2023-09-01 2024-08-31 false Capium Accounts Production 1.1 06657553 2023-09-01 2024-08-31 06657553 bus:FullAccounts 2023-09-01 2024-08-31 06657553 bus:FRS102 2023-09-01 2024-08-31 06657553 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 06657553 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06657553 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06657553 2023-09-01 2024-08-31 06657553 2024-08-31 06657553 bus:RegisteredOffice 2023-09-01 2024-08-31 06657553 core:WithinOneYear 2024-08-31 06657553 core:AfterOneYear 2024-08-31 06657553 1 2023-09-01 2024-08-31 06657553 bus:Director1 2023-09-01 2024-08-31 06657553 bus:Director1 2024-08-31 06657553 bus:Director1 2022-09-01 2023-08-31 06657553 bus:Director2 2023-09-01 2024-08-31 06657553 bus:Director2 2024-08-31 06657553 bus:Director2 2022-09-01 2023-08-31 06657553 bus:Director3 2023-09-01 2024-08-31 06657553 bus:Director3 2024-08-31 06657553 bus:Director3 2022-09-01 2023-08-31 06657553 2022-09-01 06657553 bus:LeadAgentIfApplicable 2023-09-01 2024-08-31 06657553 2022-09-01 2023-08-31 06657553 2023-08-31 06657553 core:WithinOneYear 2023-08-31 06657553 core:AfterOneYear 2023-08-31 06657553 bus:EntityAccountantsOrAuditors 2022-09-01 2023-08-31 06657553 core:MotorCars 2023-09-01 2024-08-31 06657553 core:MotorCars 2024-08-31 06657553 core:MotorCars 2023-08-31 06657553 core:FurnitureFittings 2023-09-01 2024-08-31 06657553 core:FurnitureFittings 2024-08-31 06657553 core:FurnitureFittings 2023-08-31 06657553 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-08-31 06657553 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 06657553 core:NetGoodwill 2023-09-01 2024-08-31 06657553 core:NetGoodwill 2024-08-31 06657553 core:NetGoodwill 2023-08-31 06657553 core:CostValuation core:Non-currentFinancialInstruments 2024-08-31 06657553 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 06657553 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-08-31 06657553 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 06657553 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 06657553 core:Non-currentFinancialInstruments 2024-08-31 06657553 core:Non-currentFinancialInstruments 2023-08-31 06657553 core:ShareCapital 2024-08-31 06657553 core:ShareCapital 2023-08-31 06657553 core:RetainedEarningsAccumulatedLosses 2024-08-31 06657553 core:RetainedEarningsAccumulatedLosses 2023-08-31 06657553 dpl:Item1 2023-09-01 06657553 dpl:Item1 2024-08-31 06657553 dpl:Item1 2022-09-01 06657553 dpl:Item1 2023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 06657553
England and Wales

 

 

 

FIVE STAR TAXIS AND MINIBUSES LTD



Unaudited Financial Statements
 


Period of accounts

Start date: 01 September 2023

End date: 31 August 2024
Directors Mr Abdul Qayyum
Mrs Kaneez Begum
Mr Amar Qayyum
Registered Number 06657553
Registered Office Taxi House Portersfield
Dudley
DY2 7AT
Accountants Marneros Marcus & Co Limited
First Floor Hagley Court
40 Vicarage Road Edgbaston
Birmingham
B153EZ
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Intangible fixed assets 3 41,000    41,000 
Tangible fixed assets 4 49,089    59,815 
90,089    100,815 
Current assets      
Debtors 5 90,316    185,924 
Cash at bank and in hand (6,714)   35,761 
83,602    221,685 
Creditors: amount falling due within one year 6 (59,492)   (204,583)
Net current assets 24,110    17,102 
 
Total assets less current liabilities 114,199    117,917 
Creditors: amount falling due after more than one year 7 (9,705)   (7,091)
Accruals and deferred income   (5,598)
Net assets 104,494    105,228 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 104,394    105,128 
Shareholders' funds 104,494    105,228 
 


For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 28 May 2025 and were signed on its behalf by:


-------------------------------
Mr Abdul Qayyum
Director
2
General Information
Five Star Taxis And Minibuses Ltd is a private company, limited by shares, registered in England and Wales, registration number 06657553, registration address Taxi House Portersfield, Dudley, DY2 7AT.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 20% Reducing Balance
Fixtures and Fittings 10% Reducing Balance
2.

Average number of employees

Average number of employees during the year was 18 (2023 : 22).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 September 2023 41,000    41,000 
Additions  
Disposals  
At 31 August 2024 41,000    41,000 
Net book values
At 31 August 2024 41,000    41,000 
At 31 August 2023 41,000    41,000 


4.

Tangible fixed assets

Cost or valuation Motor Vehicles   Fixtures and Fittings   Total
  £   £   £
At 01 September 2023 116,600    17,856    134,456 
Additions    
Disposals    
At 31 August 2024 116,600    17,856    134,456 
Depreciation
At 01 September 2023 69,154    5,487    74,641 
Charge for year 9,489    1,237    10,726 
On disposals    
At 31 August 2024 78,643    6,724    85,367 
Net book values
Closing balance as at 31 August 2024 37,957    11,132    49,089 
Opening balance as at 01 September 2023 47,446    12,369    59,815 


5.

Debtors: amounts falling due within one year

2024
£
  2023
£
Prepayments & Accrued Income   7,671 
Other Debtors 9,705   
Directors' Current Accounts 80,611    171,055 
90,316    178,726 

5.

Debtors: amounts falling due after one year

2024
£
  2023
£
Other Debtors   7,198 
  7,198 

6.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 10,494    24,629 
Corporation Tax 21,519    32,138 
PAYE & Social Security 21,426    13,797 
Other Creditors (112,676)   14,250 
VAT 118,729    119,769 
59,492    204,583 

7.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Other Creditors 9,705   
Obligations Under HP/Financial Leases   7,091 
9,705    7,091 

3