Company registration number 06048403 (England and Wales)
Bus and Coach Limited
Unaudited
Financial Statements
for the year ended 31 March 2023
PAGES FOR FILING WITH REGISTRAR
Bus and Coach Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
Bus and Coach Limited
Statement of financial position
as at 31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
1,000
1,000
Capital and reserves
-
-
Called up share capital
1,000
1,000
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 26 April 2023
R Gaunt
Director
Company Registration No. 06048403
Bus and Coach Limited
Notes to the financial statements
for the year ended 31 March 2023
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Group accounts
The company is entitled to exemption under section 398 of the Companies Act 2006 from the obligation to prepare group accounts.
Fixed asset investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
3
Fixed asset investments
2023
2022
£
£
Investments
1,000
1,000
The company's subsidiary at 31 March 2022 is Gauntlet Risk Management Limited a company incorporated in England and Wales.
Bus and Coach Limited
Notes to the financial statements (continued)
for the year ended 31 March 2023
3
Fixed asset investments
(continued)
- 3 -
Movements in fixed asset investments
Shares in group undertakings
£
Cost or valuation
At 1 April 2022 & 31 March 2023
1,000
Carrying amount
At 31 March 2023
1,000
At 31 March 2022
1,000
4
Controlling interest
In the opinion of the directors the ultimate controlling party is R Gaunt.
5
Company information
Bus and Coach Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 15, Acorn Business Park, Killingbeck Drive, Leeds, LS14 6UF.