REGISTERED NUMBER: 05280923 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

RODGERS COACHES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J W Rodger

L Rodger

REGISTERED OFFICE:

102 Kettering Road

Weldon

Northamptonshire

NN17 3JG

REGISTERED NUMBER:

05280923 (England and Wales)

ACCOUNTANTS:

TC Group

31 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

FIXED ASSETS

Tangible assets

4

591,080

463,526

CURRENT ASSETS

Stocks

14,680

18,778

Debtors

5

141,695

121,661

Cash at bank

1,218,535

1,182,999

1,374,910

1,323,438

CREDITORS

Amounts falling due within one year

6

195,416

175,059

NET CURRENT ASSETS

1,179,494

1,148,379

TOTAL ASSETS LESS CURRENT LIABILITIES

1,770,574

1,611,905

CREDITORS

Amounts falling due after more than one year

7

(46,667

)

-

PROVISIONS FOR LIABILITIES

(146,770

)

(114,818

)

NET ASSETS

1,577,137

1,497,087

CAPITAL AND RESERVES

Called up share capital

226,973

226,973

Retained earnings

1,350,164

1,270,114

1,577,137

1,497,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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.

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 24 September 2026 and were signed on its behalf by:

J W Rodger - Director

1.	STATUTORY INFORMATION

Rodgers Coaches Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year 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 year 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 year was 24 (2024 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

76,765

1,395,640

4,087

1,476,492

Additions

8,833

251,000

1,479

261,312

Disposals

(2,216

)

(116,000

)

(2,562

)

(120,778

)

At 31 December 2025

83,382

1,530,640

3,004

1,617,026

DEPRECIATION

At 1 January 2025

61,428

948,247

3,291

1,012,966

Charge for year

3,748

109,687

379

113,814

Eliminated on disposal

(1,784

)

(96,743

)

(2,307

)

(100,834

)

At 31 December 2025

63,392

961,191

1,363

1,025,946

NET BOOK VALUE

At 31 December 2025

19,990

569,449

1,641

591,080

At 31 December 2024

15,337

447,393

796

463,526

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

Motor

vehicles

£

COST

At 1 January 2025

355,500

Additions

210,000

Transfer to ownership

(355,500

)

At 31 December 2025

210,000

DEPRECIATION

At 1 January 2025

211,689

Transfer to ownership

(211,689

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

210,000

At 31 December 2024

143,811

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

43,031

34,537

Other debtors

98,664

87,124

141,695

121,661

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

23,333

-

Trade creditors

35,151

33,093

Taxation and social security

16,495

53,314

Other creditors

120,437

88,652

195,416

175,059

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

46,667

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

70,000

-

The hire purchase contracts are secured on the assets to which they relate.

9.	RELATED PARTY DISCLOSURES

Included in other creditors is a loan from the directors of £105,686 (2024 : £74,308).

This loan is interest free and repayable on demand.