Company Registration No. 10736835 (England and Wales)
NUNNS TAXIS LTD
Unaudited accounts
for the year ended 30 April 2024
NUNNS TAXIS LTD
Unaudited accounts
Contents
NUNNS TAXIS LTD
Company Information
for the year ended 30 April 2024
Company Number
10736835 (England and Wales)
Registered Office
Unit 1a
Sandy Lane Industrial Estate
Worksop
Nottinghamshire
S80 1TN
United Kingdom
Accountants
Athelstan Accounting Ltd
14 Middletons Yard
Worksop
Nottinghamshire
S80 2FT
NUNNS TAXIS LTD
Statement of financial position
as at 30 April 2024
Tangible assets
130,872
95,791
Cash at bank and in hand
10,909
9,198
Creditors: amounts falling due within one year
(189,838)
(141,113)
Net current liabilities
(42,009)
(33,491)
Total assets less current liabilities
88,863
62,300
Creditors: amounts falling due after more than one year
(78,569)
(75,488)
Provisions for liabilities
Deferred tax
(4,852)
(3,976)
Net assets/(liabilities)
5,442
(17,164)
Called up share capital
1
1
Profit and loss account
5,441
(17,165)
Shareholders' funds
5,442
(17,164)
For the year ending 30 April 2024 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 her 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 15 August 2024 and were signed on its behalf by
Colette Guirdham
Director
Company Registration No. 10736835
NUNNS TAXIS LTD
Notes to the Accounts
for the year ended 30 April 2024
NUNNS TAXIS LTD is a private company, limited by shares, registered in England and Wales, registration number 10736835. The registered office is Unit 1a , Sandy Lane Industrial Estate, Worksop, Nottinghamshire, S80 1TN, 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.
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.
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
25% Reducing Balance
Motor vehicles
25% Straight Line
Computer equipment
25% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
NUNNS TAXIS LTD
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
2,246
194,495
6,528
203,269
Additions
-
131,966
738
132,704
Disposals
-
(77,333)
-
(77,333)
At 30 April 2024
2,246
249,128
7,266
258,640
At 1 May 2023
1,834
101,799
3,845
107,478
Charge for the year
134
50,782
856
51,772
On disposals
-
(31,482)
-
(31,482)
At 30 April 2024
1,968
121,099
4,701
127,768
At 30 April 2024
278
128,029
2,565
130,872
At 30 April 2023
412
92,696
2,683
95,791
Amounts falling due within one year
Trade debtors
124,041
85,662
Other debtors
12,879
12,762
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
80,082
97,986
Obligations under finance leases and hire purchase contracts
60,083
20,940
Trade creditors
1,037
4,053
Taxes and social security
53,858
14,137
Loans from directors
(37,817)
(37,816)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
38,606
3,833
NUNNS TAXIS LTD
Notes to the Accounts
for the year ended 30 April 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Compound annual Loan
37,816
68,150
68,150
37,816
37,816
68,150
68,150
37,816
The Director C. Guirdham owed the Company £37,816.92 (2023: £37,816.92) at year end.
9
Average number of employees
During the year the average number of employees was 15 (2023: 23).