Company registration number: 09596902
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Newtons Coaches Limited
Pages for filing with the Registrar
Company registration number: 09596902
Newtons Coaches Limited
Balance sheet
as at 31 March 2026
31 Mar 26 31 Mar 25
Note £ £ £ £
Fixed assets
Intangible assets 4 875 4,375
Tangible assets 5 183,601 141,808
184,476 146,183
Current assets
Debtors 168,194 182,548
Cash at bank and in hand 50,370 73,052
218,564 255,600
Creditors: amounts falling due within one year
6 (466,642) (540,355)
Net current liabilities (248,078) (284,755)
Total assets less current liabilities (63,602) (138,572)
Creditors: Amounts falling due after more than one year
(66,649) (46,332)
NET LIABILITIES (130,251) (184,904)
Capital and reserves
Called up share capital 2 2
Profit and loss account (130,253) (184,906)
TOTAL EQUITY (130,251) (184,904)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 09596902
Newtons Coaches Limited
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mrs S Newton, Director
31 May 2026
2
Newtons Coaches Limited
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Newtons Coaches Limited is a private company registered in England and Wales. Its registered number is 09596902. The company is limited by shares. Its registered office is Unit 4, The Timber Yard, Lucas Green Road, Woking, Surrey, GU24 9YB.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 10% straight line
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 etc.:
Plant and machinery - 20% reducing balance
Coaches and vehicles - 20% reducing balance
3
Newtons Coaches Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Financial instruments
During June 2020 the company applied for a loan under the Bounce Back Loan Scheme (BBLS) of £50,000 from Metro Bank PLC and the funds were received into the company’s bank account on 10th June 2020. The company remains liable for all sums payable under the loan agreement but the scheme gives the lender a full government-backed guarantee against the outstanding balance of the facility (both capital and interest). There are no repayments due within the first twelve months of the loan. The Government will make a Business Interruption Payment (BIP) to cover the first 12 months of interest payments. The length of the loan is six years and after the initial period of twelve months the loan is repayable over five years at a rate of 2.5%. Financial assets and liabilities Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.








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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 14 (2025 - 14).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2025 35,000
At 31 March 2026 35,000
4
Newtons Coaches Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
4 Intangible assets - continued
Amortisation
At 1 April 2025 30,625
Charge for year 3,500
At 31 March 2026 34,125
Net book value
At 31 March 2026 875
At 31 March 2025 4,375
5 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 April 2025 341,552
Additions 102,275
Disposals (143,150)
At 31 March 2026 300,677
Depreciation
At 1 April 2025 199,744
Charge for year 36,361
Eliminated on disposal (119,029)
At 31 March 2026 117,076
Net book value
At 31 March 2026 183,601
At 31 March 2025 141,808
5
Newtons Coaches Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
6 Creditors: amounts falling due within one year
31 Mar 26 31 Mar 25
£ £
Bank loans and overdrafts 28,944 39,536
Hire purchase and finance leases 52,728 44,108
Trade creditors 55,190 57,073
Other creditors 117,875 142,833
Social security and other tax 211,905 256,805
466,642 540,355
The hire purchase contracts liabilities disclosed under creditors falling due within one year are secured by the company and director.
During June 2020 the company applied for a loan under the Bounce Back Loan Scheme (BBLS) of £50,000 from Metro Bank Plc and the funds were received into the company’s bank account on 10th June 2020. The company remains liable for all sums payable under the loan agreement but the scheme gives the lender a full government-backed guarantee against the outstanding balance of the facility (both capital and interest). There are no repayments due within the first twelve months of the loan. The Government will make a Business Interruption Payment (BIP) to cover the first 12 months of interest payments. The length of the loan is six years and after the initial period of twelve months the loan is repayable over five years at a rate of 2.5%. The balance outstanding at the year end was £28,944 (2025-£39,536).







7 Secured debts
Included within the net book value of Coaches of £183,601 is £154,908 (2025-£85,699) relating to assets held under hire purchase agreements.
8 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the periods ended 31 March 2026 and 31 March 2025.
31 Mar 26 31 Mar 25
£ £
Mrs S P Newton
Balance outstanding at start of year 2,341 6,584
Amounts repaid (2,341) (4,243)
Balance outstanding at end of year - 2,341
The director has given a personal guarantee on hire purchase facilities provided to the company. The balance due on this facility was at the balance sheet date was £119,337 (2025-£90,440).
6