Registered Number 04685413

A & B TAXIS LIMITED

Abbreviated Accounts

31 March 2016

A & B TAXIS LIMITED Registered Number 04685413

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 18,000 18,000
Tangible assets 3 49,635 35,686
67,635 53,686
Current assets
Debtors 16,243 19,222
Cash at bank and in hand 35,743 41,701
51,986 60,923
Creditors: amounts falling due within one year (71,153) (67,927)
Net current assets (liabilities) (19,167) (7,004)
Total assets less current liabilities 48,468 46,682
Total net assets (liabilities) 48,468 46,682
Capital and reserves
Called up share capital 2 2
Profit and loss account 48,466 46,680
Shareholders' funds 48,468 46,682
  • For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 January 2017

And signed on their behalf by:
M Hussain, Director

A & B TAXIS LIMITED Registered Number 04685413

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Intangible fixed assets
£
Cost
At 1 April 2015 18,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 18,000
Amortisation
At 1 April 2015 -
Charge for the year -
On disposals -
At 31 March 2016 -
Net book values
At 31 March 2016 18,000
At 31 March 2015 18,000
3Tangible fixed assets
£
Cost
At 1 April 2015 68,700
Additions 33,239
Disposals (18,389)
Revaluations -
Transfers -
At 31 March 2016 83,550
Depreciation
At 1 April 2015 33,014
Charge for the year 9,027
On disposals (8,126)
At 31 March 2016 33,915
Net book values
At 31 March 2016 49,635
At 31 March 2015 35,686