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REGISTERED NUMBER: SC303750 (Scotland)







Unaudited Financial Statements

For The Year Ended 28th February 2018

for

A & C Coaches Limited

A & C Coaches Limited (Registered number: SC303750)






Contents of the Financial Statements
For The Year Ended 28th February 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

A & C Coaches Limited

Company Information
For The Year Ended 28th February 2018







DIRECTOR: A Grenfell





SECRETARY:





REGISTERED OFFICE: 8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP





REGISTERED NUMBER: SC303750 (Scotland)





ACCOUNTANTS: J.S. Mackie & Co Ltd
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP

A & C Coaches Limited (Registered number: SC303750)

Balance Sheet
28th February 2018

2018 2017
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 157,429 168,901
157,429 168,901

CURRENT ASSETS
Debtors 6 34,494 28,404
Investments 7 100,000 -
Cash at bank 132,253 163,788
266,747 192,192
CREDITORS
Amounts falling due within one year 8 (40,728 ) (47,635 )
NET CURRENT ASSETS 226,019 144,557
TOTAL ASSETS LESS CURRENT
LIABILITIES

383,448

313,458

CREDITORS
Amounts falling due after more than one
year

9

(18,052

)

-

PROVISIONS FOR LIABILITIES (28,259 ) (33,780 )
NET ASSETS 337,137 279,678

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 337,136 279,677
SHAREHOLDERS' FUNDS 337,137 279,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2018 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.

A & C Coaches Limited (Registered number: SC303750)

Balance Sheet - continued
28th February 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 28th June 2018 and were signed by:





A Grenfell - Director


A & C Coaches Limited (Registered number: SC303750)

Notes to the Financial Statements
For The Year Ended 28th February 2018

1. STATUTORY INFORMATION

A & C Coaches Limited is a private company, limited by shares , registered in Scotland. The 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
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

A & C Coaches Limited (Registered number: SC303750)

Notes to the Financial Statements - continued
For The Year Ended 28th February 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2017 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st March 2017
and 28th February 2018 30,000
AMORTISATION
At 1st March 2017
and 28th February 2018 30,000
NET BOOK VALUE
At 28th February 2018 -
At 28th February 2017 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st March 2017 510,831
Additions 83,500
Disposals (89,442 )
At 28th February 2018 504,889
DEPRECIATION
At 1st March 2017 341,930
Charge for year 52,477
Eliminated on disposal (46,947 )
At 28th February 2018 347,460
NET BOOK VALUE
At 28th February 2018 157,429
At 28th February 2017 168,901

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 18,234 9,665
Other debtors 16,260 18,739
34,494 28,404

A & C Coaches Limited (Registered number: SC303750)

Notes to the Financial Statements - continued
For The Year Ended 28th February 2018

7. CURRENT ASSET INVESTMENTS
2018 2017
£    £   
Unlisted investments 100,000 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Hire purchase contracts 7,603 17,000
Trade creditors 4,368 7,514
Taxation and social security 25,133 21,683
Other creditors 3,624 1,438
40,728 47,635

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Hire purchase contracts 18,052 -

A & C Coaches Limited

Report of the Accountants to the Director of
A & C Coaches Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28th February 2018 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






J.S. Mackie & Co Ltd
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP


28th June 2018