REGISTERED NUMBER: 16026804 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST NOVEMBER 2025 TO 31ST MARCH 2026

FOR

COLLINS COACHES LIMITED

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

210,899

201,929

CURRENT ASSETS

Debtors

105,534

79,927

Cash at bank and in hand

105,795

99,780

211,329

179,707

CREDITORS

Amounts falling due within one year

212,188

193,551

NET CURRENT LIABILITIES

(859

)

(13,844

)

TOTAL ASSETS LESS CURRENT LIABILITIES

210,040

188,085

CREDITORS

Amounts falling due after more than one year

(71,889

)

(60,278

)

PROVISIONS FOR LIABILITIES

(34,651

)

(29,185

)

NET ASSETS

103,500

98,622

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

103,400

98,522

SHAREHOLDERS' FUNDS

103,500

98,622

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2026 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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31st March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 14th August 2026 and were signed on its behalf by:

R T Collins - Director

Mrs L C Fuller - Director

1.	STATUTORY INFORMATION

Collins Coaches Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

16026804

Registered office:

The Foundry

9 Park Lane

Puckeridge

Ware

Hertfordshire

SG11 1RL

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.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on cost less residual

Computer equipment

-

20% on reducing balance

Financial instruments

The company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially at transaction value and subsequently measured at their settlement value. The company has no other more complex financial instruments that require measurement at amortized cost using the effective interest method.

Taxation

Taxation for the period 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 period 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 15 (2025 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st November 2025

240,457

Additions

48,096

Disposals

(24,595

)

At 31st March 2026

263,958

DEPRECIATION

At 1st November 2025

38,528

Charge for period

20,245

Eliminated on disposal

(5,714

)

At 31st March 2026

53,059

NET BOOK VALUE

At 31st March 2026

210,899

At 31st October 2025

201,929

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

Totals

£

COST

At 1st November 2025

111,051

Additions

47,999

Transfer to ownership

(42,338

)

At 31st March 2026

116,712

DEPRECIATION

At 1st November 2025

18,498

Charge for period

10,741

Transfer to ownership

(10,556

)

At 31st March 2026

18,683

NET BOOK VALUE

At 31st March 2026

98,029

At 31st October 2025

92,553

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.10.25

value:

£

£

100

Ordinary

£1

100

100

6.	ULTIMATE CONTROLLING PARTY

The controlling party is R T Collins.

The ultimate controlling party is R T Collins.