Pembrokeshire Taxi and Minibus Hire Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08360201 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Pembrokeshire Taxi and Minibus Hire

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R A Coulson

A Flowers

REGISTERED OFFICE:

Saint Michaels House

Cosheston

Pembroke Dock

SA72 4UD

REGISTERED NUMBER:

08360201 (England and Wales)

ACCOUNTANTS:

Cambrian & Co Ltd

13A Victoria Gardens

Neath

West Glamorgan

SA11 3AY

FIXED ASSETS

Tangible assets

4

194,900

214,447

Investments

5

75

-

194,975

214,447

CURRENT ASSETS

Stocks

13,200

Debtors

6

45,870

34,273

Cash at bank and in hand

74,980

71,771

134,050

119,244

CREDITORS

Amounts falling due within one year

7

97,047

118,620

NET CURRENT ASSETS

37,003

624

TOTAL ASSETS LESS CURRENT
LIABILITIES

231,978

215,071

CREDITORS

Amounts falling due after more than one
year

8

(2,442

)

(18,067

)

PROVISIONS FOR LIABILITIES

-

(1,324

)

NET ASSETS

229,536

195,680

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

229,534

195,678

229,536

195,680

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 15 October 2026 and were signed on its behalf by:

Mrs R A Coulson - Director

A Flowers - Director

1.	STATUTORY INFORMATION

Pembrokeshire Taxi and Minibus Hire 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 20 (2025 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 February 2025

26,102

291,491

317,593

Additions

-

41,942

Disposals

-

(31,260

)

(31,260

)

At 31 January 2026

26,102

302,173

328,275

DEPRECIATION

At 1 February 2025

5,220

97,926

103,146

Charge for year

5,220

56,269

61,489

Eliminated on disposal

-

(31,260

)

(31,260

)

At 31 January 2026

10,440

122,935

133,375

NET BOOK VALUE

At 31 January 2026

15,662

179,238

194,900

At 31 January 2025

20,882

193,565

214,447

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

75

At 31 January 2026

75

NET BOOK VALUE

At 31 January 2026

75

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Trade debtors

35,149

34,273

Directors' current accounts

9,936

-

Deferred tax asset

785

-

45,870

34,273

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Hire purchase contracts

5,664

Trade creditors

6,763

18,357

Tax

45,134

48,276

Social security and other taxes

3,000

2,443

VAT

24,896

35,851

Pensions due

419

221

Intercompany creditor

2,172

-

Directors' current accounts

1,557

2,502

Accrued expenses

7,442

5,306

97,047

118,620

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.1.26

31.1.25

£

Bank loans - 2-5 years

-

9,092

Hire purchase contracts

2,442

8,975

2,442

18,067

9.	RELATED PARTY DISCLOSURES

The directors operate loan accounts with the company. The balance owing to directors at the balance sheet date are shown in notes to these financial statements.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, but no party has overall control.