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REGISTERED NUMBER: 04062617 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

EASTBOURNE & COUNTRY TAXIS LIMITED

EASTBOURNE & COUNTRY TAXIS LIMITED (REGISTERED NUMBER: 04062617)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 7

EASTBOURNE & COUNTRY TAXIS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: M A Barrett
K Coleman
S Guma





REGISTERED OFFICE: 28 Wilton Road
Bexhill on Ses
East Sussex
TN40 1EZ





REGISTERED NUMBER: 04062617 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ

EASTBOURNE & COUNTRY TAXIS LIMITED (REGISTERED NUMBER: 04062617)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 13,637 18,359
Investment property 5 638,601 638,601
652,238 656,960

CURRENT ASSETS
Debtors 6 78,172 101,633
Cash at bank and in hand 20,443 55,564
98,615 157,197
CREDITORS
Amounts falling due within one year 7 270,964 294,434
NET CURRENT LIABILITIES (172,349 ) (137,237 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

479,889

519,723

CREDITORS
Amounts falling due after more than one
year

8

277,194

322,635
NET ASSETS 202,695 197,088

CAPITAL AND RESERVES
Called up share capital 487 487
Share premium 16,808 16,808
Retained earnings 185,400 179,793
SHAREHOLDERS' FUNDS 202,695 197,088

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

EASTBOURNE & COUNTRY TAXIS LIMITED (REGISTERED NUMBER: 04062617)

BALANCE SHEET - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by:





M A Barrett - Director


EASTBOURNE & COUNTRY TAXIS LIMITED (REGISTERED NUMBER: 04062617)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Eastbourne & Country Taxis Limited 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.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment 15% on reducing balance
Computer equipment 33% on cost & 10% reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

There is no depreciation or amortisation provided in respect of freehold or leasehold properties having more than 20 years unexpired. This departure from the requirements of the Companies Act 2006, for all properties to be depreciated, is, in the opinion of the Members, necessary for the financial statements to give a true and fair view in accordance with applicable accounting standards, as properties are included in the financial statements at their fair value.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 20 ) .

EASTBOURNE & COUNTRY TAXIS LIMITED (REGISTERED NUMBER: 04062617)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 184,910
Additions 2,352
At 31 December 2024 187,262
DEPRECIATION
At 1 January 2024 166,551
Charge for year 7,074
At 31 December 2024 173,625
NET BOOK VALUE
At 31 December 2024 13,637
At 31 December 2023 18,359

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 638,601
NET BOOK VALUE
At 31 December 2024 638,601
At 31 December 2023 638,601

The land and buildings are included at cost by the Directors who believe this represents their fair value.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 65,224 82,080
Other debtors 12,948 19,553
78,172 101,633

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 50,219 50,219
Trade creditors 81,763 128,738
Taxation and social security 39,181 45,676
Other creditors 99,801 69,801
270,964 294,434

EASTBOURNE & COUNTRY TAXIS LIMITED (REGISTERED NUMBER: 04062617)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans 167,121 205,965
Other creditors 110,073 116,670
277,194 322,635

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 217,340 256,184

The bank loan is secured against the land and buildings.

10. RELATED PARTY DISCLOSURES

The company is a taxi club association.

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
EASTBOURNE & COUNTRY TAXIS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Eastbourne & Country Taxis Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Eastbourne & Country Taxis Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Eastbourne & Country Taxis Limited and state those matters that we have agreed to state to the Board of Directors of Eastbourne & Country Taxis Limited, as a body, in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Eastbourne & Country Taxis Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Eastbourne & Country Taxis Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Eastbourne & Country Taxis Limited. You consider that Eastbourne & Country Taxis Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Eastbourne & Country Taxis Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ


1 May 2025