Company Registration No. 11723849 (England and Wales)
DRIVEN WHEELS LTD
Unaudited accounts
for the year ended 31 December 2022
DRIVEN WHEELS LTD
Company Information
for the year ended 31 December 2022
Director
Lucian-Ionut LUPASCU
Company Number
11723849 (England and Wales)
Registered Office
42
Lindsay Road, New Haw
ADDLESTONE
KT15 3BE
ENGLAND
DRIVEN WHEELS LTD
Statement of financial position
as at 31 December 2022
Tangible assets
7,503
9,379
Cash at bank and in hand
(12)
252
Creditors: amounts falling due within one year
(1,104)
-
Net current assets
23,384
35,640
Total assets less current liabilities
30,887
45,019
Creditors: amounts falling due after more than one year
(48,226)
(50,000)
Net liabilities
(17,339)
(4,981)
Called up share capital
100
100
Profit and loss account
(17,439)
(5,081)
Shareholders' funds
(17,339)
(4,981)
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 March 2024 and were signed on its behalf by
Lucian-Ionut LUPASCU
Director
Company Registration No. 11723849
DRIVEN WHEELS LTD
Notes to the Accounts
for the year ended 31 December 2022
DRIVEN WHEELS LTD is a private company, limited by shares, registered in England and Wales, registration number 11723849. The registered office is 42 , Lindsay Road, New Haw, ADDLESTONE, KT15 3BE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
At 31 December 2022
14,655
Amounts falling due within one year
DRIVEN WHEELS LTD
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Loans from directors
1,104
-
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).