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Registered number: 02360504
Poole Radio Cabs Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 02360504
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 48,529 111,471
Tangible Assets 5 737,678 799,539
Investments 6 50 146,190
786,257 1,057,200
CURRENT ASSETS
Debtors 7 676,781 782,530
Cash at bank and in hand 27,526 56,027
704,307 838,557
Creditors: Amounts Falling Due Within One Year 8 (629,268 ) (737,669 )
NET CURRENT ASSETS (LIABILITIES) 75,039 100,888
TOTAL ASSETS LESS CURRENT LIABILITIES 861,296 1,158,088
Creditors: Amounts Falling Due After More Than One Year 9 (116,669 ) (129,465 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (12,173 ) (37,292 )
NET ASSETS 732,454 991,331
CAPITAL AND RESERVES
Called up share capital 11 2,300 2,300
Share premium account 78,400 78,400
Capital redemption reserve 14,716 14,716
Fair value reserve 134,941 153,691
Profit and Loss Account 502,097 742,224
SHAREHOLDERS' FUNDS 732,454 991,331
Page 1
Page 2
For the year ending 31 December 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gary White
Director
5 August 2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Poole Radio Cabs Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02360504 . The registered office is Unit 3 Vista Place, Coy Pond Business Park, Ingworth Road, Poole, Dorset, BH12 1JY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These financial statements are presented in pound sterling which is the functional currency of the company.
2.2. Turnover
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible fixed assets are software development and is measured at cost less accumulated amortisation. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% straight line
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.6. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.7. Financial Instruments
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.10. Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value can not be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 22 (2024: 24)
22 24
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 January 2025 105,000 344,429 449,429
As at 31 December 2025 105,000 344,429 449,429
Amortisation
As at 1 January 2025 105,000 232,958 337,958
Provided during the period - 62,942 62,942
As at 31 December 2025 105,000 295,900 400,900
Net Book Value
As at 31 December 2025 - 48,529 48,529
As at 1 January 2025 - 111,471 111,471
Page 4
Page 5
5. Tangible Assets
Land & Property
Freehold Investment Properties Plant & Machinery Motor Vehicles
£ £ £ £
Cost or Valuation
As at 1 January 2025 352,735 450,000 219,024 55,932
Additions - - - -
Disposals - - - (55,932 )
Revaluation - (25,000 ) - -
As at 31 December 2025 352,735 425,000 219,024 -
Depreciation
As at 1 January 2025 52,999 - 211,951 30,347
Provided during the period 7,055 - 1,767 -
Disposals - - - (30,347 )
As at 31 December 2025 60,054 - 213,718 -
Net Book Value
As at 31 December 2025 292,681 425,000 5,306 -
As at 1 January 2025 299,736 450,000 7,073 25,585
Fixtures & Fittings Total
£ £
Cost or Valuation
As at 1 January 2025 208,648 1,286,339
Additions 1,880 1,880
Disposals - (55,932 )
Revaluation - (25,000 )
As at 31 December 2025 210,528 1,207,287
Depreciation
As at 1 January 2025 191,503 486,800
Provided during the period 4,334 13,156
Disposals - (30,347 )
As at 31 December 2025 195,837 469,609
Net Book Value
As at 31 December 2025 14,691 737,678
As at 1 January 2025 17,145 799,539
The historical cost of the investment property is £249,500 (2024 - £249,500).
The directors consider the market value of the investment property at the year end to be £425,000 (2024 - £450,000).
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6. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2025 146,190
Disposals (146,140 )
As at 31 December 2025 50
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 50
As at 1 January 2025 146,190
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 306,731 346,287
Prepayments and accrued income 2,311 158,507
Other debtors 3,750 32,692
Directors' loan accounts 7,500 -
Amounts owed by group undertakings 356,489 245,044
676,781 782,530
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 481,277 439,897
Bank loans and overdrafts 16,087 12,268
Other taxes and social security 64,858 132,899
Other creditors 62,796 144,505
Accruals and deferred income 4,250 8,100
629,268 737,669
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 116,669 129,465
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2025 2024
£ £
Bank loans 66,437 80,189
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10. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured against the freehold property of the company.
2025 2024
£ £
Bank loans and overdrafts 129,227 141,733
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2,300 2,300
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 8,400 8,400
Later than one year and not later than five years 11,172 19,572
19,572 27,972
13. Pension Commitments
The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £2,568 (2024 - £2,661) were due to the fund. They are included in Other Creditors.
14. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is TRXCOM Ltd. The registered office is Unit 3 Vista Place, Coy Pond Business Park, Ingworth Road, Poole, England, BH12 1JY
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