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Registered Number: 15130273


 

 

 

TRIPLE R DRIVING SCHOOL LTD


Abridged Accounts
 


Period of accounts

Start date: 11 September 2023

End date: 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Triple R Driving School Ltd for the period ended 30 September 2024 which comprise the income statement, the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given to us.

We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Board of directors of Triple R Driving School Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Triple R Driving School Ltd and state those matters that we have agreed to state to the Board of directors of Triple R Driving School Ltd.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Triple R Driving School Ltd and its Board of directors, as a body, for our work or for this report.

It is your duty to ensure that Triple R Driving School Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the company's assets, liabilities, financial position and profit . You consider that Triple R Driving School Ltd is exempt from the statutory audit requirement for the year.



....................................................

Michael D Nichols Ltd

West Suite, 1 Tolherst Court,
Turkey Mill, Ashford Road,
Maidstone
ME14 5SF
13 January 2025
1
 
 
Notes
 
2024
£
Fixed assets    
Tangible fixed assets 3 12,881 
12,881 
Current assets    
Cash at bank and in hand 479 
Creditors: amount falling due within one year (4,623)
Net current assets (4,144)
 
Total assets less current liabilities 8,737 
Creditors: amount falling due after more than one year (8,269)
Net assets 468 
 

Capital and reserves
   
Called up share capital 4 1 
Profit and loss account 467 
Shareholders' funds 468 
 


For the period ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The director acknowledges 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 13 January 2025 and were signed by:


-------------------------------
Rhys Taylor
Director
2
General Information
Triple R Driving School Ltd is a private company, limited by shares, registered in , registration number 15130273, registration address 22 Suffield Close, Long Stratton, Norwich, NR15 2JL.

The presentation currency is £ sterling.
1.

Accounting policies

Basis of preparation
Statement of compliance These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, net of discounts and value added taxes.
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.

Current taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The companys liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated capital and reserves in respect of that asset, the excess is recognised in profit or loss.


Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over the useful lives on the following basis:
Motor Vehicles 25% Reducing Balance
2.

Average number of employees

Average number of employees during the period was 1.
3.

Tangible fixed assets

Cost or valuation Motor Vehicles   Total
  £   £
At 11 September 2023  
Additions 17,175    17,175 
Disposals  
At 30 September 2024 17,175    17,175 
Depreciation
At 11 September 2023  
Charge for period 4,294    4,294 
On disposals  
At 30 September 2024 4,294    4,294 
Net book values
Closing balance as at 30 September 2024 12,881    12,881 
Opening balance as at 11 September 2023  


4.

Share Capital

Allotted, called up and fully paid
2024
£
1 Class A share of £1.00 each

3