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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
Page
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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
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EVEREST TAXIS LTD Statement of financial position as at 31 December 2022
31/12/2022 
31/01/2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,144 
1,395 
Current assets
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)
Capital and reserves
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
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EVEREST TAXIS LTD Notes to the Accounts for the period from 1 February 2022 to 31 December 2022
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Fixtures & fittings
18%
Computer equipment
18%
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 
Depreciation
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 
Net book value
At 31 December 2022
353 
791 
1,144 
At 31 January 2022
430 
965 
1,395 
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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 
£ 
£ 
Bank loans
28,627 
22,258 
7
Average number of employees
During the period the average number of employees was 4 (31/01/2022: 4).
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