Company Registration No. SC229701 (Scotland)
Eve Coaches Ltd
Unaudited accounts
for the year ended 31 March 2023
Eve Coaches Ltd
Unaudited accounts
Contents
Eve Coaches Ltd
Company Information
for the year ended 31 March 2023
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 2023
Tangible assets
2,387,763
2,489,746
Cash at bank and in hand
1,599,136
1,194,085
Creditors: amounts falling due within one year
(352,406)
(352,508)
Net current assets
1,376,202
1,044,051
Total assets less current liabilities
3,763,965
3,533,797
Creditors: amounts falling due after more than one year
(51,471)
(179,857)
Provisions for liabilities
Deferred tax
(464,130)
(349,737)
Other provisions
(67,064)
(67,064)
Net assets
3,181,300
2,937,139
Called up share capital
1
1
Profit and loss account
3,181,299
2,937,138
Shareholders' funds
3,181,300
2,937,139
For the year ending 31 March 2023 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.
The financial statements were approved by the Board and authorised for issue on 31 August 2023 and were signed on its behalf by
Gary Scougall
Director
Company Registration No. SC229701
Eve Coaches Ltd
Notes to the Accounts
for the year ended 31 March 2023
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 2022
487,816
228,810
3,740,713
4,457,339
Additions
-
4,564
312,064
316,628
Disposals
-
-
(87,500)
(87,500)
At 31 March 2023
487,816
233,374
3,965,277
4,686,467
At 1 April 2022
-
136,160
1,831,433
1,967,593
Charge for the year
-
24,303
307,902
332,205
On disposals
-
-
(1,094)
(1,094)
At 31 March 2023
-
160,463
2,138,241
2,298,704
At 31 March 2023
487,816
72,911
1,827,036
2,387,763
At 31 March 2022
487,816
92,650
1,909,280
2,489,746
Eve Coaches Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
141,081
171,859
Accrued income and prepayments
2,440
2,440
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
128,385
133,880
Trade creditors
40,397
74,031
Taxes and social security
177,456
139,022
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
51,471
179,857
8
Average number of employees
During the year the average number of employees was 28 (2022: 28).