REGISTERED NUMBER: 02567228 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

STREAMLINE TAXIS (YORK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Brown

M J Goldsborough

B A Kasher

D Bekatoros

D Alexander

T Fernie

G Fox

S Leeke

J Thomas

REGISTERED OFFICE:

Cromwell House

7 Cumberland Street

York

North Yorkshire

YO1 9SW

REGISTERED NUMBER:

02567228 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

Yorkshire

YO30 5PA

FIXED ASSETS

Intangible assets

4

-

4,107

Tangible assets

5

670,879

713,637

670,879

717,744

CURRENT ASSETS

Debtors

6

520,610

487,342

Cash at bank and in hand

250,459

202,659

771,069

690,001

CREDITORS

Amounts falling due within one year

7

576,465

584,087

NET CURRENT ASSETS

194,604

105,914

TOTAL ASSETS LESS CURRENT LIABILITIES

865,483

823,658

CREDITORS

Amounts falling due after more than one year

8

96,146

114,179

NET ASSETS

769,337

709,479

CAPITAL AND RESERVES

Called up share capital

36

36

Share premium

52,927

52,927

Revaluation reserve

184,348

184,348

Retained earnings

532,026

472,168

SHAREHOLDERS' FUNDS

769,337

709,479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 5 August 2026 and were signed on its behalf by:

M J Goldsborough - Director

S Leeke - Director

1.	STATUTORY INFORMATION

Streamline Taxis (York) 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.

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.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Turnover

Turnover represents amounts receivable from the provision of school contract services, and from the provision of agency services to self employed private hire taxi drivers. Turnover is disclosed excluding VAT.

Goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% 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.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown with borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 71 (2024 - 71 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

92,175

AMORTISATION

At 1 January 2025

88,068

Amortisation for year

4,107

At 31 December 2025

92,175

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

4,107

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2025

377,668

81,603

67,831

1,228,590

1,755,692

Additions

-

-

1,695

89,672

91,367

Disposals

-

(41,182

)

-

(128,615

)

(169,797

)

At 31 December 2025

377,668

40,421

69,526

1,189,647

1,677,262

DEPRECIATION

At 1 January 2025

67,040

65,589

57,301

852,125

1,042,055

Charge for year

4,753

3,914

2,905

101,777

113,349

Eliminated on disposal

-

(30,569

)

-

(118,452

)

(149,021

)

At 31 December 2025

71,793

38,934

60,206

835,450

1,006,383

NET BOOK VALUE

At 31 December 2025

305,875

1,487

9,320

354,197

670,879

At 31 December 2024

310,628

16,014

10,530

376,465

713,637

Freehold land and buildings with a net carrying amount of £305,875 (2024 - £310,628) have been pledged to secure borrowings of the company. The company is not allowed to pledge these assets as security for other borrowings or to sell them to another entity.

During the year ended 31 December 2009 Land & Buildings were revalued by Lawrence Hannah LLP on the basis of open market value. The uplift on valuation was included in the value of fixed assets and is reflected in the revaluation reserve. The cost or valuation of freehold land and buildings on which depreciation is charged amounted to £185,000. (2024 - £185,000)

The historical cost of freehold land and buildings included above at a valuation of £377,668 was £149,052 and the aggregate depreciation based thereon was £8,400.

.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

365,015

330,595

Deferred tax asset

79,864

79,377

Prepayments

75,731

77,370

520,610

487,342

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

13,951

12,723

Hire purchase contracts (see note 9)

54,158

85,474

Trade creditors

288,562

271,725

Corporation tax

33,707

14,724

Social security and other taxes

-

8,193

VAT

179,937

171,465

Other creditors

516

516

Accrued expenses

5,634

19,267

576,465

584,087

The net obligations under hire purchase contracts are secured on the asset to which they relate.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

44,843

60,022

Hire purchase contracts (see note 9)

51,303

54,157

96,146

114,179

The net obligations under hire purchase contracts are secured on the asset to which they relate.

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

54,158

85,474

Between one and five years

51,303

54,157

105,461

139,631

Non-cancellable

operating leases

2025

2024

£

£

Within one year

15,000

4,200

Between one and five years

4,375

-

19,375

4,200