DRIVE COMMERCIAL SOLUTIONS LTD

Company Registration Number:
06494782 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

DRIVE COMMERCIAL SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6

DRIVE COMMERCIAL SOLUTIONS LTD

Company Information

for the Period Ended 28 February 2023




Director: Jonathan Boe
Registered office: 4
Bragbury Close
Stevenage
Hertfordshire
SG2 8UL
Company Registration Number: 06494782 (England and Wales)

DRIVE COMMERCIAL SOLUTIONS LTD

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 45,674 83,800
Total current assets: 45,674 83,800
Creditors: amounts falling due within one year: ( 11,514 ) ( 3,921 )
Net current assets (liabilities): 34,160 79,879
Total assets less current liabilities: 34,160 79,879
Total net assets (liabilities): 34,160 79,879

The notes form part of these financial statements

DRIVE COMMERCIAL SOLUTIONS LTD

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 34,060 79,779
Shareholders funds: 34,160 79,879

For the year ending 28 February 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 November 2023
And Signed On Behalf Of The Board By:

Name: Jonathan Boe
Status: Director

The notes form part of these financial statements

DRIVE COMMERCIAL SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the invoiced value of services supplied by the company, net of value added tax.

    Tangible fixed assets depreciation policy

    Fixed assets are initially recorded at cost. Depreciation is provided at the following annual rates in order to write down each asset to its residual value over its estimated useful life. Office equipment:- 25% reducing balance.

    Other accounting policies

    Deferred tax:- provision is made at current rates for taxation deferred in respect of all material timing differences.

DRIVE COMMERCIAL SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 2

DRIVE COMMERCIAL SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No