Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-10-01Taxi service33truetruefalse 09853790 2023-10-01 2024-09-30 09853790 2022-10-01 2023-09-30 09853790 2024-09-30 09853790 2023-09-30 09853790 c:Director3 2023-10-01 2024-09-30 09853790 d:OfficeEquipment 2023-10-01 2024-09-30 09853790 d:OfficeEquipment 2024-09-30 09853790 d:OfficeEquipment 2023-09-30 09853790 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09853790 d:CurrentFinancialInstruments 2024-09-30 09853790 d:CurrentFinancialInstruments 2023-09-30 09853790 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 09853790 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 09853790 d:ShareCapital 2024-09-30 09853790 d:ShareCapital 2023-09-30 09853790 d:RetainedEarningsAccumulatedLosses 2024-09-30 09853790 d:RetainedEarningsAccumulatedLosses 2023-09-30 09853790 c:FRS102 2023-10-01 2024-09-30 09853790 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09853790 c:FullAccounts 2023-10-01 2024-09-30 09853790 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09853790 2 2023-10-01 2024-09-30 09853790 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 09853790










A1 CABCO TAXIS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
A1 CABCO TAXIS LIMITED
REGISTERED NUMBER: 09853790

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 5 
3
111

  
3
111

Current assets
  

Debtors: amounts falling due within one year
 6 
9,252
29,134

Cash at bank and in hand
  
19,924
33,333

  
29,176
62,467

Creditors: amounts falling due within one year
 7 
(65,150)
(68,680)

Net current liabilities
  
 
 
(35,974)
 
 
(6,213)

Total assets less current liabilities
  
(35,971)
(6,102)

  

Net liabilities
  
(35,971)
(6,102)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(36,071)
(6,202)

  
(35,971)
(6,102)


Page 1

 
A1 CABCO TAXIS LIMITED
REGISTERED NUMBER: 09853790
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 February 2025.




K Kaur
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
A1 CABCO TAXIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Going concern

At 30 September 2024, the Company had net liabilities of £35,971. The Company is reliant on the support of the directors. It is the intention of the director to support the Company and therefore these accounts have been prepared on a going concern basis.

 
1.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.4

Operating leases: the Company as lessee

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

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
1.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
A1 CABCO TAXIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.Accounting policies (continued)

 
1.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
1.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
A1 CABCO TAXIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.


General information

The company is a private company, limited by shares and registered in England.
Its registered number is: 09853790
Its registered office is:
The Old Coach House
56 High Street
Harston
Cambridge
CB22 7PZ


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

There have been no significant judgements made by management in preparing these financial statements.


4.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


5.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 October 2023
325



At 30 September 2024

325



Depreciation


At 1 October 2023
215


Charge for the year on owned assets
107



At 30 September 2024

322



Net book value



At 30 September 2024
3



At 30 September 2023
111

Page 5

 
A1 CABCO TAXIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Debtors

2024
2023
£
£


Trade debtors
9,252
27,902

Other debtors
-
1,232

9,252
29,134



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
478
93

Other taxation and social security
4,692
4,807

Other creditors
58,930
62,780

Accruals and deferred income
1,050
1,000

65,150
68,680



8.


Related party transactions

The amount due to the Director Mr S Singh at the reporting date is £56,859 (2023: £53,995).  The loan does not attract a rate of interest and is repayable on demand.

 
Page 6