Company Registration No. 7261683 (England and Wales)
ALI TAXI HIRE LTD
Unaudited accounts
for the year ended 31 May 2024
ALI TAXI HIRE LTD
Unaudited accounts
Contents
ALI TAXI HIRE LTD
Company Information
for the year ended 31 May 2024
Directors
SHOKAT ALI
SAFEENA ALI
Company Number
7261683 (England and Wales)
Registered Office
93 Oxford Avenue
SOUTHAMPTON
SO14 0DP
Accountants
Rapid Accountants Ltd
348 Portswood Road,
southampton
England
SO17 3SB
ALI TAXI HIRE LTD
Statement of financial position
as at 31 May 2024
Tangible assets
21,909
13,112
Cash at bank and in hand
13,507
20,995
Creditors: amounts falling due within one year
(63,103)
(58,438)
Net current liabilities
(49,596)
(37,443)
Total assets less current liabilities
(27,687)
(24,331)
Creditors: amounts falling due after more than one year
(3,232)
(7,292)
Net liabilities
(30,919)
(31,623)
Called up share capital
50
50
Profit and loss account
(30,969)
(31,673)
Shareholders' funds
(30,919)
(31,623)
For the year ending 31 May 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 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 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 of Directors and authorised for issue on 23 August 2024 and were signed on its behalf by
SHOKAT ALI
Director
Company Registration No. 7261683
ALI TAXI HIRE LTD
Notes to the Accounts
for the year ended 31 May 2024
ALI TAXI HIRE LTD is a private company, limited by shares, registered in England and Wales, registration number 7261683. The registered office is 93 Oxford Avenue, SOUTHAMPTON, SO14 0DP.
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:
Other tangible fixed assets
20%
4
Tangible fixed assets
Motor vehicles
ALI TAXI HIRE LTD
Notes to the Accounts
for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,748
3,436
Taxes and social security
584
-
Loans from directors
48,332
54,502
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).