REGISTERED NUMBER: 06311278 (England and Wales)

SOVEREIGN COACHES LIMITED

Unaudited Financial Statements for the Year Ended 31 July 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

Mr Sarfraiz Ali

REGISTERED OFFICE:

Watery Lane

Willenhall

Wolverhampton

West Midlands

WV13 3SU

REGISTERED NUMBER:

06311278 (England and Wales)

ACCOUNTANTS:

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

FIXED ASSETS

Tangible assets

4

217,769

223,631

CURRENT ASSETS

Debtors

5

417,600

406,511

Cash at bank and in hand

73,648

38,580

491,248

445,091

CREDITORS

Amounts falling due within one year

6

197,000

269,214

NET CURRENT ASSETS

294,248

175,877

TOTAL ASSETS LESS CURRENT LIABILITIES

512,017

399,508

CREDITORS

Amounts falling due after more than one year

7

(18,750

)

(18,605

)

PROVISIONS FOR LIABILITIES

(52,778

)

(54,138

)

NET ASSETS

440,489

326,765

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

440,487

326,763

440,489

326,765

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

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

The director acknowledges his 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.

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 director and authorised for issue on 20 April 2026 and were signed by:

Mr Sarfraiz Ali - Director

1.	STATUTORY INFORMATION

Sovereign Coaches Limited 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 (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. 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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost and Straight line over 7 years

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

7,659

13,404

523,467

41,439

585,969

Additions

-

-

103,000

1,333

104,333

Disposals

-

-

(78,050

)

-

(78,050

)

At 31 July 2025

7,659

13,404

548,417

42,772

612,252

DEPRECIATION

At 1 August 2024

7,659

13,362

304,491

36,826

362,338

Charge for year

-

20

94,750

1,989

96,759

Eliminated on disposal

-

-

(64,614

)

-

(64,614

)

At 31 July 2025

7,659

13,382

334,627

38,815

394,483

NET BOOK VALUE

At 31 July 2025

-

22

213,790

3,957

217,769

At 31 July 2024

-

42

218,976

4,613

223,631

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 August 2024

178,000

Additions

65,000

At 31 July 2025

243,000

DEPRECIATION

At 1 August 2024

63,367

Charge for year

47,100

At 31 July 2025

110,467

NET BOOK VALUE

At 31 July 2025

132,533

At 31 July 2024

114,633

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

203,681

203,726

Other debtors

165,000

166,512

VAT

16,775

15,057

Prepayments

32,144

21,216

417,600

406,511

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

41,022

41,251

Trade creditors

27,837

40,068

Social security and other taxes

47,537

45,843

Other creditors

51,226

49,839

Directors' current accounts

25,401

88,615

Accrued expenses

3,977

3,598

197,000

269,214

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

18,750

18,605

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr Shahzad Ali.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sovereign Coaches Limited for the year ended 31 July 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Sovereign Coaches Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sovereign Coaches Limited and state those matters that we have agreed to state to the director of Sovereign Coaches Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sovereign Coaches Limited and its director for our work or for this report.

It is your duty to ensure that Sovereign Coaches Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sovereign Coaches Limited. You consider that Sovereign Coaches Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sovereign Coaches Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

20 April 2026