P&T Cabs Ltd - Accounts

P&T Cabs Ltd
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	113,391	151,187
		113,391	151,187
Current assets
Cash at bank and in hand		75,769	78,261
Creditors: amount falling due within one year	4	(316,274)	(358,513)
Net current assets		(240,505)	(280,252)

Total assets less current liabilities		(127,114)	(129,065)
Provisions for liabilities	5	(13,223)	(13,223)
Net assets		(140,337)	(142,288)

Capital and reserves
Called up share capital	6	100	100
Profit and loss account		(140,437)	(142,388)
Shareholders' funds		(140,337)	(142,288)

For the year ended 31 August 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 financial statements were approved by the board of directors on 25 May 2026 and were signed on its behalf by:

-------------------------------
Paul Anthony Swift
Director

P&T Cabs Ltd
Notes to the Financial Statements
For the year ended 31 August 2025

General Information

P&T Cabs Ltd is a private company, limited by shares, registered in England and Wales, registration number 12148446, registration address Penny Lane Business Centre, 374 Smithdown Road, Liverpool, Merseyside, L15 5AN.

The presentation currency is £ sterling.

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

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£	£
At 01 September 2024	120,000	285,255	1,405	406,660
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 August 2025	120,000	285,255	1,405	406,660
Depreciation
At 01 September 2024	82,031	172,827	615	255,473
Charge for year	9,492	28,107	197	37,796
On disposals	-	-	-	-
At 31 August 2025	91,523	200,934	812	293,269
Net book values
Closing balance as at 31 August 2025	28,477	84,321	593	113,391
Opening balance as at 01 September 2024	37,969	112,428	790	151,187

Creditors: amount falling due within one year

	2025 £		2024 £
Directors' Current Accounts	316,274		358,513
	316,274		358,513

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	13,223		13,223
	13,223		13,223

Share Capital

Authorised
50 A Ordinary shares of £1.00 each
50 B Ordinary shares of £1.00 each

Allotted, called up and fully paid	2025 £	2024 £
50 A Ordinary shares of £1.00 each	50	50
50 B Ordinary shares of £1.00 each	50	50
	100	100

Registered Number: 12148446
England and Wales
Filleted Accounts

for the year ended 31 August 2025
for
P&T CABS LTD