A1 TAXI LINE LIMITED

A1 TAXI LINE LIMITED

A1 TAXI LINE LIMITED - Company Information

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Company Registration No. 05039750 (England and Wales)
A1 TAXI LINE LIMITED Unaudited accounts for the year ended 31 March 2023
A1 TAXI LINE LIMITED Unaudited accounts Contents
Page
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A1 TAXI LINE LIMITED Company Information for the year ended 31 March 2023
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, Victoria House Victoria Street High Wycombe, Bucks England, United Kingdom HP11 2LU
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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 2023
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 2023 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, Victoria House Victoria Street High Wycombe, Bucks England, United Kingdom HP11 2LU 21 December 2023
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A1 TAXI LINE LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
88,304 
44,995 
Current assets
Cash at bank and in hand
24,636 
6,265 
Creditors: amounts falling due within one year
5
(46,553)
(28,590)
Net current liabilities
(21,917)
(22,325)
Total assets less current liabilities
66,387 
22,670 
Creditors: amounts falling due after more than one year
6
(28,321)
(2,000)
Net assets
38,066 
20,670 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
38,063 
20,667 
Shareholders' funds
38,066 
20,670 
For the year ending 31 March 2023 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 21 December 2023 and were signed on its behalf by
Mr. Mir Zaman Director Company Registration No. 05039750
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A1 TAXI LINE LIMITED Notes to the Accounts for the year ended 31 March 2023
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
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
20%
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 2022
99,171 
11,083 
1,535 
111,789 
Additions
53,173 
- 
- 
53,173 
At 31 March 2023
152,344 
11,083 
1,535 
164,962 
Depreciation
At 1 April 2022
54,651 
10,902 
1,241 
66,794 
Charge for the year
9,769 
36 
59 
9,864 
At 31 March 2023
64,420 
10,938 
1,300 
76,658 
Net book value
At 31 March 2023
87,924 
145 
235 
88,304 
At 31 March 2022
44,520 
181 
294 
44,995 
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A1 TAXI LINE LIMITED Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
3,383 
Trade creditors
25,207 
25,207 
Other creditors
21,346 
- 
46,553 
28,590 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
28,321 
- 
Loans from directors
- 
2,000 
28,321 
2,000 
7
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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