Company Registration No. 05829114 (England and Wales)
Cab-it (sittingbourne) Limited
Unaudited accounts
for the year ended 30 June 2026
Cab-it (sittingbourne) Limited
Unaudited accounts
Contents
Cab-it (sittingbourne) Limited
Company Information
for the year ended 30 June 2026
Director
Mr Darren Vaughan
Company Number
05829114 (England and Wales)
Registered Office
Cab It
Rear Of 9
West Street
Sittingbourne
Kent
ME10 1AA
England
Cab-it (sittingbourne) Limited
Statement of financial position
as at 30 June 2026
Tangible assets
56,163
60,369
Cash at bank and in hand
6,894
3,371
Creditors: amounts falling due within one year
(27,272)
(33,232)
Net current assets
12,951
16,167
Total assets less current liabilities
69,114
76,536
Creditors: amounts falling due after more than one year
(6,280)
-
Called up share capital
100
100
Profit and loss account
62,734
76,436
Shareholders' funds
62,834
76,536
For the year ending 30 June 2026 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 12 October 2026 and were signed on its behalf by
Mr Darren Vaughan
Director
Company Registration No. 05829114
Cab-it (sittingbourne) Limited
Notes to the Accounts
for the year ended 30 June 2026
Cab-it (sittingbourne) Limited is a private company, limited by shares, registered in England and Wales, registration number 05829114. The registered office is Cab It, Rear Of 9, West Street, Sittingbourne, Kent, ME10 1AA, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Motor vehicles
25% reducing balance basis
Fixtures & fittings
20% reducing balance basis
Computer equipment
15% reducing balance basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Cab-it (sittingbourne) Limited
Notes to the Accounts
for the year ended 30 June 2026
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2025
129,370
2,800
5,547
137,717
Additions
18,542
-
1,797
20,339
Disposals
(44,045)
-
-
(44,045)
At 30 June 2026
103,867
2,800
7,344
114,011
At 1 July 2025
73,081
1,556
2,711
77,348
Charge for the year
16,553
224
695
17,472
On disposals
(36,972)
-
-
(36,972)
At 30 June 2026
52,662
1,780
3,406
57,848
At 30 June 2026
51,205
1,020
3,938
56,163
At 30 June 2025
56,289
1,244
2,836
60,369
Carrying values included above held under finance leases and hire purchase contracts:
£
£
Cab-it (sittingbourne) Limited
Notes to the Accounts
for the year ended 30 June 2026
Amounts falling due within one year
Deferred tax asset
19,904
12,695
Accrued income and prepayments
12,657
17,257
7
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
5,212
-
Trade creditors
1,087
1,148
Taxes and social security
498
7,119
Other creditors
6,068
1,555
Loans from directors
3,726
6,994
8
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
6,280
-
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
At the balance sheet date contributions of £85 (2025: £106) were due to the fund and are included in creditors.
10
Average number of employees
During the year the average number of employees was 5 (2025: 5).