Vikingcoaches.com Ltd,Ltd - AccountsLtd - Accounts

Vikingcoaches.com Ltd,Ltd - AccountsLtd - Accounts

VIKINGCOACHES.COM LTD - Company Information

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2022-04-01 02772872 2023-03-31 02772872 2022-04-01 2023-03-31 02772872 2022-03-31 02772872 2021-04-01 2022-03-31 02772872 uk-core:WithinOneYear 2022-03-31 02772872 uk-core:WithinOneYear 2023-03-31 02772872 uk-core:AfterOneYear 2022-03-31 02772872 uk-core:AfterOneYear 2023-03-31 02772872 uk-core:ShareCapital 2023-03-31 02772872 uk-core:ShareCapital 2022-03-31 02772872 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 02772872 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 02772872 uk-bus:Director1 2022-04-01 2023-03-31 02772872 uk-core:PlantMachinery 2022-04-01 2023-03-31 02772872 uk-core:WithinOneYear 2023-03-31 02772872 uk-core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure 02772872 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 02772872 uk-bus:FRS102 2022-04-01 2023-03-31 02772872 uk-bus:FullAccounts 2022-04-01 2023-03-31 02772872 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Vikingcoaches.com Ltd
Registered Number:02772872
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Vikingcoaches.com Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
02772872
As at 31 March 2023
Vikingcoaches.com Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
81,521
106,994
2
81,521
106,994
Current assets
Trade and other receivables
23,873
34,171
3
34,171
23,873
Trade and other payables: amounts falling due
within one year
(540,375)
(514,738)
4
(516,502)
(480,567)
Net current liabilities
Total assets less current liabilities
(399,046)
(409,508)
Trade and other payables: amounts falling due after
more than one year
(33,512)
743
5
(398,303)
Net liabilities
(443,020)
Capital and reserves
Called up share capital
100
100
Retained earnings
(398,403)
(443,120)
(398,303)
(443,020)
Shareholders' funds
For the 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 members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 deliver
ed.
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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4
Registered Number :
02772872
For the year ended 31 March 2023
Vikingcoaches.com Ltd
Statement of Financial Position Continued
Mr Adam Collis Garratt Director
These financial statements were approved and authorised for issue by the Board on 18 December 2023 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2023
Vikingcoaches.com Ltd
Notes to the Financial Statements
Statutory Information
Vikingcoaches.com Ltd is a private limited company, limited by shares, domiciled in England and
Wales, registration number 02772872.
Registered address:
Unit 2
Ryder Close
Swadlincote
Derbyshire
DE11 9EU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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.
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
25 Reducing balance
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
3 of 5
6
For the year ended 31 March 2023
Vikingcoaches.com Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 April 2022
581,414
1,700
Additions
At 31 March 2023
583,114
Provision for depreciation and impairmen
t
At 01 April 2022
474,420
Charge for year
27,173
At 31 March 2023
501,593
At 31 March 2023
Net book value
81,521
At 31 March 2022
106,994
3. Trade and other receivables
2022
2023
£
£
Trade debtors
28,478
18,180
Other debtors
5,693
5,693
23,873
34,171
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
16,136
12,330
Trade creditors
114,944
127,569
Amounts owed to group undertaking and undertaking in
which the company has a participating interest
296,789
296,789
Taxation and social security
74,094
83,724
Other creditors
12,775
19,963
514,738
540,375
4 of 5
7
For the year ended 31 March 2023
Vikingcoaches.com Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
(743)
33,512
6. Average number of persons employed
During the year the average number of employees was 9 (2022 : 9)
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