ABC COACHES (2002) LIMITED

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—7

Registered number: 04370782

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		86,800		99,200
Tangible Assets	5		237,468		305,425

			324,268		404,625
CURRENT ASSETS
Stocks		2,950		2,800
Debtors	6	259,029		322,560
Cash at bank and in hand		2,928		46,099

		264,907		371,459
Creditors: Amounts Falling Due Within One Year	7	(314,631 )		(251,890 )

NET CURRENT ASSETS (LIABILITIES)			(49,724 )		119,569

TOTAL ASSETS LESS CURRENT LIABILITIES			274,544		524,194

Creditors: Amounts Falling Due After More Than One Year	8		(133,699 )		(165,076 )

NET ASSETS			140,845		359,118

CAPITAL AND RESERVES
Called up share capital	11		10,000		10,000
Profit and Loss Account			130,845		349,118

SHAREHOLDERS' FUNDS			140,845		359,118

Page 1

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ABC COACHES (2002) LIMITED

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Mohammed Khan

Director

28/08/2025

The notes on pages 4 to 7 form part of these financial statements.

1. General Information

ABC COACHES (2002) LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04370782 . The registered office is Alexandra House, 74 Moorland Road, Stoke-on-Trent, Staffs, ST6 1DY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents the amounts excluding value added tax derived from the provision of services to customers during the year.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% reducing balance
Fixtures & Fittings	10% reducing balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts are capitalised as tangible fixed assets and are depreciated over their useful lives. Obligations under such contracts are included in the creditors net of the finance charges allocated to future periods. The finance element of the rental payment is charged to the profit and loss account in equal instalments over the period of the contract.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.6. Taxation

The corporation tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before taxation as reported in the profit and loss account because of adjustments made for capital allowance claims and disallowable items of expenditure.. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred taxation is not provided for in the accounts. Due to the nature of the trade it's assets depreciate at rates in excess of the generally accepted rates and the directors have decided therefore not to make any provision.

2.7. Pensions

The company operates defined pension contribution schemes. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the schemes.

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ABC COACHES (2002) LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.8. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was 26 (2024: 32)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	195,000

As at 31 March 2025	195,000

Amortisation
As at 1 April 2024	95,800
Provided during the period	12,400

As at 31 March 2025	108,200

Net Book Value
As at 31 March 2025	86,800

As at 1 April 2024	99,200

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2024	411,259	57,646	468,905
Additions	38,067	-	38,067
Disposals	(66,773 )	-	(66,773 )

As at 31 March 2025	382,553	57,646	440,199

Depreciation
As at 1 April 2024	118,774	44,706	163,480
Provided during the period	65,684	1,294	66,978
Disposals	(27,727 )	-	(27,727 )

As at 31 March 2025	156,731	46,000	202,731

Net Book Value
As at 31 March 2025	225,822	11,646	237,468

As at 1 April 2024	292,485	12,940	305,425

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ABC COACHES (2002) LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	231,890	253,849
Prepayments and accrued income	27,053	36,949
Other debtors	86	31,762

	259,029	322,560

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	10,661	11,439
Trade creditors	149,269	89,201
Bank loans and overdrafts	41,660	34,415
Corporation tax	(25 )	2,221
Other taxes and social security	20,987	22,671
VAT	72,371	35,615
Other creditors	-	16,111
Accruals and deferred income	6,863	9,630
Directors' loan accounts	12,845	30,587

	314,631	251,890

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	70,034	69,352
Bank loans	63,665	95,724

	133,699	165,076

9. Secured Creditors

Of the creditors the following amounts are secured.

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	80,791
Bank loans and overdrafts	-	14,891

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ABC COACHES (2002) LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	10,661	11,439
Later than one year and not later than five years	70,034	69,352

	80,695	80,791

	80,695	80,791

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10,000	10,000

12. Controlling Party

The company's controlling parties was Mr Banaras Hussain by virtue of his ownership of 100% of the issued share capital in the company.

Page 7

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 April 2023	10,000	319,069	329,069
Profit for the year and total comprehensive income	-	37,309	37,309

Dividends paid	-	(7,260)	(7,260)

As at 31 March 2024 and 1 April 2024	10,000	349,118	359,118


Loss for the year and total comprehensive income	-	(211,013 )	(211,013)

Dividends paid	-	(7,260)	(7,260)

As at 31 March 2025	10,000	130,845	140,845