2023-02-01 2024-01-31 false Capium Accounts Production 1.1 06004670 bus:FullAccounts 2023-02-01 2024-01-31 06004670 bus:FRS102 2023-02-01 2024-01-31 06004670 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 06004670 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 06004670 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 06004670 2023-02-01 2024-01-31 06004670 2024-01-31 06004670 bus:RegisteredOffice 2023-02-01 2024-01-31 06004670 core:WithinOneYear 2024-01-31 06004670 core:AfterOneYear 2024-01-31 06004670 bus:Director1 2023-02-01 2024-01-31 06004670 bus:Director1 2024-01-31 06004670 bus:Director1 2022-02-01 2023-01-31 06004670 bus:Director2 2023-02-01 2024-01-31 06004670 bus:Director2 2024-01-31 06004670 bus:Director2 2022-02-01 2023-01-31 06004670 bus:Director3 2023-02-01 2024-01-31 06004670 bus:Director3 2024-01-31 06004670 bus:Director3 2022-02-01 2023-01-31 06004670 bus:Director4 2023-02-01 2024-01-31 06004670 bus:Director4 2024-01-31 06004670 bus:Director4 2022-02-01 2023-01-31 06004670 2022-02-01 06004670 bus:LeadAgentIfApplicable 2023-02-01 2024-01-31 06004670 2022-02-01 2023-01-31 06004670 2023-01-31 06004670 core:WithinOneYear 2023-01-31 06004670 core:AfterOneYear 2023-01-31 06004670 bus:EntityAccountantsOrAuditors 2022-02-01 2023-01-31 06004670 core:OtherResidualIntangibleAssets 2023-02-01 2024-01-31 06004670 core:OtherResidualIntangibleAssets 2024-01-31 06004670 core:OtherResidualIntangibleAssets 2023-01-31 06004670 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 06004670 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 06004670 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-01-31 06004670 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 06004670 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 06004670 core:Non-currentFinancialInstruments 2024-01-31 06004670 core:Non-currentFinancialInstruments 2023-01-31 06004670 core:ShareCapital 2024-01-31 06004670 core:ShareCapital 2023-01-31 06004670 core:RetainedEarningsAccumulatedLosses 2024-01-31 06004670 core:RetainedEarningsAccumulatedLosses 2023-01-31 06004670 dpl:Item1 2023-02-01 06004670 dpl:Item1 2024-01-31 06004670 dpl:Item1 2022-02-01 06004670 dpl:Item1 2023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 06004670
England and Wales

 

 

 

DRIVE BOTSWANA LTD


Unaudited Accounts
 


Period of accounts

Start date: 01 February 2023

End date: 31 January 2024
Directors Andrew RAGGETT
Dimpho RAGGETT
Hannah Victoria RAGGETT
Philip RAGGETT
Registered Number 06004670
Registered Office 34 Birch Valley Road
Kidsgrove
Stoke-on-Trent
ST7 4GN
Accountants AP Accountancy Ltd
34 Birch Valley Road
Kidsgrove
Stoke-on-Trent
ST7 4GN
1
Director's report and financial statements
The directors present their annual report and the financial statements for the year ended 31 January 2024.
Principal activities
The principal activity of the company during the year was the provision of self drive holidays in Botswana, Namibia, Zambia and South Africa
Directors
The directors who served the company throughout the period were as follows:
Andrew RAGGETT
Dimpho RAGGETT
Hannah Victoria RAGGETT
Philip RAGGETT
Statement of directors' responsibilities
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the they have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the companys transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:


----------------------------------
Andrew RAGGETT
Director

Date approved: 26 October 2024
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Investments 4 2    2 
2    2 
Current assets      
Debtors: amounts falling due within one year 5 386,142    435,097 
Investments 6 37,279    12,919 
Cash at bank and in hand 109,523    166,519 
532,944    614,535 
Creditors: amount falling due within one year 7 (523,002)   (603,832)
Net current assets 9,942    10,703 
 
Total assets less current liabilities 9,944    10,705 
Creditors: amount falling due after more than one year 8 (35,000)   (55,000)
Net assets (25,056)   (44,295)
 

Capital and reserves
     
Called up share capital 20    20 
Profit and loss account (25,076)   (44,315)
Shareholders' funds (25,056)   (44,295)
 


For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 26 October 2024 and were signed on its behalf by:


-------------------------------
Philip RAGGETT
Director
3
General Information
Drive Botswana Ltd is a private company, limited by shares, registered in England and Wales, registration number 06004670, registration address 34 Birch Valley Road, Kidsgrove, Stoke-on-Trent, ST7 4GN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Current asset investments
Current asset investments are stated at the lower of cost and net realisable value.
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.

Average number of employees

Average number of employees during the year was 4 (2023 : 4).
3.

Intangible fixed assets

Cost Other   Total
  £   £
At 01 February 2023 3,347    3,347 
Additions  
Disposals  
At 31 January 2024 3,347    3,347 
Amortisation
At 01 February 2023 3,347    3,347 
Charge for year  
On disposals  
At 31 January 2024 3,347    3,347 
Net book values
At 31 January 2024  
At 31 January 2023  


4.

Investments

Cost Investments in group undertakings   Total
  £   £
At 01 February 2023 2    2 
Additions  
Transfer to/from tangible fixed assets  
Disposals  
At 31 January 2024 2    2 

5.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 339,351    398,902 
Amount Owed by Group Undertakings 10,732    10,731 
Other Debtors 36,059    25,464 
386,142    435,097 

6.

Investments

2024
£
  2023
£
Other Investments - Unlisted - Cost b/fwd 37,279    12,919 
37,279    12,919 

7.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 476,862    567,612 
Bank Loans & Overdrafts 20,000    20,000 
Corporation Tax 20,931    8,369 
Other Creditors 5,209    7,851 
523,002    603,832 

8.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts 35,000    55,000 
35,000    55,000 

4