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REGISTERED NUMBER: 09506178 (England and Wales)

















Unaudited Financial Statements

for the Period 31 March 2023 to 29 September 2024

for

Your Driveway Ltd

Your Driveway Ltd (Registered number: 09506178)






Contents of the Financial Statements
for the Period 31 March 2023 to 29 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Your Driveway Ltd

Company Information
for the Period 31 March 2023 to 29 September 2024







DIRECTORS: Mr D Liversidge
Mr C Liversidge





REGISTERED OFFICE: 33 St. Philips Avenue
Middleton
LEEDS
West Yorkshire
LS10 3SJ





REGISTERED NUMBER: 09506178 (England and Wales)





ACCOUNTANTS: Lishmans LLP
16-18 Station Road
Chapeltown
Sheffield
South Yorkshire
S35 2XH

Your Driveway Ltd (Registered number: 09506178)

Balance Sheet
29 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,315 36,664

CURRENT ASSETS
Stocks 3,896 3,328
Debtors 5 17,691 43,524
Cash at bank 74,626 56,267
96,213 103,119
CREDITORS
Amounts falling due within one year 6 87,964 36,601
NET CURRENT ASSETS 8,249 66,518
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,564

103,182

CREDITORS
Amounts falling due after more than
one year

7

(15,244

)

(4,129

)

PROVISIONS FOR LIABILITIES 8 (8,800 ) (6,966 )
NET ASSETS 30,520 92,087

Your Driveway Ltd (Registered number: 09506178)

Balance Sheet - continued
29 September 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 30,516 92,083
SHAREHOLDERS' FUNDS 30,520 92,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 1 December 2024 and were signed on its behalf by:




Mr C Liversidge - Director



Mr D Liversidge - Director


Your Driveway Ltd (Registered number: 09506178)

Notes to the Financial Statements
for the Period 31 March 2023 to 29 September 2024

1. STATUTORY INFORMATION

Your Driveway 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.

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 each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance basis
Fixtures and fittings - 15% on reducing balance basis
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Your Driveway Ltd (Registered number: 09506178)

Notes to the Financial Statements - continued
for the Period 31 March 2023 to 29 September 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 2 (2023 - 2 ) .

Your Driveway Ltd (Registered number: 09506178)

Notes to the Financial Statements - continued
for the Period 31 March 2023 to 29 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 March 2023 62,532
Additions 32,750
Disposals (5,000 )
At 29 September 2024 90,282
DEPRECIATION
At 31 March 2023 25,868
Charge for period 19,899
Eliminated on disposal (1,800 )
At 29 September 2024 43,967
NET BOOK VALUE
At 29 September 2024 46,315
At 30 March 2023 36,664

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,680 37,075
Other debtors 6,011 6,449
17,691 43,524

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 10,265 2,500
Trade creditors 30,754 14,931
Taxation and social security 19,546 13,825
Other creditors 27,399 5,345
87,964 36,601

Your Driveway Ltd (Registered number: 09506178)

Notes to the Financial Statements - continued
for the Period 31 March 2023 to 29 September 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 15,244 4,129

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 8,800 6,966

Deferred
tax
£   
Balance at 31 March 2023 6,966
Provided during period 1,834
Profit and loss
Balance at 29 September 2024 8,800