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dpl-frs:AdministrativeExpenses dpl-frs:Item12 2015-12-01 2016-11-30 09294047 1 2015-12-01 2016-11-30 09294047 frs-countries:EnglandWales 2015-12-01 2016-11-30
Registered number: 09294047
Dial-A-Cab (Cheltenham) Limited
Unaudited Financial Statements
For The Year Ended 30 November 2017
Tax Compute Limited

Office 4
13, Royal Crescent
Cheltenham
Gloucestershire
GL50 3DA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Balance Sheet
Registered number: 09294047
2017 2016
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 30,464 35,965
30,464 35,965
CURRENT ASSETS
Debtors 4 5,540 5,540
Cash at bank and in hand 4,488 5,039
10,028 10,579
Creditors: Amounts Falling Due Within One Year 5 (39,797 ) (41,681 )
NET CURRENT ASSETS (LIABILITIES) (29,769 ) (31,102 )
TOTAL ASSETS LESS CURRENT LIABILITIES 695 4,863
Creditors: Amounts Falling Due After More Than One Year 6 (8,808 ) (8,808 )
NET ASSETS (8,113 ) (3,945 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (8,114 ) (3,946 )
SHAREHOLDERS' FUNDS (8,113) (3,945)
Page 1
For the year ending 30 November 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
  • The member has 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.
  • The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Graham Foley
30/11/2018

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% Straight line
Computer Equipment 25% Straight line
1.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 7
Page 3
3. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 December 2016 61,860 902 62,762
Additions 4,800 - 4,800
As at 30 November 2017 66,660 902 67,562
Depreciation
As at 1 December 2016 26,354 443 26,797
Provided during the period 10,076 225 10,301
As at 30 November 2017 36,430 668 37,098
Net Book Value
As at 30 November 2017 30,230 234 30,464
As at 1 December 2016 35,506 459 35,965
4. Debtors
2017 2016
£ £
Due within one year
Director's loan account 5,540 5,540
5,540 5,540
5. Creditors: Amounts Falling Due Within One Year
2017 2016
£ £
Corporation tax 476 476
VAT 23,114 9,699
Other creditors 5,549 20,650
Director's loan account 10,658 10,856
39,797 41,681
6. Creditors: Amounts Falling Due After More Than One Year
2017 2016
£ £
Other creditors 8,808 8,808
Page 4
7. Share Capital
2017 2016
Allotted, Called up and fully paid 1 1
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
9. General Information
Dial-A-Cab (Cheltenham) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09294047. The registered office is Office 4, 13, Royal Crescent, Cheltenham, Gloucestershire, GL50 3DA.
Page 5