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REGISTERED NUMBER: 08140226 (England and Wales)






Unaudited Financial Statements

for the Year Ended 30 September 2023

for

CHRIS MORRIS TAXIS LIMITED

CHRIS MORRIS TAXIS LIMITED (REGISTERED NUMBER: 08140226)

Contents of the Financial Statements
for the Year Ended 30 September 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

CHRIS MORRIS TAXIS LIMITED

Company Information
for the Year Ended 30 September 2023







DIRECTOR: C Morris





REGISTERED OFFICE: Unit 1
60 Windsor Avenue
Merton
London
SW19 2RR





REGISTERED NUMBER: 08140226 (England and Wales)





ACCOUNTANTS: Pembroke Briggs Chartered Accountants
Beacon House
South Road
Weybridge
Surrey
KT13 9DZ

CHRIS MORRIS TAXIS LIMITED (REGISTERED NUMBER: 08140226)

Abridged Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,315,227 1,543,889
1,315,227 1,543,889

CURRENT ASSETS
Debtors 13,196 13,196
Cash at bank and in hand 165 165
13,361 13,361
CREDITORS
Amounts falling due within one
year

541,906

615,731
NET CURRENT LIABILITIES (528,545 ) (602,370 )
TOTAL ASSETS LESS
CURRENT LIABILITIES

786,682

941,519

CREDITORS
Amounts falling due after more
than one year

(388,637

)

(580,485

)

PROVISIONS FOR LIABILITIES (27,513 ) (20,806 )
NET ASSETS 370,532 340,228

CHRIS MORRIS TAXIS LIMITED (REGISTERED NUMBER: 08140226)

Abridged Balance Sheet - continued
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 370,531 340,227
370,532 340,228

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2024 and were signed by:





C Morris - Director


CHRIS MORRIS TAXIS LIMITED (REGISTERED NUMBER: 08140226)

Notes to the Financial Statements
for the Year Ended 30 September 2023


1. STATUTORY INFORMATION

Chris Morris Taxis Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


CHRIS MORRIS TAXIS LIMITED (REGISTERED NUMBER: 08140226)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2022
and 30 September 2023 40,000
AMORTISATION
At 1 October 2022
and 30 September 2023 40,000
NET BOOK VALUE

At 30 September 2023 -
At 30 September 2022 -

CHRIS MORRIS TAXIS LIMITED (REGISTERED NUMBER: 08140226)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2022
and 30 September 2023 2,892,069
DEPRECIATION
At 1 October 2022 1,348,180
Charge for year 228,662
At 30 September 2023 1,576,842
NET BOOK VALUE
At 30 September 2023 1,315,227
At 30 September 2022 1,543,889

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 October 2022
and 30 September 2023 2,843,016
DEPRECIATION
At 1 October 2022 1,324,232
Charge for year 223,110
At 30 September 2023 1,547,342
NET BOOK VALUE
At 30 September 2023 1,295,674
At 30 September 2022 1,518,784

CHRIS MORRIS TAXIS LIMITED

Report of the Accountants to the Director of
Chris Morris Taxis Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Pembroke Briggs Chartered Accountants
Beacon House
South Road
Weybridge
Surrey
KT13 9DZ


Date: .............................................