REGISTERED NUMBER: SC292001 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Bryans Coaches Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

648,555

603,481

648,555

603,481

CURRENT ASSETS

Debtors

6

56,103

45,497

Cash at bank and in hand

3,879

3,599

59,982

49,096

CREDITORS

Amounts falling due within one year

7

(259,545

)

(185,868

)

NET CURRENT LIABILITIES

(199,563

)

(136,772

)

TOTAL ASSETS LESS CURRENT LIABILITIES

448,992

466,709

CREDITORS

Amounts falling due after more than one year

8

(280,246

)

(234,240

)

PROVISIONS FOR LIABILITIES

(101,267

)

(114,662

)

NET ASSETS

67,479

117,807

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

67,469

117,797

SHAREHOLDERS' FUNDS

67,479

117,807

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 director acknowledges his 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 director and authorised for issue on 22 September 2026 and were signed by:

Mr W Bryans - Director

1.	STATUTORY INFORMATION

Bryans Coaches Limited is a private company, limited by shares, domiciled in Scotland, registration number SC292001. The registered office is Whitehill Farm, Myothill Road, Denny, Stirlingshire, FK6 5NA..

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 represents net invoiced sales of goods and services in respect of commercial coach hire services excluding value added tax. Sales are recognised at the point at which the service is complete.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, has been fully amortised..

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.

Tangible fixed assets and depreciation

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

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed assets are depreciated to nil value.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Provisions

Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

2,000

AMORTISATION

At 1 January 2025

and 31 December 2025

2,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

1,066,979

Additions

140,946

At 31 December 2025

1,207,925

DEPRECIATION

At 1 January 2025

463,498

Charge for year

95,872

At 31 December 2025

559,370

NET BOOK VALUE

At 31 December 2025

648,555

At 31 December 2024

603,481

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

Plant and

machinery

etc

£

COST

At 1 January 2025

660,000

Additions

132,000

At 31 December 2025

792,000

DEPRECIATION

At 1 January 2025

161,524

Charge for year

77,918

At 31 December 2025

239,442

NET BOOK VALUE

At 31 December 2025

552,558

At 31 December 2024

498,476

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

18,057

8,545

Other debtors

38,046

36,952

56,103

45,497

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

33,279

16,049

Hire purchase contracts

97,562

108,208

Trade creditors

20,820

15,821

Taxation and social security

4,367

3,841

Other creditors

103,517

41,949

259,545

185,868

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

6,160

Hire purchase contracts

280,246

228,080

280,246

234,240

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank overdrafts

26,482

5,695

Hire purchase contracts

377,808

336,288

404,290

341,983

The Clydesdale bank hold a standard security over the garage and workshop situated at Whitehill Farm, Denny. The Clydesdale bank also have a personal guarantee from W Bryans, a company director.

Hire purchase creditors are secured on the assets to which they relate.