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REGISTERED NUMBER: 08361309 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

DRIVER SUPPLY LTD

DRIVER SUPPLY LTD (REGISTERED NUMBER: 08361309)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DRIVER SUPPLY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: A Hennigan





REGISTERED OFFICE: Unit 10b
Aire Valley Business Centre
Lawkholme Lane
Keighley
West Yorkshire
BD21 3BB





REGISTERED NUMBER: 08361309 (England and Wales)





ACCOUNTANTS: Brosnans
Chartered Accountants
Birkby House
Bailiff Bridge
Brighouse
West Yorkshire
HD6 4JJ

DRIVER SUPPLY LTD (REGISTERED NUMBER: 08361309)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,424 8,454

CURRENT ASSETS
Debtors 5 115,987 110,892
Cash at bank 203,551 484,888
319,538 595,780
CREDITORS
Amounts falling due within one year 6 (44,168 ) (39,416 )
NET CURRENT ASSETS 275,370 556,364
TOTAL ASSETS LESS CURRENT
LIABILITIES

281,794

564,818

PROVISIONS FOR LIABILITIES (1,606 ) (1,606 )
NET ASSETS 280,188 563,212

CAPITAL AND RESERVES
Called up share capital 7 1 2
Capital redemption reserve 1 -
Retained earnings 280,186 563,210
SHAREHOLDERS' FUNDS 280,188 563,212

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DRIVER SUPPLY LTD (REGISTERED NUMBER: 08361309)

BALANCE SHEET - continued
31 JANUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 February 2024 and were signed by:





A Hennigan - Director


DRIVER SUPPLY LTD (REGISTERED NUMBER: 08361309)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Driver Supply Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

DRIVER SUPPLY LTD (REGISTERED NUMBER: 08361309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 21,518
DEPRECIATION
At 1 February 2023 13,064
Charge for year 2,030
At 31 January 2024 15,094
NET BOOK VALUE
At 31 January 2024 6,424
At 31 January 2023 8,454

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 115,187 110,892
Other debtors 800 -
115,987 110,892

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 16,768 -
Taxation and social security 16,081 30,936
Other creditors 11,319 8,480
44,168 39,416

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary 1 1 2

DRIVER SUPPLY LTD (REGISTERED NUMBER: 08361309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr A Hennigan.