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REGISTERED NUMBER: 00420673 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2016

for

STREAMLINE TAXIS (SOUTHAMPTON) LIMITED

STREAMLINE TAXIS (SOUTHAMPTON) LIMITED (REGISTERED NUMBER: 00420673)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STREAMLINE TAXIS (SOUTHAMPTON) LIMITED

Company Information
for the Year Ended 31 December 2016







DIRECTORS: A Bambridge
W Grant
Mrs C Kearslake





SECRETARY: Mrs D E Wood





REGISTERED OFFICE: 12 Northam Business Centre
Princes Street
Southampton
Hampshire
SO14 5RP





REGISTERED NUMBER: 00420673 (England and Wales)





ACCOUNTANTS: Walji & Co Private Clients Limited
Prospect House
50 Leigh Road
Eastleigh
Hampshire
SO50 9DT

STREAMLINE TAXIS (SOUTHAMPTON) LIMITED (REGISTERED NUMBER: 00420673)

Balance Sheet
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 174,965 184,469
Investments 5 1 1
174,966 184,470

CURRENT ASSETS
Debtors 6 115,341 115,681
Cash at bank and in hand 41,319 32,652
156,660 148,333
CREDITORS
Amounts falling due within one year 7 186,986 191,201
NET CURRENT LIABILITIES (30,326 ) (42,868 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,640

141,602

CREDITORS
Amounts falling due after more than
one year

8

8,191

16,364
NET ASSETS 136,449 125,238

STREAMLINE TAXIS (SOUTHAMPTON) LIMITED (REGISTERED NUMBER: 00420673)

Balance Sheet - continued
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 29,766 29,766
Revaluation reserve 9 50,592 50,592
Other reserves 78,430 78,430
Retained earnings (22,339 ) (33,550 )
SHAREHOLDERS' FUNDS 136,449 125,238

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 1 August 2017 and were signed on its
behalf by:





A Bambridge - Director


STREAMLINE TAXIS (SOUTHAMPTON) LIMITED (REGISTERED NUMBER: 00420673)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

Streamline Taxis (Southampton) Limited is a private company, limited by shares , registered in
England and Wales. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 10% on reducing balance

The Freehold Property is not depreciated as, in the opinion of the Directors, the market value is in
excess of the book value. Also as the Property is regarded as having an estimated useful life in
excess of 50 years, the Company sees no sense in depreciating it. However, the Company will carry
out an annual impairment review (in accordance with FRS 11) to ensure that this remains the case.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive income
or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have
been enacted or substantively enacted by the balance sheet date.


STREAMLINE TAXIS (SOUTHAMPTON) LIMITED (REGISTERED NUMBER: 00420673)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that
are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is
probable that they will be recovered against the reversal of deferred tax liabilities or other future
taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST OR VALUATION
At 1 January 2016 120,000 22,690 79,338
At 31 December 2016 120,000 22,690 79,338
DEPRECIATION
At 1 January 2016 - 16,056 57,686
Charge for year - 664 2,165
Eliminated on disposal - - -
At 31 December 2016 - 16,720 59,851
NET BOOK VALUE
At 31 December 2016 120,000 5,970 19,487
At 31 December 2015 120,000 6,634 21,652

STREAMLINE TAXIS (SOUTHAMPTON) LIMITED (REGISTERED NUMBER: 00420673)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST OR VALUATION
At 1 January 2016 28,100 46,107 296,235
Disposals (16,500 ) - (16,500 )
At 31 December 2016 11,600 46,107 279,735
DEPRECIATION
At 1 January 2016 23,277 14,747 111,766
Charge for year 471 3,269 6,569
Eliminated on disposal (13,565 ) - (13,565 )
At 31 December 2016 10,183 18,016 104,770
NET BOOK VALUE
At 31 December 2016 1,417 28,091 174,965
At 31 December 2015 4,823 31,360 184,469

Cost or valuation at 31 December 2016 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2011 69,408 - 69,408
Valuation in 2013 25,592 - 25,592
Valuation in 2014 25,000 - 25,000
Cost - 159,735 159,735
120,000 159,735 279,735

STREAMLINE TAXIS (SOUTHAMPTON) LIMITED (REGISTERED NUMBER: 00420673)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2016
and 31 December 2016 1
NET BOOK VALUE
At 31 December 2016 1
At 31 December 2015 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade debtors 111,922 112,729
Other debtors 3,419 2,952
115,341 115,681

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Bank loans and overdrafts 12,940 12,810
Trade creditors 91,462 94,731
Taxation and social security 46,915 50,723
Other creditors 35,669 32,937
186,986 191,201

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.16 31.12.15
£    £   
Bank loans 8,191 16,364

9. RESERVES
Revaluation
reserve
£   
At 1 January 2016
and 31 December 2016 50,592

STREAMLINE TAXIS (SOUTHAMPTON) LIMITED (REGISTERED NUMBER: 00420673)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended
31 December 2016 and 31 December 2015:

31.12.16 31.12.15
£    £   
A Bambridge
Balance outstanding at start of year (26,300 ) (29,300 )
Amounts advanced - 3,000
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (26,300 ) (26,300 )

11. ULTIMATE CONTROLLING PARTY

The directors are considered to be the ultimate controlling party by virtue of their ability to act in
concert in respect of the operational and financial policies of the company.