 149,308 |  | 47,723 |  |

| Other creditors | 76,848 |  | 54,496 |  |

| Hire Purchase | 2,351 |  | - |  |

| Accruals and deferred income | 13,200 |  | 29,867 |  |

1,306,833 |  | 1,332,196 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other loans - 2-5 years | 16,695 |  | 12,691 |  |

| Hire purchase | 17,925 |  | - |  |

34,620 |  | 12,691 |  |

| COACHBUILT GB LTD (REGISTERED NUMBER: 06920852) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 March 2025

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 125 |  | 125 |  |

10. | OTHER FINANCIAL COMMITMENTS

| At 31 March 2025, the Company had total commitments under non-cancellable operating leases over the remaining life of those leases of £138,000. (2024 - £184,000)

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 | 2024 |

£ | £ |

| K E Birch

| Balance outstanding at start of year | 51,615 |  | 42,797 |  |

| Amounts advanced | 50,091 |  | 8,818 |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 101,706 |  | 51,615 |  |

| J C Bull

| Balance outstanding at start of year | 61,822 |  | - |  |

| Amounts advanced | 28,054 |  | 61,822 |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 89,876 |  | 61,822 |  |

| C R Birch

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 54,669 |  | - |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 54,669 |  | - |  |

| Interest is being charged to the director at a rate of 2.25%.

12. | RELATED PARTY DISCLOSURES

| At the year end, a balance was due to an associated company under common control, amounting to £39,950 (2024:£44,314). No interest has been charged on this balance.

13. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is J C Bull.