City Cabs (Norwich) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10601563

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		57,108		53,221

			57,108		53,221
CURRENT ASSETS
Debtors	5	66,602		76,752
Cash at bank and in hand		35,712		18,474

		102,314		95,226
Creditors: Amounts Falling Due Within One Year	6	(90,412 )		(55,865 )

NET CURRENT ASSETS (LIABILITIES)			11,902		39,361

TOTAL ASSETS LESS CURRENT LIABILITIES			69,010		92,582

Creditors: Amounts Falling Due After More Than One Year	7		(31,734 )		(33,901 )

NET ASSETS			37,276		58,681

CAPITAL AND RESERVES
Called up share capital	8		10		10
Profit and Loss Account			37,266		58,671

SHAREHOLDERS' FUNDS			37,276		58,681

Page 1

Page 2

City Cabs (Norwich) Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Stephen Richard Greening Director	Mr Lloyd Greening Director
21st October 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

City Cabs (Norwich) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10601563 . The registered office is 2 Station Road, Brundall, NR13 5LA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. All income is derived from activities within the UK.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 2)

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 29 February 2024	86,427	2,133	88,560
Additions	24,550	174	24,724
Disposals	(1,800 )	-	(1,800 )

As at 28 February 2025	109,177	2,307	111,484

Depreciation
As at 29 February 2024	33,944	1,395	35,339
Provided during the period	18,809	228	19,037

As at 28 February 2025	52,753	1,623	54,376

Net Book Value
As at 28 February 2025	56,424	684	57,108

As at 29 February 2024	52,483	738	53,221

Page 3

Page 4

City Cabs (Norwich) Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	51,416	44,473
Prepayments and accrued income	7,942	6,006
Directors' loan accounts	7,244	26,273

	66,602	76,752

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2,431	1,559
Bank loans and overdrafts	8,313	4,949
Other loans	9,313	24,884
Corporation tax	14,378	7,387
VAT	25,776	17,086
Directors' loan accounts	30,201	-

	90,412	55,865

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	16,636	13,314
Other loans	15,098	8,840
Directors loan account	-	11,747

	31,734	33,901

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10	10