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Registered number: 05907870
East Midlands Coachworks Limited
Financial Statements
For The Year Ended 31 August 2025
Greystone Advisory Limited
2 Jubilee Parkway
Jubilee Business Park
Derby
DE21 4BJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05907870
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,078 4,053
9,078 4,053
CURRENT ASSETS
Stocks 5 3,000 2,500
Debtors 6 9,546 18,462
Cash at bank and in hand 27,619 24,276
40,165 45,238
Creditors: Amounts Falling Due Within One Year 7 (36,339 ) (32,350 )
NET CURRENT ASSETS (LIABILITIES) 3,826 12,888
TOTAL ASSETS LESS CURRENT LIABILITIES 12,904 16,941
NET ASSETS 12,904 16,941
CAPITAL AND RESERVES
Called up share capital 8 75 75
Share premium account 14,975 14,975
Profit and Loss Account (2,146 ) 1,891
SHAREHOLDERS' FUNDS 12,904 16,941
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Page 2
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Helen Rowley
Director
22nd May 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
East Midlands Coachworks Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05907870 . The registered office is Unit 1 Trent Lane, Trent Lane Industrial Estate, Castle Donington, Derby, DE74 2PY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 20% Reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2024 20,943 9,653 5,846 3,329 39,771
Additions 2,950 2,350 1,748 - 7,048
Disposals - - (749 ) - (749 )
As at 31 August 2025 23,893 12,003 6,845 3,329 46,070
Depreciation
As at 1 September 2024 19,425 8,648 4,965 2,680 35,718
Provided during the period 701 671 459 72 1,903
Disposals - - (629 ) - (629 )
As at 31 August 2025 20,126 9,319 4,795 2,752 36,992
Net Book Value
As at 31 August 2025 3,767 2,684 2,050 577 9,078
As at 1 September 2024 1,518 1,005 881 649 4,053
5. Stocks
2025 2024
£ £
Materials 3,000 2,500
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 7,504 17,662
Prepayments and accrued income 1,242 -
Other debtors 800 800
9,546 18,462
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 8,777 4,119
Other taxes and social security 252 78
VAT 7,699 10,505
Other creditors 381 -
Accruals and deferred income 722 722
Directors' loan accounts 18,508 16,926
36,339 32,350
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 75 75
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