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REGISTERED NUMBER: 01753609 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

FLEETWOOD CAB COMPANY LIMITED

FLEETWOOD CAB COMPANY LIMITED (REGISTERED NUMBER: 01753609)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FLEETWOOD CAB COMPANY LIMITED

COMPANY INFORMATION
for the Year Ended 31 October 2024







DIRECTORS: Mr P Howarth
Mr S P Croston
Mr M Deery
Mr P Stead
Mr L Jones





REGISTERED OFFICE: 3 London Street
Fleetwood
Lancashire
FY7 6JE





REGISTERED NUMBER: 01753609 (England and Wales)





ACCOUNTANTS: ma2 (Blackpool) Limited
288 Church Street
Blackpool
Lancashire
FY1 3QA

FLEETWOOD CAB COMPANY LIMITED (REGISTERED NUMBER: 01753609)

BALANCE SHEET
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 32,596 33,680
Investments 6 100 100
Investment property 7 100,000 100,000
132,696 133,780

CURRENT ASSETS
Debtors 8 1,158 3,456
Cash at bank and in hand 175,836 153,387
176,994 156,843
CREDITORS
Amounts falling due within one year 9 15,775 14,239
NET CURRENT ASSETS 161,219 142,604
TOTAL ASSETS LESS CURRENT
LIABILITIES

293,915

276,384

CAPITAL AND RESERVES
Called up share capital 10 56 56
Share premium 11 78,616 78,616
Revaluation reserve 11 4,471 4,471
Retained earnings 11 210,772 193,241
SHAREHOLDERS' FUNDS 293,915 276,384

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

FLEETWOOD CAB COMPANY LIMITED (REGISTERED NUMBER: 01753609)

BALANCE SHEET - continued
31 October 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 20 December 2024 and were signed on its behalf by:





Mr P Howarth - Director


FLEETWOOD CAB COMPANY LIMITED (REGISTERED NUMBER: 01753609)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024


1. STATUTORY INFORMATION

Fleetwood Cab Company 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1997 has now been amortised to zero.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

Depreciation is not charged on freehold buildings. In the opinion of the directors the residual value of the property is so high and the useful economic life so long that any depreciation is wholly immaterial.

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.

No depreciation is provided on investment properties which is a departure from the requirements of the Companies Act 2006. In the opinion of the directors these properties are held primarily for their investment potential and so their current value is of more significance than any measure of consumption and to depreciate them would not give a true and fair view.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


FLEETWOOD CAB COMPANY LIMITED (REGISTERED NUMBER: 01753609)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 9 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 38,136
AMORTISATION
At 1 November 2023
and 31 October 2024 38,136
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

FLEETWOOD CAB COMPANY LIMITED (REGISTERED NUMBER: 01753609)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 November 2023
and 31 October 2024 26,453 32,458 103,012 161,923
DEPRECIATION
At 1 November 2023 - 30,731 97,512 128,243
Charge for year - 259 825 1,084
At 31 October 2024 - 30,990 98,337 129,327
NET BOOK VALUE
At 31 October 2024 26,453 1,468 4,675 32,596
At 31 October 2023 26,453 1,727 5,500 33,680

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 November 2023
and 31 October 2024 100
NET BOOK VALUE
At 31 October 2024 100
At 31 October 2023 100

The company's investment at the balance sheet date relates to a 100% holding of the issued Ordinary Share Capital of Wyre Taxis Limited, currently a dormant company with aggregate reserves of £100.

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 100,000
NET BOOK VALUE
At 31 October 2024 100,000
At 31 October 2023 100,000

The investment properties have not been revalued in the year, as the directors consider that there is no significant difference between previous cost or revaluations and the market values as at the year end.

FLEETWOOD CAB COMPANY LIMITED (REGISTERED NUMBER: 01753609)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024


8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 1,158 3,169
Other debtors - 62
Prepayments - 225
1,158 3,456

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Tax 3,164 1,971
Social security and other taxes 2,210 1,642
VAT 8,562 8,762
Accrued expenses 1,839 1,864
15,775 14,239

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
56 Ordinary £1 56 56

11. RESERVES
Retained Share Revaluation
earnings premium reserve Totals
£    £    £    £   

At 1 November 2023 193,241 78,616 4,471 276,328
Profit for the year 17,531 17,531
At 31 October 2024 210,772 78,616 4,471 293,859