Company Registration No. 08953779 (England and Wales)
The London Minicab Service Limited
Unaudited accounts
for the year ended 31 March 2024
The London Minicab Service Limited
Unaudited accounts
Contents
The London Minicab Service Limited
Company Information
for the year ended 31 March 2024
Directors
Anthony Richard Francis Delicata
Richard Delicata
Secretary
Maria Gema Maldonado-Cordero
Company Number
08953779 (England and Wales)
Registered Office
FIRST CONNECTIONS - PRIVATE HIRE
95 GRACEFIELD GARDENS
LONDON
SW16 2TU
ENGLAND
Accountants
G BAKER
12 Lower Icknield Way
Aston Clinton
Bucks
HP22 5JS
The London Minicab Service Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
100,098
139,450
Creditors: amounts falling due within one year
(31,099)
(37,193)
Net current assets
73,620
108,638
Total assets less current liabilities
73,964
109,152
Creditors: amounts falling due after more than one year
(11,732)
(21,935)
Called up share capital
10
10
Profit and loss account
62,222
87,207
Shareholders' funds
62,232
87,217
For the year ending 31 March 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 19 September 2024 and were signed on its behalf by
Anthony Richard Francis Delicata
Director
Company Registration No. 08953779
The London Minicab Service Limited
Notes to the Accounts
for the year ended 31 March 2024
The London Minicab Service Limited is a private company, limited by shares, registered in England and Wales, registration number 08953779. The registered office is FIRST CONNECTIONS - PRIVATE HIRE, 95 GRACEFIELD GARDENS, LONDON, SW16 2TU, ENGLAND.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33 on reducing balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The London Minicab Service Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
566
-
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,568
1,160
Taxes and social security
(977)
2,140
Other creditors
2,076
2,971
Loans from directors
902
5,032
Deferred income
22,578
21,013
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
The London Minicab Service Limited
Notes to the Accounts
for the year ended 31 March 2024
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).