Registration number: 06202716

Brighton & Hove Streamline Taxis Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 11

Brighton & Hove Streamline Taxis Limited

Company Information

Chairman

Mr A G Mechaeil

Directors

Mr J C Howell Mr P A Anscombe Mr A A Knight Mr J R Cheeseman

Registered office

5 Clifton Hill Brighton East Sussex BN1 3HL

Accountants

Durston Gibb 1 Blatchington Road Hove East Sussex BN3 3YP

Brighton & Hove Streamline Taxis Limited

(Registration number: 06202716)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,089,606	723,912
Investments	5	3,286	3,286
Other financial assets	6	16,000	20,000
		1,108,892	747,198
Current assets
Debtors	7	1,581	8,045
Cash at bank and in hand		17,253	270
		18,834	8,315
Creditors: Amounts falling due within one year	8	(593,063)	(191,617)
Net current liabilities		(574,229)	(183,302)
Total assets less current liabilities		534,663	563,896
Creditors: Amounts falling due after more than one year	8	(242,530)	(261,832)
Net assets		292,133	302,064
Reserves
Revaluation reserve		6,500	10,500
Retained earnings		285,633	291,564
Surplus		292,133	302,064

For the financial year ending 31 October 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Brighton & Hove Streamline Taxis Limited

(Registration number: 06202716)
Balance Sheet as at 31 October 2025

Approved and authorised by the Board on 8 April 2026 and signed on its behalf by:
 

.........................................

Mr J C Howell
Director

Brighton & Hove Streamline Taxis Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £10 towards the assets of the company in the event of liquidation.

The address of its registered office is:
5 Clifton Hill
Brighton
East Sussex
BN1 3HL

These financial statements were authorised for issue by the Board on 8 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration receivable for the letting of the freehold property in the ordinary course of the company’s activities. The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Brighton & Hove Streamline Taxis Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Asset class	Depreciation method and rate
Freehold land and buildings	2% on cost

Investments

Interests in subsidiaries 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 surplus or deficit. 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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for property letting performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

Brighton & Hove Streamline Taxis Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 November 2024	914,347	914,347
Additions	384,905	384,905
At 31 October 2025	1,299,252	1,299,252
Depreciation
At 1 November 2024	190,435	190,435
Charge for the year	19,211	19,211
At 31 October 2025	209,646	209,646
Carrying amount
At 31 October 2025	1,089,606	1,089,606
At 31 October 2024	723,912	723,912

Included within the net book value of land and buildings above is £1,089,606 (2024 - £723,912) in respect of freehold land and buildings.
 

5	Investments

	2025 £	2024 £
Investments in subsidiaries	3,286	3,286