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Company Registration No. 10303245 (England and Wales)
Drivebyads Limited Unaudited accounts for the year ended 31 July 2024
Drivebyads Limited Unaudited accounts Contents
Page
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Drivebyads Limited Company Information for the year ended 31 July 2024
Director
J R Quinn
Company Number
10303245 (England and Wales)
Registered Office
7 CARRIAGEWORKS DOGPOLE SHREWSBURY SHROPSHIRE SY1 1EZ ENGLAND
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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Drivebyads Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,161 
15,626 
Current assets
Cash at bank and in hand
24,321 
17,518 
Creditors: amounts falling due within one year
(30,034)
(19,941)
Net current liabilities
(5,713)
(2,423)
Total assets less current liabilities
5,448 
13,203 
Provisions for liabilities
Deferred tax
(2,121)
(2,969)
Net assets
3,327 
10,234 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,326 
10,233 
Shareholders' funds
3,327 
10,234 
For the year ending 31 July 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 March 2025 and were signed on its behalf by
J R Quinn Director Company Registration No. 10303245
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Drivebyads Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Drivebyads Limited is a private company, limited by shares, registered in England and Wales, registration number 10303245. The registered office is 7 CARRIAGEWORKS, DOGPOLE, SHREWSBURY, SHROPSHIRE, SY1 1EZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum reducing balance
Motor vehicles
25% per annum on cost
Fixtures & fittings
10% per annum reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
8,660 
19,200 
11,816 
39,676 
Additions
- 
- 
879 
879 
At 31 July 2024
8,660 
19,200 
12,695 
40,555 
Depreciation
At 1 August 2023
3,750 
16,764 
3,536 
24,050 
Charge for the year
1,228 
1,612 
2,504 
5,344 
At 31 July 2024
4,978 
18,376 
6,040 
29,394 
Net book value
At 31 July 2024
3,682 
824 
6,655 
11,161 
At 31 July 2023
4,910 
2,436 
8,280 
15,626 
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Drivebyads Limited Notes to the Accounts for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
207 
145 
Taxes and social security
9,343 
18,432 
Loans from directors
19,589 
264 
Accruals
895 
1,100 
30,034 
19,941 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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