Barfordian Coaches Limited - Accounts to registrar (filleted) - small 18.2
Barfordian Coaches Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019 |
| FOR |
| BARFORDIAN COACHES LIMITED |
| BARFORDIAN COACHES LIMITED (REGISTERED NUMBER: 01932951) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| BARFORDIAN COACHES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| City Pavilion, 27 Bush Lane |
| London |
| EC4R 0AA |
| BANKERS: |
| Bedford Branch |
| 15-19 Mill Street |
| Bedford |
| Bedfordshire |
| MK40 3EU |
| BARFORDIAN COACHES LIMITED (REGISTERED NUMBER: 01932951) |
| BALANCE SHEET |
| 31 MARCH 2019 |
| 31.3.19 | 31.3.18 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps 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 Sections 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 were approved by the director on |
| BARFORDIAN COACHES LIMITED (REGISTERED NUMBER: 01932951) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| 1. | STATUTORY INFORMATION |
| Barfordian Coaches Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| The turnover shown in the profit and loss account represents services supplied during the year net of value |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the |
| extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will |
| be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Depreciation |
| Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful |
| economic life of that asset as follows: |
| Freehold buildings - 2% or 10% p.a straight line |
| Motor Vehicles - 5% to 40% p.a straight line |
| Furniture & fittings - 20% or 33% p.a straight line or 20% p.a reducing balance |
| Land is not depreciated. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| BARFORDIAN COACHES LIMITED (REGISTERED NUMBER: 01932951) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Motor |
| fittings | vehicles | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2018 |
| and 31 March 2019 |
| DEPRECIATION |
| At 1 April 2018 |
| and 31 March 2019 |
| NET BOOK VALUE |
| At 31 March 2019 |
| At 31 March 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.19 | 31.3.18 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.19 | 31.3.18 |
| £ | £ |
| Trade creditors | ( |
) |
| Amounts owed to participating interests | 88,529 | 12,665 |
| Taxation and social security | ( |
) | ( |
) |
| Other creditors |
| 7. | RELATED PARTY DISCLOSURES |
| Included in debtors falling due within one year is a balance of £451,500 (2018: £451,500) owed by Terina Limited, |
| the company's parent. The loan is interest free. |
| Included in debtors falling due within on year is a balance of £88,529 (2018: £2,122) owed by Soul Bros Ltd, a |
| company in which D F Soul, together with the shareholders of Terina Ltd, hold more than 50% of the total issued |
| shares.The loan is interest free. |
| Included in debtors falling due within one year is a balance of £54,065 (2018:£50,920) owed by DPA Associates |
| Limited, a company in which D J Soul is a director and shareholder. The loan is interest free. |