Cathedral Cabs Ltd

Cathedral Cabs Ltd
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Cathedral Cabs Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	38,325	51,426
		38,325	51,426
Current assets
Debtors		49,467	40,588
Cash at bank and in hand		2,408	4,465
		51,875	45,053
Creditors: amount falling due within one year		(36,184)	(24,911)
Net current assets		15,691	20,142

Total assets less current liabilities		54,016	71,568
Creditors: amount falling due after more than one year		(53,214)	(70,770)
Net assets		802	798

Capital and reserves
Called up share capital		100	100
Profit and loss account		702	698
Shareholders' funds		802	798

For the year ended 31 March 2025 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 18 September 2025 and were signed on its behalf by:

-------------------------------
D Scott
Director

1

Cathedral Cabs Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Cathedral Cabs Ltd is a private company, limited by shares, registered in England and Wales, registration number 07934151, registration address Unit 3 Hill Farm, Kirby Road, Kirby Bedon, Norwich, Norfolk, NR14 7DU. The trading address of the company is 34 Thomas Vere Road, Norwich, Norfolk, NR7 0XT.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	20% Straight Line

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£
At 01 April 2024	136,438	2,450	138,888
Additions	-	-	-
Disposals	-	-	-
At 31 March 2025	136,438	2,450	138,888
Depreciation
At 01 April 2024	85,992	1,470	87,462
Charge for year	12,611	490	13,101
On disposals	-	-	-
At 31 March 2025	98,603	1,960	100,563
Net book values
Closing balance as at 31 March 2025	37,835	490	38,325
Opening balance as at 01 April 2024	50,446	980	51,426

2

Registered Number: 07934151
England and Wales
CATHEDRAL CABS LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025