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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
Page
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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
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The London Minicab Service Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
344 
514 
Current assets
Debtors
4,621 
6,381 
Cash at bank and in hand
100,098 
139,450 
104,719 
145,831 
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)
Net assets
62,232 
87,217 
Capital and reserves
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
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The London Minicab Service Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
Foreign currencies
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.
Leased assets
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.
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The London Minicab Service Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
3,575 
At 31 March 2024
3,575 
Depreciation
At 1 April 2023
3,061 
Charge for the year
170 
At 31 March 2024
3,231 
Net book value
At 31 March 2024
344 
At 31 March 2023
514 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,779 
4,208 
Accrued income and prepayments
566 
- 
Other debtors
276 
2,173 
4,621 
6,381 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,502 
2,217 
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 
Accruals
1,450 
2,660 
Deferred income
22,578 
21,013 
31,099 
37,193 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,732 
21,935 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
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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).
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