DIRECT TAXIS GROUP LIMITED

Company Registration Number:
10837742 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

DIRECT TAXIS GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

DIRECT TAXIS GROUP LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 40,867 54,490
Investments: 4 277,925 277,925
Total fixed assets: 318,792 332,415
Current assets
Debtors: 5 41,091 12,631
Cash at bank and in hand: 40,534 114,142
Total current assets: 81,625 126,773
Creditors: amounts falling due within one year: 6 (9,677) (95,617)
Net current assets (liabilities): 71,948 31,156
Total assets less current liabilities: 390,740 363,571
Total net assets (liabilities): 390,740 363,571
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 389,740 362,571
Shareholders funds: 390,740 363,571

The notes form part of these financial statements

DIRECT TAXIS GROUP LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 March 2025
and signed on behalf of the board by:

Name: D A Hatton
Status: Director

The notes form part of these financial statements

DIRECT TAXIS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable in respect of rental income due prior to the Balance Sheet date and provided in the normal course of business, and is shown net of VAT and other sales related taxes.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their estimated residual values over their useful lives on the following bases: Motor Vehicles – 25% per annum reducing balance basis

Other accounting policies

Investment property, which is property held to earn rentals and/or capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently, it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

DIRECT TAXIS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

DIRECT TAXIS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 129,158
At 30 June 2024 129,158
Depreciation
At 01 July 2023 74,668
Charge for year 13,623
At 30 June 2024 88,291
Net book value
At 30 June 2024 40,867
At 30 June 2023 54,490

DIRECT TAXIS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Fixed investments

The investment property is stated at fair value. Fixed asset investments are stated at cost.

DIRECT TAXIS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

DIRECT TAXIS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due within one year note

At the Balance Sheet date, the aggregate amount of creditors for which security has been given amounted to £nil (2023 - £nil).

DIRECT TAXIS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. Loans to directors

At the Balance Sheet date, the directors' current accounts were overdrawn to the value of £36,216 (2023 - £nil). The directors' current accounts were repaid in full post year end.