Abbreviated Company Accounts - TWO J'S TAXIS LIMITED

Abbreviated Company Accounts - TWO J'S TAXIS LIMITED

TWO J'S TAXIS LIMITED - Company Information

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Registered Number SC385229

TWO J'S TAXIS LIMITED

Abbreviated Accounts

30 September 2015

TWO J'S TAXIS LIMITED Registered Number SC385229

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 10,711 14,293
10,711 14,293
Current assets
Cash at bank and in hand 202 326
202 326
Creditors: amounts falling due within one year (9,468) (12,056)
Net current assets (liabilities) (9,266) (11,730)
Total assets less current liabilities 1,445 2,563
Creditors: amounts falling due after more than one year (797) (3,984)
Total net assets (liabilities) 648 (1,421)
Capital and reserves
Called up share capital 2 2
Profit and loss account 646 (1,423)
Shareholders' funds 648 (1,421)
  • For the year ending 30 September 2015 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 28 June 2016

And signed on their behalf by:
J Robertson, Director

TWO J'S TAXIS LIMITED Registered Number SC385229

Notes to the Abbreviated Accounts for the period ended 30 September 2015

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 net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicle - 25% on reducing balance
Computer equipment - 33% on reducing balance

2Tangible fixed assets
£
Cost
At 1 October 2014 30,605
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2015 30,605
Depreciation
At 1 October 2014 16,312
Charge for the year 3,582
On disposals -
At 30 September 2015 19,894
Net book values
At 30 September 2015 10,711
At 30 September 2014 14,293