UNITAXI LIMITED

Company Registration Number:
09925660 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

UNITAXI LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

UNITAXI LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

Taxi operation



Directors

The director shown below has held office during the whole of the period from
1 January 2023 to 31 December 2023

Elina BROWN SKROMANE


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
15 August 2024

And signed on behalf of the board by:
Name: Elina BROWN SKROMANE
Status: Director

UNITAXI LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 678,971 394,638
Cost of sales: ( 444,644 ) ( 242,316 )
Gross profit(or loss): 234,327 152,322
Distribution costs: 0 0
Administrative expenses: ( 150,572 ) ( 79,984 )
Other operating income: 0 6,660
Operating profit(or loss): 83,755 78,998
Profit(or loss) before tax: 83,755 78,998
Tax: ( 15,914 ) ( 15,010 )
Profit(or loss) for the financial year: 67,841 63,988

UNITAXI LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 18,215 26,116
Investments:   0 0
Total fixed assets: 18,215 26,116
Current assets
Stocks:   0 0
Debtors: 4 208,357 78,539
Cash at bank and in hand: 8,338 21,427
Total current assets: 216,695 99,966
Creditors: amounts falling due within one year: 5 ( 75,837 ) ( 38,636 )
Net current assets (liabilities): 140,858 61,330
Total assets less current liabilities: 159,073 87,446
Creditors: amounts falling due after more than one year: 6 ( 27,143 ) ( 23,358 )
Total net assets (liabilities): 131,930 64,088
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 63,988 0
Profit and loss account: 67,842 63,988
Total Shareholders' funds: 131,930 64,088

The notes form part of these financial statements

UNITAXI LIMITED

Balance sheet statements

For the year ending 31 December 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.

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

This report was approved by the board of directors on 15 August 2024
and signed on behalf of the board by:

Name: Elina BROWN SKROMANE
Status: Director

The notes form part of these financial statements

UNITAXI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant and machinery Motor vehicles 25% reducing balance25% reducing balance

UNITAXI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 2

UNITAXI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 748 51,923 52,671
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 748 51,923 52,671
Depreciation
At 1 January 2023 371 26,184 26,555
Charge for year 113 7,788 7,901
On disposals
Other adjustments
At 31 December 2023 484 33,972 34,456
Net book value
At 31 December 2023 264 17,951 18,215
At 31 December 2022 377 25,739 26,116

UNITAXI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 69,785 78,539
Other debtors 138,572
Total 208,357 78,539

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

UNITAXI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 15,403 16,869
Taxation and social security 15,914 18,580
Other creditors 44,520 3,187
Total 75,837 38,636

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

UNITAXI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 27,143 23,358
Total 27,143 23,358