L & D TAXIS LIMITED - Period Ending 2016-07-31

Registration number: 04662546

L & D TAXIS LIMITED

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2016
 

David Crown Management Services
Thames House
1528 London Road
Leigh on Sea
Essex
SS9 2QQ

L & D TAXIS LIMITED
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

L & D TAXIS LIMITED
(Registration number: 04662546)
Abbreviated Balance Sheet at 31 July 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					8,392			-
Current assets
Cash at bank and in hand					1,032			-
Creditors: Amounts falling due within one year					(4,582)			(1,751)
Net current liabilities					(3,550)			(1,751)
Total assets less current liabilities					4,842			(1,751)
Creditors: Amounts falling due after more than one year					(5,536)			-
Net liabilities					(694)			(1,751)
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					(696)			(1,753)
Shareholders' deficit					(694)			(1,751)

For the year ending 31 July 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 director acknowledges his 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 director on 27 February 2017

.........................................
B Riley
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

L & D TAXIS LIMITED
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided at the following annual rates in order to write of each asset over its estimated useful life

Asset class	Depreciation method and rate
Motor vehicle	20%, straight line basis

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 August 2015		11,500			11,500
Additions		10,490			10,490
Disposals		(11,500)			(11,500)
At 31 July 2016		10,490			10,490
Depreciation
At 1 August 2015		11,500			11,500
Charge for the year		2,098			2,098
Eliminated on disposals		(11,500)			(11,500)
At 31 July 2016		2,098			2,098
Net book value
At 31 July 2016		8,392			8,392
At 31 July 2015		-			-

Page 2

L & D TAXIS LIMITED
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

Page 3