Company Registration No. 10311650 (England and Wales)
Brummies Taxis Ltd
Unaudited accounts
for the year ended 31 July 2023
Brummies Taxis Ltd
Unaudited accounts
Contents
Brummies Taxis Ltd
Company Information
for the year ended 31 July 2023
Company Number
10311650 (England and Wales)
Registered Office
Skn Business Centre
1 Guildford Street
Birmingham
B19 2HN
United Kingdom
Accountants
SKN Services Limited
SKN Business Centre
1 Guildford St
Birmingham
B19 2HN
Brummies Taxis Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
13,965
17,456
Cash at bank and in hand
12,260
27,993
Creditors: amounts falling due within one year
(65,747)
(56,432)
Net current liabilities
(52,518)
(27,786)
Total assets less current liabilities
(38,553)
(10,330)
Creditors: amounts falling due after more than one year
(12,049)
(15,739)
Net liabilities
(50,602)
(26,069)
Called up share capital
100
100
Profit and loss account
(50,702)
(26,169)
Shareholders' funds
(50,602)
(26,069)
For the year ending 31 July 2023 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 March 2024 and were signed on its behalf by
Mohammed Islam
Director
Company Registration No. 10311650
Brummies Taxis Ltd
Notes to the Accounts
for the year ended 31 July 2023
Brummies Taxis Ltd is a private company, limited by shares, registered in England and Wales, registration number 10311650. The registered office is Skn Business Centre, 1 Guildford Street , Birmingham, B19 2HN, 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 year, 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.
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:
Plant & machinery
20% on reducing balance
Motor vehicles
20% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2022
14,994
22,775
37,769
At 31 July 2023
14,994
22,775
37,769
At 1 August 2022
10,981
9,332
20,313
Charge for the year
802
2,689
3,491
At 31 July 2023
11,783
12,021
23,804
At 31 July 2023
3,211
10,754
13,965
At 31 July 2022
4,013
13,443
17,456
Amounts falling due within one year
Brummies Taxis Ltd
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
54,145
37,076
Other creditors
11,602
19,356
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).