REGISTERED NUMBER: 05720518 (England and Wales)

A.Cab Taxi Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D P Jones

REGISTERED OFFICE:

Towers Point

Towers Business Park

Wheelhouse Road

Rugeley

Staffordshire

WS15 1UN

REGISTERED NUMBER:

05720518 (England and Wales)

ACCOUNTANTS:

Wychbury Greaves

Towers Point

Towers Business Park

Wheelhouse Road

Rugeley

Staffordshire

WS15 1UN

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

3,357

4,338

3,357

4,338

CURRENT ASSETS

Debtors

122

-

Cash at bank and in hand

23,605

24,118

23,727

24,118

CREDITORS

Amounts falling due within one year

44,324

43,326

NET CURRENT LIABILITIES

(20,597

)

(19,208

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(17,240

)

(14,870

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Share premium

3,281

3,281

Profit and loss account

(20,621

)

(18,251

)

SHAREHOLDERS' FUNDS

(17,240

)

(14,870

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 22 September 2016 and were signed by:

D P Jones - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

20,000

AMORTISATION

At 1 April 2015

and 31 March 2016

20,000

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

30,163

Additions

140

At 31 March 2016

30,303

DEPRECIATION

At 1 April 2015

25,825

Charge for year

1,121

At 31 March 2016

26,946

NET BOOK VALUE

At 31 March 2016

3,357

At 31 March 2015

4,338

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100