Company Registration No. 07066971 (England and Wales)
Pank Taxis Limited
Unaudited accounts
for the year ended 30 November 2024
Pank Taxis Limited
Unaudited accounts
Contents
Pank Taxis Limited
Company Information
for the year ended 30 November 2024
Company Number
07066971 (England and Wales)
Registered Office
19 Cambridge Drive
Potters Bar
Herts
EN6 3ET
United Kingdom
Accountants
Charterwells
Suite 8, 2nd Floor
43-45 High Road
Bushey Heath
WD23 1EE
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Pank Taxis Limited for the year ended 30 November 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Pank Taxis Limited for the year ended
30 November 2024 as set out on pages
5 -
7 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 at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Pank Taxis Limited, as a body, in accordance with the terms of our engagement letter dated 27 August 2020. Our work has been undertaken solely to prepare for your approval the accounts of Pank Taxis Limited and state those matters that we have agreed to state to the Board of Directors of Pank Taxis Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pank Taxis Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Pank Taxis Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Pank Taxis Limited. You consider that Pank 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 accounts of Pank 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 accounts.
Charterwells
Chartered Accountants
Suite 8, 2nd Floor
43-45 High Road
Bushey Heath
WD23 1EE
6 August 2025
Pank Taxis Limited
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
12,762
16,071
Creditors: amounts falling due within one year
(12,926)
(4,982)
Net current (liabilities)/assets
(164)
11,742
Net (liabilities)/assets
(164)
11,742
Called up share capital
1
1
Profit and loss account
(165)
11,741
Shareholders' funds
(164)
11,742
For the year ending 30 November 2024 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 6 August 2025 and were signed on its behalf by
P Pank
Director
Company Registration No. 07066971
Pank Taxis Limited
Notes to the Accounts
for the year ended 30 November 2024
Pank Taxis Limited is a private company, limited by shares, registered in England and Wales, registration number 07066971. The registered office is 19 Cambridge Drive, Potters Bar, Herts, EN6 3ET, United Kingdom.
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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received. 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. At the accounting date the assets have been fully depreciated.
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Pank Taxis Limited
Notes to the Accounts
for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
2,257
Other creditors
12,566
2,245
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).