PASSASSURED LIMITED

Company Registration Number:
12475819 (England and Wales)

Unaudited micro entity accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

PASSASSURED LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

PASSASSURED LIMITED

Company Information

for the Period Ended 29 February 2024




Director: Olusegun Okpara Aikhena
Registered office: Kemp House
160 City Road
London
England
EC1V 2NX
Company Registration Number: 12475819 (England and Wales)

PASSASSURED LIMITED

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal Activities

Providing Driving Training Sessions and Driving School

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
Olusegun Okpara Aikhena

This report was approved by the board of directors on 25 November 2024
And Signed On Behalf Of The Board By:

Name: Olusegun Okpara Aikhena
Status: Director

PASSASSURED LIMITED

Profit and Loss Account

for the Period Ended 29 February 2024


2024
£

2023
£
Turnover 70,730 64,491
Income from coronavirus (COVID-19) business support grants 0 0
Other Income 0 0
Cost of Materials ( 0 ) ( 0 )
Staff Costs ( 38,902 ) ( 35,470 )
Depreciation and Writeoffs ( 3,684 ) ( 19,067 )
Other charges ( 31,562 ) ( 27,940 )
Profit or (Loss) for Period ( 3,418 ) ( 17,986 )

PASSASSURED LIMITED

Balance sheet

As at 29 February 2024


2024
£

2023
£
Called up share capital not paid: 0 0
Fixed Assets: 8,597 12,282
Current assets: 16,490 19,264
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 39,634 ) ( 38,990 )
Net current assets (liabilities): ( 23,144 ) ( 19,726 )
Total assets less current liabilities: ( 14,547 ) ( 7,444 )
Creditors: amounts falling due after more than one year: ( 8,597 ) ( 12,282 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 23,144 ) ( 19,726 )
Capital and reserves: ( 23,144 ) ( 19,726 )

PASSASSURED LIMITED

Balance sheet continued

For the year ending 29 February 2024 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.

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 25 November 2024
And Signed On Behalf Of The Board By:

Name: Olusegun Okpara Aikhena
Status: Director

The notes form part of these financial statements

PASSASSURED LIMITED

Footnotes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Employee Information

    Average number of employees: 1

PASSASSURED LIMITED

Footnotes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Off balance sheet disclosure

    No