REGISTERED NUMBER: 01799057 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

NORTON TAXI SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr MD Norton

Mr MR Norton

Ms T Whitehead

REGISTERED OFFICE:

79/81 Main Street

South Croxton

Leicester

Leicestershire

LE7 3RL

REGISTERED NUMBER:

01799057 (England and Wales)

BANKERS:

Barclays Bank Plc

2 Bishop Meadow Road

Loughborough

LE11 5RE

FIXED ASSETS

Tangible assets

4

35,928

44,158

CURRENT ASSETS

Debtors

5

77,529

91,144

Cash at bank and in hand

203,978

212,613

281,507

303,757

CREDITORS

Amounts falling due within one year

6

148,099

139,630

NET CURRENT ASSETS

133,408

164,127

TOTAL ASSETS LESS CURRENT LIABILITIES

169,336

208,285

PROVISIONS FOR LIABILITIES

6,477

8,279

NET ASSETS

162,859

200,006

CAPITAL AND RESERVES

Called up share capital

91

91

Capital redemption reserve

15

15

Retained earnings

162,753

199,900

SHAREHOLDERS' FUNDS

162,859

200,006

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 6 August 2026 and were signed on its behalf by:

Mr MD Norton - Director

1.	STATUTORY INFORMATION

Norton Taxi Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2025 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

621,859

170,252

792,111

Additions

332

-

332

Disposals

-

(78,950

)

(78,950

)

At 31 March 2026

622,191

91,302

713,493

DEPRECIATION

At 1 April 2025

587,034

160,919

747,953

Charge for year

5,269

2,013

7,282

Eliminated on disposal

-

(77,670

)

(77,670

)

At 31 March 2026

592,303

85,262

677,565

NET BOOK VALUE

At 31 March 2026

29,888

6,040

35,928

At 31 March 2025

34,825

9,333

44,158

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

66,916

77,815

Other debtors

10,613

13,329

77,529

91,144

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

13,031

11,930

Taxation and social security

26,271

15,069

Other creditors

108,797

112,631

148,099

139,630

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr MD Norton.