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Company Registration No. 05550018 (England and Wales)
NEALE'S TAXIS LIMITED Unaudited accounts for the year ended 31 October 2025
NEALE'S TAXIS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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NEALE'S TAXIS LIMITED Company Information for the year ended 31 October 2025
Director
Mr. Abrar Hussain
Company Number
05550018 (England and Wales)
Registered Office
06 Corporation Street High Wycombe Bucks HP13 6TQ England
Accountants
G&S ACCOUNTANTS LIMITED First Floor, Victoria House Victoria Street High Wycombe, Bucks England, United Kingdom HP11 2LU
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NEALE'S TAXIS LIMITED Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,913,775 
2,166,832 
Current assets
Debtors
5
2,774,871 
1,320,000 
Cash at bank and in hand
263,178 
381,257 
3,038,049 
1,701,257 
Creditors: amounts falling due within one year
6
(581,339)
(274,306)
Net current assets
2,456,710 
1,426,951 
Total assets less current liabilities
4,370,485 
3,593,783 
Creditors: amounts falling due after more than one year
7
(1,368,765)
(1,590,847)
Net assets
3,001,720 
2,002,936 
Capital and reserves
Called up share capital
140 
140 
Profit and loss account
3,001,580 
2,002,796 
Shareholders' funds
3,001,720 
2,002,936 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 31 July 2026 and were signed on its behalf by
Mr. Abrar Hussain Director Company Registration No. 05550018
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NEALE'S TAXIS LIMITED Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
NEALE'S TAXIS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05550018. The registered office is 06 Corporation Street, High Wycombe, Bucks, HP13 6TQ, England.
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:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2024
4,322,761 
98 
16,489 
4,339,348 
Additions
237,387 
- 
- 
237,387 
Disposals
(12,000)
- 
- 
(12,000)
At 31 October 2025
4,548,148 
98 
16,489 
4,564,735 
Depreciation
At 1 November 2024
2,157,533 
77 
14,906 
2,172,516 
Charge for the year
478,123 
4 
317 
478,444 
At 31 October 2025
2,635,656 
81 
15,223 
2,650,960 
Net book value
At 31 October 2025
1,912,492 
17 
1,266 
1,913,775 
At 31 October 2024
2,165,228 
21 
1,583 
2,166,832 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
2,774,871 
1,320,000 
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NEALE'S TAXIS LIMITED Notes to the Accounts for the year ended 31 October 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
234,110 
- 
Taxes and social security
347,229 
274,306 
581,339 
274,306 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
25,000 
25,000 
Obligations under finance leases and hire purchase contracts
62,700 
179,782 
Other creditors
1,281,065 
1,281,065 
Loans from directors
- 
105,000 
1,368,765 
1,590,847 
8
Average number of employees
During the year the average number of employees was 17 (2024: 17).
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