Company Registration No. 11727436 (England and Wales)
HELMSLEY BLACK CABS LTD
Unaudited accounts
for the year ended 31 December 2023
HELMSLEY BLACK CABS LTD
Unaudited accounts
Contents
HELMSLEY BLACK CABS LTD
Company Information
for the year ended 31 December 2023
Company Number
11727436 (England and Wales)
Registered Office
22 HIGH STREET
HELMSLEY
YORK
YO62 5AG
UNITED KINGDOM
Accountants
Scott Accountancy Services
119 Lanchester Avenue
Gateshead
Tyne & Wear
NE9 7AN
HELMSLEY BLACK CABS LTD
Statement of financial position
as at 31 December 2023
Tangible assets
17,680
23,678
Cash at bank and in hand
7,910
9,895
Creditors: amounts falling due within one year
(16,172)
(29,977)
Net current liabilities
(8,262)
(20,082)
Called up share capital
10
10
Profit and loss account
9,408
3,586
Shareholders' funds
9,418
3,596
For the year ending 31 December 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 11 July 2024 and were signed on its behalf by
Ian William Hall
Director
Company Registration No. 11727436
HELMSLEY BLACK CABS LTD
Notes to the Accounts
for the year ended 31 December 2023
HELMSLEY BLACK CABS LTD is a private company, limited by shares, registered in England and Wales, registration number 11727436. The registered office is 22 HIGH STREET, HELMSLEY, YORK, YO62 5AG, 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
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.33% Straight Line
Directors & Shareholders Support
It should be noted that the director and shareholders have sufficient income outside of the company to place no burden on the company with regard to remuneration or dividend returns in the short to medium term, as well as, if absolutely necessary, make additional investment short term should the company require this.
The company required some additional investment due to additional interest due, and quantified, during the period on loans for which deferred payments had been made during the pandemic as well as spiralling fuel and running costs coupled with inflationary rises in other areas during the period.
The directors still maintain that in the medium to longer term the investments they are making will provide a return.
HELMSLEY BLACK CABS LTD
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
68,498
2,302
1,199
71,999
At 31 December 2023
68,498
2,302
1,199
71,999
At 1 January 2023
46,823
1,099
399
48,321
Charge for the year
5,418
180
400
5,998
At 31 December 2023
52,241
1,279
799
54,319
At 31 December 2023
16,257
1,023
400
17,680
At 31 December 2022
21,675
1,203
800
23,678
5
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
1,656
16,726
Taxes and social security
1,826
2,803
Loans from directors
12,190
10,198
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).