IAN'S TAXIS LIMITED

Company Registration Number:
SC622112 (Scotland)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

IAN'S TAXIS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

IAN'S TAXIS LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,626 16,870
Investments:   0 0
Total fixed assets: 3,626 16,870
Current assets
Stocks: 0 0
Debtors:   11,229 20,337
Cash at bank and in hand: 3,487 2,251
Investments:   0 0
Total current assets: 14,716 22,588
Creditors: amounts falling due within one year:   (9,952) (10,208)
Net current assets (liabilities): 4,764 12,380
Total assets less current liabilities: 8,390 29,250
Creditors: amounts falling due after more than one year:   (20,280) (28,411)
Provision for liabilities: 0 0
Total net assets (liabilities): (11,890) 839
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (11,892) 837
Shareholders funds: (11,890) 839

The notes form part of these financial statements

IAN'S TAXIS LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 November 2023
and signed on behalf of the board by:

Name: Ian Thomson
Status: Director

The notes form part of these financial statements

IAN'S TAXIS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the net invoiced amount of income from taxi hires rendered excluding Value Added Tax and consists entirely of hires rendered in the United Kindgom.

IAN'S TAXIS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 4 4

IAN'S TAXIS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 52,979
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 28 February 2023 52,979
Depreciation
At 01 March 2022 36,109
Charge for year 13,244
On disposals 0
Other adjustments 0
At 28 February 2023 49,353
Net book value
At 28 February 2023 3,626
At 28 February 2022 16,870

IAN'S TAXIS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Financial commitments

There were no capital commitments authorised or contracted for at 28th February 2023.

IAN'S TAXIS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Post balance sheet events

There have been no significant events since the end of the year that could materially affect these accounts.