Registered Number
:
09597317
|
For the year ended 31 March 2022
England and Wales
Unaudited Financial Statements
Beachers Coaches Ltd
Statement of Financial Position
2021
2022
3,362
4,462
2
Property
,
plant and equipment
|
90,646
86,837
3
94,008
91,299
Trade and other receivables
|
39,696
43,033
4
4,099
Cash and cash equivalents
|
13,156
56,189
43,795
Trade and other payables
:
amounts falling due within one
|
year
|
(7,818)
(28,735)
5
35,977
27,454
Net current assets
Total assets less current liabilities
|
121,462
127,276
Trade and other payables
:
amounts falling due after more
|
than one year
|
(110,940)
(102,889)
6
(17,223)
(16,499)
Provisions for liabilities
|
1,350
Net assets/liabilities
(163)
20
20
1,330
(183)
1,350
(163)
Shareholders' funds
For the year ended 31 March 2022 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 of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
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For the year ended 31 March 2022
Beachers Coaches Ltd
Statement of Financial Position Continued
Mr Darren John Beacher Director
|
These financial statements were approved and authorised for issue by the Board on 29 August 2022 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 March 2022
Beachers Coaches Ltd
Notes to the Financial Statements
Statutory Information
Beachers Coaches Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
09597317
.
|
4 South Bank
Shotton
Deeside
CH5 1XZ
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of 10 years.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Motor vehicles
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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For the year ended 31 March 2022
Beachers Coaches Ltd
Notes to the Financial Statements Continued
2
.
Intangible fixed assets
|
Goodwill
11,000
11,000
6,538
1,100
Charge for year
7,638
3,362
4,462
3
.
Property
,
plant and equipment
|
Motor vehicles
107,034
106,430
604
8,350
8,350
-
604
114,780
115,384
Provision for depreciation and impairment
|
20,197
19,719
478
Charge for year
4,541
4,415
126
24,738
24,134
604
-
90,646
90,646
126
86,711
86,837
4
.
Trade and other receivables
|
2021
2022
Amounts owed by directors
|
40,655
39,264
Taxation and social security
|
-
432
2,378
-
39,696
43,033
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For the year ended 31 March 2022
Beachers Coaches Ltd
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2021
2022
Bank loans and overdraft
(
secured
)
|
2,083
385
2,569
460
1,185
247
Taxation and social security
|
10,870
2,002
Obligations under HP
/
Financial leases
|
12,028
4,724
28,735
7,818
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2021
2022
10,071
4,307
Bank loans and overdraft
(
secured
)
|
24,917
26,615
80,018
67,901
Obligations under HP
/
Financial leases
|
102,889
110,940
7
.
Directors advances and guarantees
|
Loaned
Mr Darren John Beacher
Overdrawn Director's Loan Account
|
40,655
39,264
1,391
40,655
39,264
1,391
8
.
Average number of persons employed
|
During the year the average number of employees was 1 (2021 : 1)
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