Registration number: 13498003

VDL Bus & Coach UK Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 8

VDL Bus & Coach UK Limited

Company Information

Directors

D T Dowsett VDL Bus Beheer BV M L V Doorn

Company secretary

VDL Bus Beheer BV

Registered office

7 Barkston Road Carlton Industrial Estate Barnsley South Yorkshire S71 3HU

Auditors

Sterlings Ltd Chartered AccountantsLawford House Albert Place London N3 1QA

VDL Bus & Coach UK Limited

(Registration number: 13498003)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	190,809	192,930
Current assets
Stocks	5	17,000	-
Debtors	6	2,390,241	949,165
Cash at bank and in hand		114,504	581,566
		2,521,745	1,530,731
Creditors: Amounts falling due within one year	7	(502,382)	(486,992)
Net current assets		2,019,363	1,043,739
Total assets less current liabilities		2,210,172	1,236,669
Creditors: Amounts falling due after more than one year	7	-	(97,539)
Net assets		2,210,172	1,139,130
Capital and reserves
Called up share capital	8	100	100
Profit and loss account		2,210,072	1,139,030
Shareholders' funds		2,210,172	1,139,130

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 August 2026 and signed on its behalf by:
 

......................................... D T Dowsett Director

VDL Bus & Coach UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7 Barkston Road
Carlton Industrial Estate
Barnsley
South Yorkshire
S71 3HU

These financial statements were authorised for issue by the Board on 25 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' including the provisions of Section 1A "Small Entities" the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

VDL Bus & Coach UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 26 August 2026 was Gary Moss FCA, who signed for and on behalf of Sterlings Ltd.

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and
the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or
receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also
be met before revenue is recognised:

Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in
accordance with the stage of completion of the contract when all of the following conditions are satisfied:
• the amount of revenue can be measured reliably;
• it is probable that the company will receive the consideration due under the contract;
• the stage of completion of the contract at the end of the reporting period can be measured reliably; and
• the costs incurred and the costs to complete the contract can be measured reliably.

Foreign currency transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transaction.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items
measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture, fittings and equipment	20% straightline
Motor vehicles	20% straightline

VDL Bus & Coach UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimation can be made of the amount of the obligation.

Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties, When payments are eventually made, they are charged to the provision carried in the Balance sheet.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as
operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

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.

VDL Bus & Coach UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 16 (2024 - 12).

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2025	72,417	238,084	310,501
Additions	20,250	46,000	66,250
At 31 December 2025	92,667	284,084	376,751
Depreciation
At 1 January 2025	7,940	109,631	117,571
Charge for the year	17,688	50,683	68,371
At 31 December 2025	25,628	160,314	185,942
Carrying amount
At 31 December 2025	67,039	123,770	190,809
At 31 December 2024	64,477	128,453	192,930

5

Stocks

	2025 £	2024 £
Other inventories	17,000	-

6

Debtors

Current	Note	2025 £	2024 £
Trade debtors		1,957	38,799
Amounts owed by related parties	10	2,288,312	818,213
Other debtors		99,972	92,153
		2,390,241	949,165

VDL Bus & Coach UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		37,097	81,896
Amounts owed to group undertakings	10	34,730	-
Taxation and social security		402,130	402,137
Other creditors		28,425	2,959
		502,382	486,992

Creditors: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Other financial liabilities	-	97,539

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Shares of £1 each	100	100	100	100

9	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	106,572	94,630
Later than one year and not later than five years	205,810	-
	312,382	94,630

10	Related party transactions

In accordance with FRS 102 Section 33 'Related Party Disclosures' the company has taken advantage of the exemption to not disclose transactions with the parent company or any wholly owned subsidiary undertakings of the group.

VDL Bus & Coach UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

11	Parent and ultimate parent undertaking

The company's immediate parent is VDL Groep B.V., incorporated in Netherlands.

 The most senior parent entity producing publicly available financial statements is VDL Groep B.V.. These financial statements are available upon request from VDL Groep B.V. Hoevenweg 1, 5652 AW, Eindhoven, Netherlands

 The ultimate controlling party is Mr W V Der Leegte.