Brighton And Hove Radio Cabs Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—8

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Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 02474818

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		19,199		16,063
Investments	6		10,248		10,248

			29,447		26,311
CURRENT ASSETS
Debtors	7	1,618,013		1,875,849
Cash at bank and in hand		559,829		467,014

		2,177,842		2,342,863
Creditors: Amounts Falling Due Within One Year	8	(352,779 )		(326,871 )

NET CURRENT ASSETS (LIABILITIES)			1,825,063		2,015,992

TOTAL ASSETS LESS CURRENT LIABILITIES			1,854,510		2,042,303

Creditors: Amounts Falling Due After More Than One Year	9		(20,833 )		(70,833 )

NET ASSETS			1,833,677		1,971,470

CAPITAL AND RESERVES
Called up share capital	10		4		4
Profit and Loss Account			1,833,673		1,971,466

SHAREHOLDERS' FUNDS			1,833,677		1,971,470

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Brighton And Hove Radio Cabs Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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.

The financial statements were approved by the board of directors on 3 December 2025 and were signed on its behalf by:

Mr A M Beale Director	Mr T I Breslin Director
03/12/2025

The notes on pages 4 to 8 form part of these financial statements.

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Brighton And Hove Radio Cabs Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Brighton and Hove Radio Cabs Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 Queen Square, London, WC1N 3AR. The principal place of business is 19 Victoria Road, Portslade, East Sussex, BN41 1XP

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

2.4. 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:

Plant & Machinery	15% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	10% on reducing balance
Computer Equipment	20% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2.5. Leasing and Hire Purchase Contracts

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

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Brighton And Hove Radio Cabs Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2.8. Pensions

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

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Brighton And Hove Radio Cabs Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.9. Government Grant

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

2.10. Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

2.11. Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2.12. Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a longterm interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 26 (2024: 32)

4. Prior Period Adjustment

The accounts were restated in the comparitive year to reflect an understatement of revenue in the prior period. The change resulted in a net increase, after corporation tax, to retained earnings of £66,509.

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Brighton And Hove Radio Cabs Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	12,500	32,818	10,807	6,652	62,777
Additions	-	8,000	-	-	8,000

As at 31 March 2025	12,500	40,818	10,807	6,652	70,777

Depreciation
As at 1 April 2024	9,094	22,794	9,050	5,776	46,714
Provided during the period	511	3,673	176	504	4,864

As at 31 March 2025	9,605	26,467	9,226	6,280	51,578

Net Book Value
As at 31 March 2025	2,895	14,351	1,581	372	19,199

As at 1 April 2024	3,406	10,024	1,757	876	16,063

6. Investments

	Unlisted
	£
Cost
As at 1 April 2024	10,248

As at 31 March 2025	10,248

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	10,248

As at 1 April 2024	10,248

The company holds 100% of the shares in both the dormant companies of Brighton Taxis Limited and 414141-204060 Carcabs Limited.

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Brighton And Hove Radio Cabs Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	311,784	243,536
Prepayments and accrued income	3,107	2,846
Amounts owed by other participating interests	2	2

	314,893	246,384
Due after more than one year
Amounts owed by group undertakings	1,303,120	1,629,465

	1,618,013	1,875,849

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	20,298	19,806
Bank loans and overdrafts	50,000	50,000
Corporation tax	119,341	155,434
PAYE control account	6,851	5,969
VAT	30,779	27,895
Net wages	28,342	28,578
Sundry creditors	96,440	34,807
Other creditors.	-	1,914
Accruals and deferred income	728	2,468

	352,779	326,871

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

	2025	2024
	£	£
Bank loans	20,833	70,833

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4	4

11. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Brighton and Hove Radio Cabs Holdings Limited. The ultimate controlling party is Brighton and Hove Radio Cabs Holdings Limited who controls 100% of the shares.

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Directors	Mr A M Beale
	Mr T I Breslin
	Mrs L J Breslin

Company Number	02474818

Registered Office	3 Queen Square
	London
	WC1N 3AR

Accountants	Harpers Accountancy LLP
	PO Box 293
	Lewes
	BN7 9PG