EV CAB COMPANY LIMITED


Director	RAHIM, Ibrar


Registered Address	Unit 6 Quebec Wharf
	14 Thomas Road
	London
	E14 7AF


Place of Business	Midland Arches 1 & 2
	Edgware Road
	Cricklewood
	London
	NW2 6NJ


Registered Number	15901583 (England and Wales)

Statement of Financial Position
31 August 2025

	Notes	2025
		£	£
Fixed assets
Intangible assets	3		80,000
Tangible assets	4		4,988,507
			5,068,507
Current assets
Debtors		342,299
Cash at bank and on hand		140,907
		483,206
Creditors amounts falling due within one year	5	(1,899,318)
Net current assets (liabilities)			(1,416,112)
Total assets less current liabilities			3,652,395
Creditors amounts falling due after one year	6		(3,685,462)
Net assets			(33,067)
Capital and reserves
Called up share capital			1
Profit and loss account			(33,068)
Shareholders' funds			(33,067)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 17 June 2026, and are signed on its behalf by:

RAHIM, Ibrar
Director
Registered Company No. 15901583

EV CAB COMPANY LIMITED

Notes to the Financial Statements
for the period ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	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.

	Goodwill
	Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be five years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	20
	Fixtures and fittings	20
	Vehicles	10
	Office Equipment	20

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025
	Average number of employees during the year	7

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
Additions	100,000	100,000
At 31 August 25	100,000	100,000
Amortisation and impairment
Charge for year	20,000	20,000
At 31 August 25	20,000	20,000
Net book value
At 31 August 25	80,000	80,000
At 15 August 24	-	-

4.	Tangible fixed assets

	Vehicles	Fixtures & fittings	Total
	£	£	£
Cost or valuation
Additions	5,550,148	26,406	5,576,554
At 31 August 25	5,550,148	26,406	5,576,554
Depreciation and impairment
Charge for year	582,766	5,281	588,047
At 31 August 25	582,766	5,281	588,047
Net book value
At 31 August 25	4,967,382	21,125	4,988,507
At 15 August 24	-	-	-

5.	Creditors: amounts due within one year

		2025
		£
	Trade creditors / trade payables	180,348
	Taxation and social security	57,820
	Finance lease and HP contracts	1,355,950
	Other creditors	305,200
	Total	1,899,318


	Other creditors due within one year comprises £305,200 owed by the company to Mr Ibrar Rahim, the director.

6.	Creditors: amounts due after one year

		2025
		£
	Trade creditors / trade payables	348,755
	Other creditors	3,336,707
	Total	3,685,462


	Other creditors due after one year comprises obligations under finance leases and HP creditors totalling £3,336,707.