Registration number: 13694185

A2B Taxis Norwich Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

A2B Taxis Norwich Limited

Company Information

Directors

Mrs N J Morrison Mr G A Morrison

Registered office

Norwich Airport Terminal Building Amsterdam Way Norwich NR6 6JA

Accountants

Pacific Limited 1st Floor, Woburn House 84 St Benedicts Street Norwich Norfolk NR2 4AB

A2B Taxis Norwich Limited

(Registration number: 13694185)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	498,078	560,993
Tangible assets	5	266,477	175,304
		764,555	736,297
Current assets
Debtors	6	256,133	229,255
Cash at bank and in hand		244,461	254,914
		500,594	484,169
Creditors: Amounts falling due within one year	7	(535,300)	(641,589)
Net current liabilities		(34,706)	(157,420)
Total assets less current liabilities		729,849	578,877
Creditors: Amounts falling due after more than one year	7	(61,449)	(85,442)
Provisions for liabilities		(29,866)	(17,457)
Net assets		638,534	475,978
Capital and reserves
Called up share capital	8	90	90
Profit and loss account		638,444	475,888
Shareholders' funds		638,534	475,978

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 September 2025 and signed on its behalf by:
 

Mrs N J Morrison Director

Mr G A Morrison Director

A2B Taxis Norwich Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Norwich Airport Terminal Building
Amsterdam Way
Norwich
NR6 6JA

2	Accounting policies

Basis of preparation

These financial statements have been prepared using the historical cost convention in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The presentation currency is sterling.

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern
The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

A2B Taxis Norwich Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Depreciation
Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold property improvements	Over the period of the lease
Furniture, fittings and equipment	20% straight line basis
Motor vehicles	20% straight line basis

Goodwill

Purchased goodwill is capitalised and amortised on a straight line basis over its useful economic life of 10 years

Cash
Cash comprises cash on hand and all deposits.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the Profit and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3	Staff numbers

The average number of persons employed by the company during the year was 1 (2023 - 1).

A2B Taxis Norwich Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Intangible assets

	Goodwill  £	Total £
Cost
At 1 January 2024	629,150	629,150
At 31 December 2024	629,150	629,150
Amortisation
At 1 January 2024	68,157	68,157
Amortisation charge	62,915	62,915
At 31 December 2024	131,072	131,072
Carrying amount
At 31 December 2024	498,078	498,078
At 31 December 2023	560,993	560,993

5	Tangible assets

	Leasehold property improvements £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost
At 1 January 2024	16,130	12,761	178,510	207,401
Additions	-	10,475	134,097	144,572
At 31 December 2024	16,130	23,236	312,607	351,973
Depreciation
At 1 January 2024	3,494	1,050	27,553	32,097
Charge for the year	3,226	4,290	45,883	53,399
At 31 December 2024	6,720	5,340	73,436	85,496
Net book value
At 31 December 2024	9,410	17,896	239,171	266,477
At 31 December 2023	12,636	11,711	150,957	175,304

6

Debtors

	2024 £	2023 £
Trade debtors	228,775	208,101
Other debtors	2,175	175
Prepayments	25,183	20,979
	256,133	229,255

A2B Taxis Norwich Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
HP liabilities	58,138	57,360
Trade creditors	108	2,004
Taxation and social security	260,074	291,486
Other loans	203,753	285,824
Accruals	13,227	4,915
	535,300	641,589