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REGISTERED NUMBER: 02461620 (England and Wales)

















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

THE INTERNATIONAL ORGANISATION OF
PROFESSIONAL DRIVERS LIMITED

THE INTERNATIONAL ORGANISATION OF
PROFESSIONAL DRIVERS LIMITED (REGISTERED NUMBER: 02461620)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE INTERNATIONAL ORGANISATION OF
PROFESSIONAL DRIVERS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mr Stephen Murty
Mr Christopher John Thomas Murty
Mr Michael Simon Murty





SECRETARY: Mrs Miranda Leone Murty





REGISTERED OFFICE: The Motor Centre
Sandbed
Hebden Bridge
West Yorkshire
HX7 6PT





REGISTERED NUMBER: 02461620 (England and Wales)





ACCOUNTANTS: Cresswells
12 Market Sreet
Hebden Bridge
HX7 6AD

THE INTERNATIONAL ORGANISATION OF
PROFESSIONAL DRIVERS LIMITED (REGISTERED NUMBER: 02461620)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,598 17,429

CURRENT ASSETS
Debtors 5 2,487 15,385
Cash at bank 102,064 90,830
104,551 106,215
CREDITORS
Amounts falling due within one year 6 39,689 34,784
NET CURRENT ASSETS 64,862 71,431
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,460

88,860

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 81,458 88,858
SHAREHOLDERS' FUNDS 81,460 88,860

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 2 December 2024 and were signed on its behalf by:





Mr Christopher John Thomas Murty - Director


THE INTERNATIONAL ORGANISATION OF
PROFESSIONAL DRIVERS LIMITED (REGISTERED NUMBER: 02461620)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

The International Organisation Of Professional Drivers Limited 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 (£).


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, fees and commissions
The turnover, fees and commissions and profit before taxation are attributable to the one principal activity of the company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - over 20 years
Plant and machinery - over 10 years
Computer equipment - over 3 years

Taxation
Taxation for the year 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.

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 - 5 ) .

THE INTERNATIONAL ORGANISATION OF
PROFESSIONAL DRIVERS LIMITED (REGISTERED NUMBER: 02461620)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 April 2023 17,425 1,352 2,178 20,955
Additions 870 - - 870
Disposals (828 ) - - (828 )
At 31 March 2024 17,467 1,352 2,178 20,997
DEPRECIATION
At 1 April 2023 - 1,351 2,175 3,526
Charge for year 873 - - 873
At 31 March 2024 873 1,351 2,175 4,399
NET BOOK VALUE
At 31 March 2024 16,594 1 3 16,598
At 31 March 2023 17,425 1 3 17,429

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by associated
companies

756

605
Directors' current accounts - 13,049
Prepayments and accrued income 1,731 1,731
2,487 15,385

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 8,427 7,746
Social security and other taxes 943 931
Pension 37 37
Directors' current accounts 2,033 -
Accrued expenses 28,249 26,070
39,689 34,784

7. CALLED UP SHARE CAPITAL

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

THE INTERNATIONAL ORGANISATION OF
PROFESSIONAL DRIVERS LIMITED (REGISTERED NUMBER: 02461620)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

8. RESERVES
Retained
earnings
£   

At 1 April 2023 88,858
Profit for the year 30,100
Dividends (37,500 )
At 31 March 2024 81,458

9. RELATED PARTY DISCLOSURES

The company was owed £756 (2023: £605) by York Raceway Ltd, a director is a director and shareholder in this company.