IRIS Accounts Production v24.3.2.46 13835379 director 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh138353792023-04-30138353792024-04-30138353792023-05-012024-04-30138353792022-01-06138353792022-01-072023-04-30138353792023-04-3013835379ns15:EnglandWales2023-05-012024-04-3013835379ns14:PoundSterling2023-05-012024-04-3013835379ns10:Director12023-05-012024-04-3013835379ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3013835379ns10:SmallEntities2023-05-012024-04-3013835379ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3013835379ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3013835379ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3013835379ns10:FullAccounts2023-05-012024-04-3013835379ns10:OrdinaryShareClass12023-05-012024-04-3013835379ns10:RegisteredOffice2023-05-012024-04-3013835379ns5:CurrentFinancialInstruments2024-04-3013835379ns5:CurrentFinancialInstruments2023-04-3013835379ns5:Non-currentFinancialInstruments2024-04-3013835379ns5:Non-currentFinancialInstruments2023-04-3013835379ns5:ShareCapital2024-04-3013835379ns5:ShareCapital2023-04-3013835379ns5:RetainedEarningsAccumulatedLosses2024-04-3013835379ns5:RetainedEarningsAccumulatedLosses2023-04-3013835379ns5:PlantMachinery2023-05-012024-04-3013835379ns5:MotorVehicles2023-05-012024-04-3013835379ns5:PlantMachinery2023-04-3013835379ns5:MotorVehicles2023-04-3013835379ns5:PlantMachinery2024-04-3013835379ns5:MotorVehicles2024-04-3013835379ns5:PlantMachinery2023-04-3013835379ns5:MotorVehicles2023-04-3013835379ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-012024-04-3013835379ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-04-3013835379ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3013835379ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3013835379ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 13835379 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

CRAIG'S TAXIS LTD

CRAIG'S TAXIS LTD (REGISTERED NUMBER: 13835379)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CRAIG'S TAXIS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: C J Holder





REGISTERED OFFICE: 18 High West Street
Dorchester
Dorset
DT1 1UW





REGISTERED NUMBER: 13835379 (England and Wales)





ACCOUNTANTS: Pugsley Revill
18 High West Street
Dorchester
Dorset
DT1 1UW

CRAIG'S TAXIS LTD (REGISTERED NUMBER: 13835379)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,377 13,937

CURRENT ASSETS
Debtors 5 3,566 4,437
Cash at bank 1,789 3,097
5,355 7,534
CREDITORS
Amounts falling due within one year 6 11,323 17,885
NET CURRENT LIABILITIES (5,968 ) (10,351 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,409

3,586

CREDITORS
Amounts falling due after more than one
year

7

6,231

-
NET ASSETS 7,178 3,586

CAPITAL AND RESERVES
Called up share capital 9 10 10
Retained earnings 7,168 3,576
SHAREHOLDERS' FUNDS 7,178 3,586

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

CRAIG'S TAXIS LTD (REGISTERED NUMBER: 13835379)

BALANCE SHEET - continued
30 APRIL 2024


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

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

The financial statements were approved by the director and authorised for issue on 20 December 2024 and were signed by:





C J Holder - Director


CRAIG'S TAXIS LTD (REGISTERED NUMBER: 13835379)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Craig's Taxis Ltd 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.

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.
Equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

CRAIG'S TAXIS LTD (REGISTERED NUMBER: 13835379)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Motor
Equipment vehicles Totals
£    £    £   
COST
At 1 May 2023 250 18,300 18,550
Additions 160 12,818 12,978
Disposals - (4,000 ) (4,000 )
At 30 April 2024 410 27,118 27,528
DEPRECIATION
At 1 May 2023 38 4,575 4,613
Charge for year 56 4,482 4,538
Eliminated on disposal - (1,000 ) (1,000 )
At 30 April 2024 94 8,057 8,151
NET BOOK VALUE
At 30 April 2024 316 19,061 19,377
At 30 April 2023 212 13,725 13,937

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 10,519
At 30 April 2024 10,519
DEPRECIATION
Charge for year 1,753
At 30 April 2024 1,753
NET BOOK VALUE
At 30 April 2024 8,766

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,566 4,437

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 2,078 -
Trade creditors 2,153 1,551
Taxation and social security 4,444 1,997
Other creditors 2,648 14,337
11,323 17,885

CRAIG'S TAXIS LTD (REGISTERED NUMBER: 13835379)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 6,231 -

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 8,309 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary £1 10 10