Abbreviated Company Accounts - VOKES TAXIS LIMITED

Abbreviated Company Accounts - VOKES TAXIS LIMITED

VOKES TAXIS LIMITED - Company Information

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Registered Number 06188668

VOKES TAXIS LIMITED

Abbreviated Accounts

31 March 2016

VOKES TAXIS LIMITED Registered Number 06188668

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 308,330 308,330
Tangible assets 3 175,461 181,841
483,791 490,171
Current assets
Debtors 125,980 326,424
Cash at bank and in hand 69,924 500
195,904 326,924
Creditors: amounts falling due within one year (297,833) (688,969)
Net current assets (liabilities) (101,929) (362,045)
Total assets less current liabilities 381,862 128,126
Creditors: amounts falling due after more than one year (249,476) -
Total net assets (liabilities) 132,386 128,126
Capital and reserves
Called up share capital 2 2
Profit and loss account 132,384 128,124
Shareholders' funds 132,386 128,126
  • 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 30 November 2016

And signed on their behalf by:
Mr L Ridden, Director

VOKES TAXIS LIMITED Registered Number 06188668

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 represents sales of cab services and car rentals. The turnover figure excludes Value Added Tax.

Tangible assets depreciation policy
Tangible fixed assets are depreciated at rates estimated to write off the asset over its useful working life.

2Intangible fixed assets
£
Cost
At 1 April 2015 308,330
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 308,330
Amortisation
At 1 April 2015 -
Charge for the year -
On disposals -
At 31 March 2016 -
Net book values
At 31 March 2016 308,330
At 31 March 2015 308,330

The goodwill is stated at cost and has not been amortised as the directors are of the opinion that the goodwill is currently valued in excess of the amount paid.

3Tangible fixed assets
£
Cost
At 1 April 2015 335,492
Additions 56,306
Disposals (45,492)
Revaluations -
Transfers -
At 31 March 2016 346,306
Depreciation
At 1 April 2015 153,651
Charge for the year 67,264
On disposals (50,070)
At 31 March 2016 170,845
Net book values
At 31 March 2016 175,461
At 31 March 2015 181,841