721 Taxis Ltd. - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: SC326223 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2023

for

721 Taxis Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S Robb

K Robb

REGISTERED OFFICE:

33 High Street

Prestonpans

EH32 9AJ

REGISTERED NUMBER:

SC326223 (Scotland)

ACCOUNTANTS:

Helen Lowe Ltd

17/21 East Mayfield

Edinburgh

Lothian

EH9 1SE

FIXED ASSETS

Intangible assets

4

1,000

1,000

CREDITORS

Amounts falling due within one year

5

1,304

1,141

NET CURRENT LIABILITIES

(1,304

)

(1,141

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(304

)

(141

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(306

)

(143

)

(304

)

(141

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2024 and were signed on its behalf by:

K Robb - Director

1.	STATUTORY INFORMATION

721 Taxis Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST OR VALUATION

At 1 July 2022

and 30 June 2023

1,000

NET BOOK VALUE

At 30 June 2023

1,000

At 30 June 2022

1,000

Cost or valuation at 30 June 2023 is represented by:

Other

intangible

assets

£

Valuation in 2022

1,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.23

30.6.22

£

£

Other creditors

1,304

1,141

6.	RELATED PARTY DISCLOSURES

Directors have provided loans to the company in the sum of £1,141 (2022: £561). The loans are interest-free and at the balance sheet date remain outstanding.