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Company Registration No. 14630501 (England and Wales)
GOLD STANDARD DRIVING LTD Unaudited accounts for the year ended 28 February 2025
GOLD STANDARD DRIVING LTD Unaudited accounts Contents
Page
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GOLD STANDARD DRIVING LTD Company Information for the year ended 28 February 2025
Director
Ammar Rafiq
Company Number
14630501 (England and Wales)
Registered Office
203 West Street Fareham PO16 0EN England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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GOLD STANDARD DRIVING LTD Accountants' report
Accountants' report to the director of GOLD STANDARD DRIVING LTD on the preparation of the unaudited statutory accounts for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GOLD STANDARD DRIVING LTD for the year ended 28 February 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of GOLD STANDARD DRIVING LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of GOLD STANDARD DRIVING LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GOLD STANDARD DRIVING LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that GOLD STANDARD DRIVING LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of GOLD STANDARD DRIVING LTD. You consider that GOLD STANDARD DRIVING LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of GOLD STANDARD DRIVING LTD. For this reason, 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 accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 2 April 2025
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GOLD STANDARD DRIVING LTD Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,322 
12,724 
Current assets
Debtors
4,301 
- 
Cash at bank and in hand
7,023 
5,394 
11,324 
5,394 
Creditors: amounts falling due within one year
(51,139)
(18,117)
Net current liabilities
(39,815)
(12,723)
Net (liabilities)/assets
(28,493)
1 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(28,494)
- 
Shareholders' funds
(28,493)
1 
For the year ending 28 February 2025 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 his 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 2 April 2025 and were signed on its behalf by
Ammar Rafiq Director Company Registration No. 14630501
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GOLD STANDARD DRIVING LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
GOLD STANDARD DRIVING LTD is a private company, limited by shares, registered in England and Wales, registration number 14630501. The registered office is 203 West Street, Fareham, PO16 0EN, 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:
Motor vehicles
25% Reducing Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2024
10,000 
6,674 
16,674 
Additions
- 
2,290 
2,290 
At 28 February 2025
10,000 
8,964 
18,964 
Depreciation
At 1 March 2024
1,788 
2,162 
3,950 
Charge for the year
1,468 
2,224 
3,692 
At 28 February 2025
3,256 
4,386 
7,642 
Net book value
At 28 February 2025
6,744 
4,578 
11,322 
At 28 February 2024
8,212 
4,512 
12,724 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
4,301 
- 
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GOLD STANDARD DRIVING LTD Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
- 
4,301 
Loans from directors
50,955 
13,581 
Accruals
184 
235 
51,139 
18,117 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Ammar Rafiq
Directors Loan Account
(13,580)
(136,375)
(99,000)
(50,955)
(13,580)
(136,375)
(99,000)
(50,955)
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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