REGISTERED NUMBER: 05327647 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

FOR

A & M TAXIS AND MINIBUSES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M H Evans

SECRETARY:

REGISTERED OFFICE:

ALLOY COURT BUSINESS CENTRE

ALLOY INDUSTRIAL ESTATE

PONTARDAWE

SWANSEA

SA8 4EN

REGISTERED NUMBER:

05327647 (England and Wales)

ACCOUNTANTS:

Harvey, Peters & Co Limited

Min Yr Afon

4 High Street

Pontardawe

Swansea

SA8 4HU

FIXED ASSETS

Tangible assets

2

51,226

59,936

CURRENT ASSETS

Debtors

30,660

144,553

Cash at bank and in hand

11,221

8,533

41,881

153,086

CREDITORS

Amounts falling due within one year

45,954

164,509

NET CURRENT LIABILITIES

(4,073

)

(11,423

)

TOTAL ASSETS LESS CURRENT LIABILITIES

47,153

48,513

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

47,151

48,511

SHAREHOLDERS' FUNDS

47,153

48,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 17 March 2017 and were signed by:

M H Evans - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

113,806

Additions

7,310

At 30 June 2016

121,116

DEPRECIATION

At 1 July 2015

53,870

Charge for year

16,020

At 30 June 2016

69,890

NET BOOK VALUE

At 30 June 2016

51,226

At 30 June 2015

59,936

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

2

Ordinary

1

2

2