Salmonds Mini-Coach Hire Ltd

Salmonds Mini-Coach Hire Ltd
Statement of Financial Position
As at 31 May 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,033,472	955,765
		1,033,472	955,765
Current assets
Debtors		184,264	197,818
Cash at bank and in hand		145,252	96,039
		329,516	293,857
Creditors: amount falling due within one year		(236,805)	(142,867)
Net current assets		92,711	150,990

Total assets less current liabilities		1,126,183	1,106,755
Creditors: amount falling due after more than one year		(265,017)	(191,250)
Provisions for liabilities		(162,044)	(150,709)
Net assets		699,122	764,796

Capital and reserves
Called up share capital		2	2
Profit and loss account		699,120	764,794
Shareholders' funds		699,122	764,796

For the year ended 31 May 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.
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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 30 May 2026 and were signed on its behalf by:

-------------------------------
Steven Salmond
Director

Salmonds Mini-Coach Hire Ltd
Notes to the Abridged Financial Statements
For the year ended 31 May 2025

General Information

Salmonds Mini-Coach Hire Ltd is a private company, limited by shares, registered in Scotland, registration number SC245742, registration address The Yard,, Levenseat,, Fauldhouse, EH47 9AD.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 25 (2024 : 25).

Tangible fixed assets

Cost or valuation	Tenants Improvements	Plant and Machinery	Motor Vehicles	Total
	£	£	£	£
At 01 June 2024	79,810	229,018	1,613,333	1,922,161
Additions	21,977	9,168	372,882	404,027
Disposals	-	-	(105,123)	(105,123)
At 31 May 2025	101,787	238,186	1,881,092	2,221,065
Depreciation
At 01 June 2024	45,024	105,253	816,119	966,396
Charge for year	6,085	14,593	240,435	261,113
On disposals	-	-	(39,916)	(39,916)
At 31 May 2025	51,109	119,846	1,016,638	1,187,593
Net book values
Closing balance as at 31 May 2025	50,678	118,340	864,454	1,033,472
Opening balance as at 01 June 2024	34,786	123,765	797,214	955,765

Registered Number: SC245742
Scotland
SALMONDS MINI-COACH HIRE LTD

Abridged Accounts

Period of accounts Start date: 01 June 2024 End date: 31 May 2025