Company Registration No. 10574344 (England and Wales)
FAREDEAL COACHES LTD
Unaudited accounts
for the year ended 28 February 2026
FAREDEAL COACHES LTD
Unaudited accounts
Contents
FAREDEAL COACHES LTD
Company Information
for the year ended 28 February 2026
Company Number
10574344 (England and Wales)
Registered Office
ALMACROFT
SILVERHILL ROAD
BRADFORD
BD3 7EP
ENGLAND
Accountants
Mayden Group Limited
Chartered Certified Accountants
4th Floor
42 Upper Piccadilly
Bradford
West Yorkshire
BD1 3NU
FAREDEAL COACHES LTD
Statement of financial position
as at 28 February 2026
Tangible assets
529,618
295,974
Cash at bank and in hand
71,036
68,090
Creditors: amounts falling due within one year
(33,042)
(23,518)
Net current assets
104,074
67,462
Total assets less current liabilities
633,692
363,436
Creditors: amounts falling due after more than one year
(465,089)
(209,631)
Net assets
168,603
153,805
Called up share capital
4
4
Profit and loss account
168,599
153,801
Shareholders' funds
168,603
153,805
For the year ending 28 February 2026 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 September 2026 and were signed on its behalf by
FARAS KHAN
Director
Company Registration No. 10574344
FAREDEAL COACHES LTD
Notes to the Accounts
for the year ended 28 February 2026
FAREDEAL COACHES LTD is a private company, limited by shares, registered in England and Wales, registration number 10574344. The registered office is ALMACROFT, SILVERHILL ROAD, BRADFORD, BD3 7EP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
15% reducing balance method.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2025
499,223
3,937
503,160
Additions
349,832
-
349,832
At 28 February 2026
849,055
3,937
852,992
At 1 March 2025
205,166
2,020
207,186
Charge for the year
115,900
288
116,188
At 28 February 2026
321,066
2,308
323,374
At 28 February 2026
527,989
1,629
529,618
At 28 February 2025
294,057
1,917
295,974
Amounts falling due within one year
Trade debtors
37,127
11,116
FAREDEAL COACHES LTD
Notes to the Accounts
for the year ended 28 February 2026
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
25,172
21,907
Loans from directors
7,000
-
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
465,089
209,631
8
Average number of employees
During the year the average number of employees was 5 (2025: 5).