REGISTERED NUMBER: 04167335 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2016

for

A & B COACH TRAVEL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr K B Wheadon

SECRETARY:

Ms D J Richards

REGISTERED OFFICE:

Unit 13-14

Argyle Industrial Estate

Caerau

CARDIFF

CF5 5NP

REGISTERED NUMBER:

04167335 (England and Wales)

ACCOUNTANTS:

KTS OWENS THOMAS LIMITED

Chartered Accountants and Business Advisers

The Counting House

Celtic Gateway

Dunleavy Drive

Cardiff

CF11 0SN

FIXED ASSETS

Tangible assets

2

231,260

278,694

CURRENT ASSETS

Stocks

2,250

-

Debtors

79,789

117,208

Cash at bank and in hand

5,031

8,323

87,070

125,531

CREDITORS

Amounts falling due within one year

3

(112,346

)

(143,716

)

NET CURRENT LIABILITIES

(25,276

)

(18,185

)

TOTAL ASSETS LESS CURRENT LIABILITIES

205,984

260,509

CREDITORS

Amounts falling due after more than one year

3

(23,352

)

(62,193

)

PROVISIONS FOR LIABILITIES

(44,283

)

(49,800

)

NET ASSETS

138,349

148,516

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

138,249

148,416

SHAREHOLDERS' FUNDS

138,349

148,516

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 31 January 2017 and were signed by:

Mr K B Wheadon - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Machinery

-

20% on reducing balance

Motor vehicles

-

18% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

672,991

Additions

1,300

Disposals

(7,700

)

At 30 April 2016

666,591

DEPRECIATION

At 1 May 2015

394,297

Charge for year

47,436

Eliminated on disposal

(6,402

)

At 30 April 2016

435,331

NET BOOK VALUE

At 30 April 2016

231,260

At 30 April 2015

278,694

3.

CREDITORS

Creditors include an amount of £ 75,317 (2015 - £ 138,673 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr K B Wheadon by virtue of his shareholding.