Company Registration No. 11259448 (England and Wales)
Drive On Time Limited
Unaudited accounts
for the year ended 31 March 2025
Drive On Time Limited
Company Information
for the year ended 31 March 2025
Director
Alexandru Ilie Dachim
Company Number
11259448 (England and Wales)
Registered Office
23 Pine Close,
Lutterworth
LE17 4UT
ENGLAND
Drive On Time Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
784
(1)
Creditors: amounts falling due within one year
-
(3,354)
Net current assets/(liabilities)
4,796
(3,355)
Total assets less current liabilities
12,796
4,645
Creditors: amounts falling due after more than one year
(15,430)
-
Net (liabilities)/assets
(2,634)
4,645
Called up share capital
1
1
Profit and loss account
(2,635)
4,644
Shareholders' funds
(2,634)
4,645
For the year ending 31 March 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 18 July 2025 and were signed on its behalf by
Alexandru Ilie Dachim
Director
Company Registration No. 11259448
Drive On Time Limited
Notes to the Accounts
for the year ended 31 March 2025
Drive On Time Limited is a private company, limited by shares, registered in England and Wales, registration number 11259448. The registered office is 23 Pine Close,, Lutterworth, LE17 4UT, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Other investments
Valuation at 1 April 2024
8,000
Valuation at 31 March 2025
8,000
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
1,716
Loans from directors
-
1,638
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Drive On Time Limited
Notes to the Accounts
for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).