Company Registration No. 07122241 (England and Wales)
CAB MY RIDE LIMITED
Unaudited accounts
for the period from 30 July 2021 to 28 July 2022
CAB MY RIDE LIMITED
Unaudited accounts
Contents
CAB MY RIDE LIMITED
Company Information
for the period from 30 July 2021 to 28 July 2022
Directors
Arjan Sahota
James Roy Adams
Company Number
07122241 (England and Wales)
Registered Office
ARENA BUSINESS CENTRE
THREEFIELD LANE
SOUTHAMPTON
SO14 3LP
ENGLAND
Accountants
Fresh Accounting & Legal Limited
7, Bell Yard
London
WC2A 2JR
CAB MY RIDE LIMITED
Statement of financial position
as at 28 July 2022
Tangible assets
102,052
35,995
Cash at bank and in hand
363,181
44,102
Creditors: amounts falling due within one year
(382,455)
(108,690)
Net current assets
14,358
49,766
Total assets less current liabilities
116,410
85,761
Creditors: amounts falling due after more than one year
(39,352)
(49,113)
Called up share capital
2
2
Profit and loss account
77,056
36,646
Shareholders' funds
77,058
36,648
For the period ending 28 July 2022 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2023 and were signed on its behalf by
Arjan Sahota
Director
Company Registration No. 07122241
CAB MY RIDE LIMITED
Notes to the Accounts
for the period from 30 July 2021 to 28 July 2022
CAB MY RIDE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07122241. The registered office is ARENA BUSINESS CENTRE, THREEFIELD LANE, SOUTHAMPTON, SO14 3LP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on Cost
Fixtures & fittings
15% on Cost
Computer equipment
20% on Cost
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 30 July 2021
-
38,881
80,543
119,424
Additions
105,099
-
6,417
111,516
At 28 July 2022
105,099
38,881
86,960
230,940
At 30 July 2021
-
27,434
55,995
83,429
Charge for the period
26,275
4,192
14,992
45,459
At 28 July 2022
26,275
31,626
70,987
128,888
At 28 July 2022
78,824
7,255
15,973
102,052
At 29 July 2021
-
11,447
24,548
35,995
Amounts falling due within one year
Trade debtors
17,709
39,481
Other debtors
15,923
74,873
CAB MY RIDE LIMITED
Notes to the Accounts
for the period from 30 July 2021 to 28 July 2022
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
1,527
34,055
Taxes and social security
21,038
17,360
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the period the average number of employees was 7 (2021: 0).