2022-10-012023-09-302023-09-30false12185091DRIVEN VENTURES 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DRIVEN VENTURES LTD

Registered Number
12185091
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2023

DRIVEN VENTURES LTD
Company Information
for the year from 1 October 2022 to 30 September 2023

Director

Paul Pratt

Registered Address

128 City Road
London
EC1V 2NX

Registered Number

12185091 (England and Wales)
DRIVEN VENTURES LTD
Balance Sheet as at
30 September 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets33,2513,824
3,2513,824
Current assets
Debtors1,579796
Cash at bank and on hand7,5273,643
9,1064,439
Creditors amounts falling due within one year(9,054)(4,853)
Net current assets (liabilities)52(414)
Total assets less current liabilities3,3033,410
Net assets3,3033,410
Capital and reserves
Called up share capital11
Profit and loss account3,3023,409
Shareholders' funds3,3033,410
The financial statements were approved and authorised for issue by the Director on 8 February 2024, and are signed on its behalf by:
Paul Pratt
Director
Registered Company No. 12185091
DRIVEN VENTURES LTD
Notes to the Financial Statements
for the year ended 30 September 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Vehicles

Fixtures & fittings

Total

£££
Cost or valuation
At 01 October 222,9003,6006,500
At 30 September 232,9003,6006,500
Depreciation and impairment
At 01 October 221,6779992,676
Charge for year183390573
At 30 September 231,8601,3893,249
Net book value
At 30 September 231,0402,2113,251
At 30 September 221,2232,6013,824