Company Registration No. SC229701 (Scotland)
Eve Coaches Ltd
Unaudited accounts
for the year ended 31 March 2018
Eve Coaches Ltd
Unaudited accounts
Contents
Eve Coaches Ltd
Company Information
for the year ended 31 March 2018
Company Number
SC229701 (Scotland)
Registered Office
Spott Road Industrial Estate
Dunbar
East Lothian
EH42 1RR
Accountants
Rosebery Accountants & Business Advisors
23 Melville Street
Edinburgh
EH3 7PE
Eve Coaches Ltd
Statement of financial position
as at
31 March 2018
Tangible assets
1,986,897
2,017,149
Cash at bank and in hand
300,553
188,802
Creditors: amounts falling due within one year
(300,951)
(492,446)
Net current assets/(liabilities)
59,051
(23,274)
Total assets less current liabilities
2,045,948
1,993,875
Creditors: amounts falling due after more than one year
(187,640)
(295,710)
Provisions for liabilities
Deferred tax
(197,169)
(196,962)
Net assets
1,661,139
1,501,203
Called up share capital
1
1
Profit and loss account
1,661,138
1,501,202
Shareholders' funds
1,661,139
1,501,203
For the year ending 31 March 2018 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 June 2018.
Gary Scougall
Director
Company Registration No. SC229701
Eve Coaches Ltd
Notes to the Accounts
for the year ended 31 March 2018
Eve Coaches Ltd is a private company, limited by shares, registered in Scotland, registration number SC229701. The registered office is Spott Road Industrial Estate, Dunbar, East Lothian, EH42 1RR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
15% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2017
445,237
87,934
2,810,765
3,343,936
Additions
30,911
32,850
173,450
237,211
Disposals
-
(28,100)
(5,900)
(34,000)
At 31 March 2018
476,148
92,684
2,978,315
3,547,147
At 1 April 2017
-
84,238
1,242,549
1,326,787
Charge for the year
-
3,373
237,685
241,058
On disposals
-
(5,047)
(2,548)
(7,595)
At 31 March 2018
-
82,564
1,477,686
1,560,250
At 31 March 2018
476,148
10,120
1,500,629
1,986,897
At 31 March 2017
445,237
3,696
1,568,216
2,017,149
Eve Coaches Ltd
Notes to the Accounts
for the year ended 31 March 2018
Trade debtors
56,726
73,372
Accrued income and prepayments
2,440
2,440
Other debtors
283
204,558
6
Creditors: amounts falling due within one year
2018
2017
Obligations under finance leases and hire purchase contracts
166,541
202,218
Trade creditors
41,140
197,883
Taxes and social security
86,547
86,115
Other creditors
1,319
826
7
Creditors: amounts falling due after more than one year
2018
2017
Obligations under finance leases and hire purchase contracts
187,640
295,710
8
Average number of employees
During the year the average number of employees was 29 (2017: 25).