Company Registration No. 11937949 (England and Wales)
ABC TAXIS (NW) LTD
Unaudited accounts
for the year ended 30 April 2024
ABC TAXIS (NW) LTD
Unaudited accounts
Contents
ABC TAXIS (NW) LTD
Company Information
for the year ended 30 April 2024
Directors
C. DEWHURST
J. ROBERTS
Company Number
11937949 (England and Wales)
Registered Office
15 HIGH STREET
RUNCORN
WA7 1AP
ENGLAND
ABC TAXIS (NW) LTD
Statement of financial position
as at 30 April 2024
Tangible assets
1,446,365
1,105,193
Cash at bank and in hand
44,583
81,304
Creditors: amounts falling due within one year
(454,440)
(297,128)
Net current liabilities
(325,598)
(163,828)
Total assets less current liabilities
1,120,767
941,365
Creditors: amounts falling due after more than one year
(928,825)
(839,219)
Net assets
191,942
102,146
Called up share capital
100
100
Capital redemption reserve
86,251
21,601
Profit and loss account
105,591
80,445
Shareholders' funds
191,942
102,146
For the year ending 30 April 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 2 October 2024 and were signed on its behalf by
C. DEWHURST
Director
Company Registration No. 11937949
ABC TAXIS (NW) LTD
Notes to the Accounts
for the year ended 30 April 2024
ABC TAXIS (NW) LTD is a private company, limited by shares, registered in England and Wales, registration number 11937949. The registered office is 15 HIGH STREET, RUNCORN, WA7 1AP, 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.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
44,500
1,165,648
2,608
975
1,213,731
Additions
-
402,589
-
-
402,589
At 30 April 2024
44,500
1,568,237
2,608
975
1,616,320
At 1 May 2023
-
107,102
1,044
392
108,538
Charge for the year
-
61,058
261
98
61,417
At 30 April 2024
-
168,160
1,305
490
169,955
At 30 April 2024
44,500
1,400,077
1,303
485
1,446,365
At 30 April 2023
44,500
1,058,546
1,564
583
1,105,193
Amounts falling due after more than one year
Other debtors
84,259
51,996
ABC TAXIS (NW) LTD
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,226
9,226
Obligations under finance leases and hire purchase contracts
303,757
164,584
Taxes and social security
94,283
122,358
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Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
911,270
812,438
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Average number of employees
During the year the average number of employees was 5 (2023: 3).