A1 TAXI LINE LIMITED

A1 TAXI LINE LIMITED

A1 TAXI LINE LIMITED - Company Information

Print Friendly Version

1 April 2020 false No description of principal activity Taxfiler 2021.20 05039750business:PrivateLimitedCompanyLtd2020-04-012021-03-31 050397502020-03-31 050397502020-04-012021-03-31 05039750business:AuditExemptWithAccountantsReport2020-04-012021-03-31 05039750business:FullAccounts2020-04-012021-03-31 050397502021-03-31 05039750business:Director12020-04-012021-03-31 05039750business:Director22020-04-012021-03-31 05039750business:Director32020-04-012021-03-31 05039750business:RegisteredOffice2020-04-012021-03-31 050397502020-03-31 05039750core:WithinOneYear2021-03-31 05039750core:WithinOneYear2020-03-31 05039750core:AfterOneYear2021-03-31 05039750core:AfterOneYear2020-03-31 05039750core:ShareCapital2021-03-31 05039750core:ShareCapital2020-03-31 05039750core:RetainedEarningsAccumulatedLosses2021-03-31 05039750core:RetainedEarningsAccumulatedLosses2020-03-31 05039750business:SmallEntities2020-04-012021-03-31 05039750countries:EnglandWales2020-04-012021-03-31 05039750core:MotorVehicles2020-04-012021-03-31 05039750core:FurnitureFittings2020-04-012021-03-31 05039750core:ComputerEquipment2020-04-012021-03-31 05039750core:MotorVehicles2020-03-31 05039750core:FurnitureFittings2020-03-31 05039750core:ComputerEquipment2020-03-31 05039750core:MotorVehicles2021-03-31 05039750core:FurnitureFittings2021-03-31 05039750core:ComputerEquipment2021-03-31 050397502019-04-012020-03-31 iso4217:GBP xbrli:pure
Company Registration No. 05039750 (England and Wales)
A1 TAXI LINE LIMITED Unaudited accounts for the year ended 31 March 2021
A1 TAXI LINE LIMITED Unaudited accounts Contents
Page
- 2 -
A1 TAXI LINE LIMITED Company Information for the year ended 31 March 2021
Directors
Mr. Mir Zaman Mr. Naveed Akhtar Mr. Raja Jamil Akhtar
Company Number
05039750 (England and Wales)
Registered Office
18 Redlion Street Chesham Bucks HP5 1EZ England
Accountants
G&S ACCOUNTANTS LIMITED First Floor, Leigh Court Leigh Street High Wycombe, Bucks England HP11 2QU
- 3 -
A1 TAXI LINE LIMITED Accountants' report
Accountants' report to the board of directors of A1 TAXI LINE LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 March 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of A1 TAXI LINE LIMITED for the year ended 31 March 2021 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of A1 TAXI LINE LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of A1 TAXI LINE LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A1 TAXI LINE LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that A1 TAXI LINE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of A1 TAXI LINE LIMITED. You consider that A1 TAXI LINE LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of A1 TAXI LINE LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
G&S ACCOUNTANTS LIMITED First Floor, Leigh Court Leigh Street High Wycombe, Bucks England HP11 2QU 15 December 2021
- 4 -
A1 TAXI LINE LIMITED Statement of financial position as at 31 March 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
25,022 
27,886 
Current assets
Cash at bank and in hand
25,191 
25,552 
Creditors: amounts falling due within one year
5
(4,878)
(16,121)
Net current assets
20,313 
9,431 
Total assets less current liabilities
45,335 
37,317 
Creditors: amounts falling due after more than one year
6
(15,000)
(17,000)
Net assets
30,335 
20,317 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
30,332 
20,314 
Shareholders' funds
30,335 
20,317 
For the year ending 31 March 2021 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2021 and were signed on its behalf by
Mr. Mir Zaman Director Company Registration No. 05039750
- 5 -
A1 TAXI LINE LIMITED Notes to the Accounts for the year ended 31 March 2021
1
Statutory information
A1 TAXI LINE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05039750. The registered office is 18 Redlion Street, Chesham, Bucks, HP5 1EZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2020
74,133 
11,083 
1,535 
86,751 
At 31 March 2021
74,133 
11,083 
1,535 
86,751 
Depreciation
At 1 April 2020
46,990 
10,799 
1,076 
58,865 
Charge for the year
2,714 
58 
92 
2,864 
At 31 March 2021
49,704 
10,857 
1,168 
61,729 
Net book value
At 31 March 2021
24,429 
226 
367 
25,022 
At 31 March 2020
27,143 
284 
459 
27,886 
- 6 -
A1 TAXI LINE LIMITED Notes to the Accounts for the year ended 31 March 2021
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
- 
8,792 
Taxes and social security
2,164 
3,463 
Other creditors
2,714 
3,866 
4,878 
16,121 
6
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Other creditors
- 
17,000 
Loans from directors
15,000 
- 
15,000 
17,000 
7
Average number of employees
During the year the average number of employees was 6 (2020: 6).
- 7 -