1 April 2025 false No description of principal activity Taxfiler 2024.6 06542810 business:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 06542810 2025-03-31 06542810 2025-04-01 2026-03-31 06542810 business:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 06542810 business:FilletedAccounts 2025-04-01 2026-03-31 06542810 2026-03-31 06542810 2025-03-31 06542810 core:WithinOneYear 2026-03-31 06542810 core:WithinOneYear 2025-03-31 06542810 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-03-31 06542810 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 06542810 core:PreviouslyStatedAmount 2026-03-31 06542810 core:PreviouslyStatedAmount 2025-03-31 06542810 business:SmallEntities 2025-04-01 2026-03-31 06542810 business:Director2 2025-04-01 2026-03-31 06542810 countries:EnglandWales 2025-04-01 2026-03-31 06542810 business:RegisteredOffice 2025-04-01 2026-03-31 06542810 core:MotorVehicles 2025-04-01 2026-03-31 06542810 core:MotorVehicles 2025-03-31 06542810 core:MotorVehicles 2026-03-31 06542810 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
BANBURY TAXIS (BANBURY) LIMITED Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
93,854
69,244
Current assets
Debtors
5
354,717
284,241
Cash at bank and in hand
250,728
317,931
605,445
602,172
Creditors: amounts falling due within one year
6
(455,687)
(519,273)
Net current assets
149,758
82,899
Net assets
243,612
152,143
Capital and reserves
Profit and loss account
243,612
152,143
Shareholders' funds
243,612
152,143
For the year ending 31 March 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by
Hayley Margaret McBain-Kincaid Director Company Registration No. 06542810
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BANBURY TAXIS (BANBURY) LIMITED Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
BANBURY TAXIS (BANBURY) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06542810. The registered office is 47 Horsham Close, Banbury, OX16 1XP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Diminishing
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 April 2025
100,993
Additions
60,775
Disposals
(35,800)
At 31 March 2026
125,968
Depreciation
At 1 April 2025
31,749
Charge for the year
17,295
Surplus on revaluation
(16,930)
At 31 March 2026
32,114
Net book value
At 31 March 2026
93,854
At 31 March 2025
69,244
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BANBURY TAXIS (BANBURY) LIMITED Notes to the Accounts for the year ended 31 March 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
354,717
283,191
Other debtors
-
1,050
354,717
284,241
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
52,204
65,274
Trade creditors
7,727
(11,126)
Taxes and social security
117,756
137,122
Other creditors
403
-
Loans from directors
276,447
326,853
Accruals
1,150
1,150
455,687
519,273
7
Average number of employees
During the year the average number of employees was 12 (2025: 12).
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