Registered number
10571631
DJ TAXIS SCUNTHORPE LTD
Filleted Accounts
31 January 2025
DJ TAXIS SCUNTHORPE LTD
Registered number: 10571631
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Intangible assets 3 9,500 -
Tangible assets 4 53,785 47,805
63,285 47,805
Current assets
Debtors 5 - 58,175
Cash at bank and in hand 82,247 12,587
82,247 70,762
Creditors: amounts falling due within one year 6 (97,911) (70,175)
Net current (liabilities)/assets (15,664) 587
Total assets less current liabilities 47,621 48,392
Creditors: amounts falling due after more than one year 7 (8,049) (14,071)
Net assets 39,572 34,321
Capital and reserves
Called up share capital 1 1
Profit and loss account 39,571 34,320
Shareholders' funds 39,572 34,321
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Saqlain Hussain
Director
Approved by the board on 31 October 2025
DJ TAXIS SCUNTHORPE LTD
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles 15% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 16 16
3 Intangible fixed assets £
Goodwill:
Cost
Additions 9,500
At 31 January 2025 9,500
Amortisation
At 31 January 2025 -
Net book value
At 31 January 2025 9,500
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4 Tangible fixed assets
Motor vehicles
£
Cost
At 1 February 2024 72,564
Additions 15,471
At 31 January 2025 88,035
Depreciation
At 1 February 2024 24,759
Charge for the year 9,491
At 31 January 2025 34,250
Net book value
At 31 January 2025 53,785
At 31 January 2024 47,805
5 Debtors 2025 2024
£ £
Trade debtors - 42,619
Other debtors - 15,556
- 58,175
6 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 13,374 14,078
Taxation and social security costs 73,320 47,521
Other creditors 11,217 8,576
97,911 70,175
7 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 8,049 14,071
8 Controlling party
The company is controlled by the director who owns 100% of the called up share capital.
9 Other information
DJ TAXIS SCUNTHORPE LTD is a private company limited by shares and incorporated in England. Its registered office is:
2 Woodland View
Scunthorpe
DN15 8BA
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