D. & J. Taxis Limited - Filleted accounts

Registered number

SC262877

D. & J. Taxis Limited

Filleted Accounts

31 January 2026

D. & J. Taxis Limited
Registered number:		SC262877
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		225,246			281,557

Current assets
Debtors	5	167,627			136,379
Cash at bank and in hand		86,969			78,166
		254,596			214,545

Creditors: amounts falling due within one year	6	(236,413)			(204,435)

Net current assets			18,183			10,110

Total assets less current liabilities			243,429			291,667

Creditors: amounts falling due after more than one year	7		(5,969)			(22,751)



Net assets			237,460			268,916

Capital and reserves
Called up share capital			4			4
Profit and loss account			237,456			268,912

Shareholders' funds			237,460			268,916

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D E Sweeney
Director
Approved by the board on 12 October 2026

D. & J. Taxis Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% reducing balance
	Fixtures, fittings, tools and equipment	20% reducing balance
	Motor vehicles	20% reducing balance

	Debtors
	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 recognised 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.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			5		5


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 February 2025					100,851
	At 31 January 2026					100,851

	Amortisation
	At 1 February 2025					100,851
	At 31 January 2026					100,851

	Net book value
	At 31 January 2026					-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	34,222		1,060,393		1,094,615
	At 31 January 2026	34,222		1,060,393		1,094,615

	Depreciation
	At 1 February 2025	32,045		781,013		813,058
	Charge for the year	435		55,876		56,311
	At 31 January 2026	32,480		836,889		869,369

	Net book value
	At 31 January 2026	1,742		223,504		225,246
	At 31 January 2025	2,177		279,380		281,557


5	Debtors			2026		2025
£					£

	Trade debtors			132,064		136,379
	Other debtors			35,563		-
				167,627		136,379


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			5,141		10,338
	Obligations under finance lease and hire purchase contracts			19,466		24,886
	Trade creditors			31,383		21,217
	Directors account			69,526		1,526
	Taxation and social security costs			94,102		126,875
	Other creditors			16,795		19,593
				236,413		204,435


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			-		1,184
	Obligations under finance lease and hire purchase contracts			5,969		21,567
				5,969		22,751


8	Controlling party

	The company was under the control of the directors throughout the current and previous years.


9	Other information

	D. & J. Taxis Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
	Unit 1
	Blair Street
	Perth
	PH2 0JQ