Hammonds Coaches Limited - Accounts to registrar - small 17.2
Hammonds Coaches Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 August 2017 |
| for |
| Hammonds Coaches Limited |
| Hammonds Coaches Limited (Registered number: 05426458) |
| Contents of the Financial Statements |
| for the Year Ended 31 August 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Hammonds Coaches Limited |
| Company Information |
| for the Year Ended 31 August 2017 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 10 Mapperley Road |
| Mapperley Park |
| Nottingham |
| NG3 5AA |
| Hammonds Coaches Limited (Registered number: 05426458) |
| Balance Sheet |
| 31 August 2017 |
| 31.8.17 | 31.8.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Prepayments and accrued income |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 |
| NET ASSETS |
| 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. |
| Hammonds Coaches Limited (Registered number: 05426458) |
| Balance Sheet - continued |
| 31 August 2017 |
| 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 |
| Hammonds Coaches Limited (Registered number: 05426458) |
| Notes to the Financial Statements |
| for the Year Ended 31 August 2017 |
| 1. | STATUTORY INFORMATION |
| Hammonds 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 |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, |
| if held under a finance lease, over the lease term, whichever is the shorter. |
| Motor Vehicles - Coaches - 10% on cost |
| Other Tangible Assets - 25% on cost |
| Leasing commitments |
| Assets obtained under finance leases are capitalised in the balance sheet and depreciated over their estimated useful |
| lives. The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Hammonds Coaches Limited (Registered number: 05426458) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2017 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 September 2016 |
| Additions |
| Disposals | ( |
) |
| At 31 August 2017 |
| DEPRECIATION |
| At 1 September 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 August 2017 |
| NET BOOK VALUE |
| At 31 August 2017 |
| At 31 August 2016 |
| Fixed assets, included in the above, which are held under finance leases are as follows: |
| Motor Vehicles |
| £ |
| COST |
| At 1 September 2016 | 125,000 |
| Additions | - |
| Disposals | - |
| At 31st August 2017 | 125,000 |
| DEPRECIATION |
| At 1st September 2016 | 12,500 |
| Charge for Year | 12,500 |
| Eliminated on Disposal | - |
| At 31st August 2017 | 25,000 |
| NET BOOK VALUE |
| At 31st August 2017 | 100,000 |
| At 31st August 2016 | 112,500 |
| Hammonds Coaches Limited (Registered number: 05426458) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2017 |
| 5. | DEBTORS |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Amounts falling due within one year: |
| Trade debtors |
| Other debtors |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts and finance leases |
| Payments on account |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Hire purchase contracts and finance leases |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Bank loans |
| Hire purchase contracts and finance leases | 197,900 | 245,108 |
| 9. | ULTIMATE CONTROLLING PARTY |
| The controlling party is N D Hammond. |