Company Registration No. 04656776 (England and Wales)
PJ Cabs Limited
Unaudited accounts
for the year ended 31 March 2025
PJ Cabs Limited
Unaudited accounts
Contents
PJ Cabs Limited
Company Information
for the year ended 31 March 2025
Company Number
04656776 (England and Wales)
Registered Office
Unit 25 Falcon Gate Business Park
Dean Road
Yate
Bristol
BS37 5NH
UK
Accountants
Evans Entwistle
Office 12a
Equinox South, Great Park Road
Bradley Stoke
Bristol
BS32 4QL
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
PJ Cabs Limited
for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PJ Cabs Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
Office 12a
Equinox South, Great Park Road
Bradley Stoke
Bristol
BS32 4QL
12 July 2025
PJ Cabs Limited
Statement of financial position
as at 31 March 2025
Tangible assets
80,376
103,413
Cash at bank and in hand
41,773
52,468
Creditors: amounts falling due within one year
(62,096)
(55,651)
Net current assets
44,105
59,861
Total assets less current liabilities
124,481
163,274
Creditors: amounts falling due after more than one year
(103,978)
(133,263)
Called up share capital
2
2
Profit and loss account
20,501
30,009
Shareholders' funds
20,503
30,011
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 July 2025 and were signed on its behalf by
Paul Andrew Venn
Director
Company Registration No. 04656776
PJ Cabs Limited
Notes to the Accounts
for the year ended 31 March 2025
PJ Cabs Limited is a private company, limited by shares, registered in England and Wales, registration number 04656776. The registered office is Unit 25 Falcon Gate Business Park, Dean Road, Yate, Bristol, BS37 5NH, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
2 years straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
PJ Cabs Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
196,689
10,831
37,236
244,756
Disposals
(8,500)
-
-
(8,500)
At 31 March 2025
188,189
10,831
38,734
237,754
At 1 April 2024
96,551
8,621
36,171
141,343
Charge for the year
19,662
442
1,317
21,421
On disposals
(5,386)
-
-
(5,386)
At 31 March 2025
110,827
9,063
37,488
157,378
At 31 March 2025
77,362
1,768
1,246
80,376
At 31 March 2024
100,138
2,210
1,065
103,413
Amounts falling due within one year
Deferred tax asset
17,627
21,019
Accrued income and prepayments
46,801
42,025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,048
15,393
Obligations under finance leases and hire purchase contracts
13,028
6,763
Trade creditors
6,765
5,503
Taxes and social security
10,021
5,678
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
13,028
Loans from directors
93,962
100,171
PJ Cabs Limited
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 10 (2024: 10).