Company Registration No. 11153839 (England and Wales)
EVEREST TAXIS LTD
Unaudited accounts
for the period from 1 February 2022 to 31 December 2022
EVEREST TAXIS LTD
Unaudited accounts
Contents
EVEREST TAXIS LTD
Company Information
for the period from 1 February 2022 to 31 December 2022
Director
Mr. Rifkhan MOHAMED
Company Number
11153839 (England and Wales)
Registered Office
157/A LOUGHBOROUGH ROAD
LEICESTER
LE4 5LR
UNITED KINGDOM
Accountants
Farshan & Co
Accountants & Tax Advisers
Suite 1, 2 Britannia Street
Leicester
LE1 3LE
EVEREST TAXIS LTD
Statement of financial position
as at 31 December 2022
Tangible assets
1,144
1,395
Cash at bank and in hand
16,214
3,865
Creditors: amounts falling due within one year
(16,171)
(17,464)
Net current assets/(liabilities)
43
(13,599)
Total assets less current liabilities
1,187
(12,204)
Creditors: amounts falling due after more than one year
(28,627)
(22,258)
Net liabilities
(27,440)
(34,462)
Called up share capital
100
100
Profit and loss account
(27,540)
(34,562)
Shareholders' funds
(27,440)
(34,462)
For the period ending 31 December 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 director acknowledges his 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 and authorised for issue on 7 November 2023 and were signed on its behalf by
Mr. Rifkhan MOHAMED
Director
Company Registration No. 11153839
EVEREST TAXIS LTD
Notes to the Accounts
for the period from 1 February 2022 to 31 December 2022
EVEREST TAXIS LTD is a private company, limited by shares, registered in England and Wales, registration number 11153839. The registered office is 157/A LOUGHBOROUGH ROAD, LEICESTER, LE4 5LR, UNITED KINGDOM.
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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
950
2,160
3,110
At 31 December 2022
950
2,160
3,110
At 1 February 2022
520
1,195
1,715
Charge for the period
77
174
251
At 31 December 2022
597
1,369
1,966
At 31 December 2022
353
791
1,144
At 31 January 2022
430
965
1,395
EVEREST TAXIS LTD
Notes to the Accounts
for the period from 1 February 2022 to 31 December 2022
5
Creditors: amounts falling due within one year
31/12/2022
31/01/2022
Other creditors
16,171
17,464
6
Creditors: amounts falling due after more than one year
31/12/2022
31/01/2022
7
Average number of employees
During the period the average number of employees was 4 (31/01/2022: 4).