Abbreviated Company Accounts - NORTHUMBERLAND TAXIS LIMITED

NORTHUMBERLAND TAXIS LIMITED - Company Information

SC320423 NORTHUMBERLAND TAXIS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true SC320423 2015-04-01 2016-03-31 SC320423 2016-03-31 SC320423 2015-03-31 SC320423 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 SC320423 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number SC320423

NORTHUMBERLAND TAXIS LIMITED

Abbreviated Accounts

31 March 2016

NORTHUMBERLAND TAXIS LIMITED Registered Number SC320423

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	30,396	17,406
		30,396	17,406
Current assets
Debtors		691	692
Cash at bank and in hand		397	52
		1,088	744
Creditors: amounts falling due within one year		(9,332)	(4,006)
Net current assets (liabilities)		(8,244)	(3,262)
Total assets less current liabilities		22,152	14,144
Creditors: amounts falling due after more than one year		(17,952)	-
Total net assets (liabilities)		4,200	14,144
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		4,198	14,142
Shareholders' funds		4,200	14,144

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 22 December 2016

And signed on their behalf by:
Leslie McVay, Director

NORTHUMBERLAND TAXIS LIMITED Registered Number SC320423

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.

Turnover policy
Turnover comprises of the invoiced value of the goods and services supplied by the company net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles – 20% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	33,995
Additions	37,995
Disposals	(33,995)
Revaluations	-
Transfers	-
At 31 March 2016	37,995
Depreciation
At 1 April 2015	16,589
Charge for the year	7,599
On disposals	(16,589)
At 31 March 2016	7,599
Net book values
At 31 March 2016	30,396
At 31 March 2015	17,406

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2