GEORGE GAWITH (TAXIS) LIMITED

Company Registration Number:
01306502 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

GEORGE GAWITH (TAXIS) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

GEORGE GAWITH (TAXIS) LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 11,587 14,737
Tangible assets: 4 67,780 101,921
Total fixed assets: 79,367 116,658
Current assets
Stocks: 38,129 40,346
Debtors: 5 1,151,211 1,149,163
Cash at bank and in hand: 32,569 184,184
Total current assets: 1,221,909 1,373,693
Creditors: amounts falling due within one year:   (399,497) (437,258)
Net current assets (liabilities): 822,412 936,435
Total assets less current liabilities: 901,779 1,053,093
Creditors: amounts falling due after more than one year: 6 (10,506) (20,752)
Total net assets (liabilities): 891,273 1,032,341
Capital and reserves
Called up share capital: 131,249 131,249
Profit and loss account: 760,024 901,092
Shareholders funds: 891,273 1,032,341

The notes form part of these financial statements

GEORGE GAWITH (TAXIS) LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 August 2025
and signed on behalf of the board by:

Name: R W Gawith
Status: Director

The notes form part of these financial statements

GEORGE GAWITH (TAXIS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents net invoiced sales of goods and services excluding VAT.

Tangible fixed assets and depreciation policy

Depreciation is provided at various annual rates in order to write off each asset over its estimated useful life. Plant and machinery variable rates; fixtures and fittings 20%; motor vehicles 25%. All reducing balance method.

Intangible fixed assets and amortisation policy

Licences are measured at cost then amortised evenly over 10 years.

Other accounting policies

Stock is valued at the lower of cost and net realisable value.

GEORGE GAWITH (TAXIS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 2 4

GEORGE GAWITH (TAXIS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible Assets

Total
Cost £
At 01 April 2024 320,056
Disposals (44,524)
At 31 March 2025 275,532
Amortisation
At 01 April 2024 305,319
Charge for year 2,850
On disposals (44,224)
At 31 March 2025 263,945
Net book value
At 31 March 2025 11,587
At 31 March 2024 14,737

GEORGE GAWITH (TAXIS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
At 01 April 2024 1,018,366
Additions 1,000
Disposals (179,661)
At 31 March 2025 839,705
Depreciation
At 01 April 2024 916,445
Charge for year 24,065
On disposals (168,585)
At 31 March 2025 771,925
Net book value
At 31 March 2025 67,780
At 31 March 2024 101,921

GEORGE GAWITH (TAXIS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Debtors

2025 2024
££
Debtors due after more than one year: 909,466 953,430

Amounts receivable on finance and loan agreements.

GEORGE GAWITH (TAXIS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due after more than one year note

This relates to a bank loan.

GEORGE GAWITH (TAXIS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Related party transactions

Name of the related party: R W Gawith
Relationship:
Director
Description of the Transaction: Balance owed to director on current account
£
Balance at 01 April 2024 7,966
Balance at 31 March 2025 11,157