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REGISTERED NUMBER: 02802320 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Miracle Taxis Limited

Miracle Taxis Limited (Registered number: 02802320)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Miracle Taxis Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: J C Purvis





SECRETARY: Mrs S O'Conner





REGISTERED OFFICE: Unit 10
The Portman Centre
Loverock Road
Reading
Berkshire
RG30 1DZ





REGISTERED NUMBER: 02802320 (England and Wales)





ACCOUNTANTS: J A Lawrence
20 Garth Square
Bracknell
Berkshire
RG42 2HA

Miracle Taxis Limited (Registered number: 02802320)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 11,705
Tangible assets 5 204,843 193,567
204,843 205,272

CURRENT ASSETS
Debtors 6 51,648 55,702
Investments 7 1,409 1,409
Cash at bank 245,859 356,952
298,916 414,063
CREDITORS
Amounts falling due within one year 8 59,668 78,874
NET CURRENT ASSETS 239,248 335,189
TOTAL ASSETS LESS CURRENT
LIABILITIES

444,091

540,461

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 444,089 540,459
SHAREHOLDERS' FUNDS 444,091 540,461

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Miracle Taxis Limited (Registered number: 02802320)

Balance Sheet - continued
31 March 2025


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 and authorised for issue by the director and authorised for issue on 23 July 2025 and were signed by:





J C Purvis - Director


Miracle Taxis Limited (Registered number: 02802320)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Miracle 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.

Turnover
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Goodwill
Goodwill is being amortised over 10 years.

Intangible assets
Leasehold is being amortised over 100 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance and Straight line over 10 years
Motor vehicles - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

Miracle Taxis Limited (Registered number: 02802320)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 117,050
AMORTISATION
At 1 April 2024 105,345
Charge for year 11,705
At 31 March 2025 117,050
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 11,705

5. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor
leasehold fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2024 122,933 75,671 154,024 352,628
Additions - 1,745 42,176 43,921
At 31 March 2025 122,933 77,416 196,200 396,549
DEPRECIATION
At 1 April 2024 11,061 68,166 79,834 159,061
Charge for year 1,229 2,320 29,096 32,645
At 31 March 2025 12,290 70,486 108,930 191,706
NET BOOK VALUE
At 31 March 2025 110,643 6,930 87,270 204,843
At 31 March 2024 111,872 7,505 74,190 193,567

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 20,025 27,993
Other debtors 31,623 27,709
51,648 55,702

Miracle Taxis Limited (Registered number: 02802320)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CURRENT ASSET INVESTMENTS
31.3.25 31.3.24
£    £   
Unlisted investments 1,409 1,409

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Taxation and social security 6,007 11,888
Other creditors 53,661 66,986
59,668 78,874

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £100,000 were paid to the director .

At 31 March 2025 Mr J Purvis, the company director, was owed by the company £4351 (2024: £201).

.

10. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr J C Purvis who is the only director and shareholder of the company.

Miracle Taxis Limited

Report of the Accountants to the Director of
Miracle Taxis Limited

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






J A Lawrence
20 Garth Square
Bracknell
Berkshire
RG42 2HA


23 July 2025