CUMBRIA DRIVING ACADEMY LTD

Company Registration Number:
14393234 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

CUMBRIA DRIVING ACADEMY LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

CUMBRIA DRIVING ACADEMY LTD

Company Information

for the Period Ended 31 October 2024




Director: Graeme McCormick
Registered office: Flat Post Office
The Crescent
Thornhill
Egremont
GBR
CA22 2SP
Company Registration Number: 14393234 (England and Wales)

CUMBRIA DRIVING ACADEMY LTD

Directors' Report Period Ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal Activities

The companies principal activity during this period was teaching people to drive

Directors

The directors shown below have held office during the whole of the period from 01 November 2023 to 31 October 2024
Graeme McCormick

This report was approved by the board of directors on 29 July 2025
And Signed On Behalf Of The Board By:

Name: Graeme McCormick
Status: Director

CUMBRIA DRIVING ACADEMY LTD

Profit and Loss Account

for the Period Ended 31 October 2024


Notes

2024
£
13 months to
31 Oct 2023
£
Turnover 26,428 28,954
Cost of sales ( 18,472 ) ( 16,596 )
Gross Profit or (Loss) 7,956 12,358
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 478 ) ( 506 )
Other operating income 0 0
Operating Profit or (Loss) 7,478 11,852
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 358 ) ( 0 )
Profit or (Loss) Before Tax 7,120 11,852
Tax on Profit ( 1,353 ) ( 2,252 )
Profit or (Loss) for Period 5,767 9,600

The notes form part of these financial statements

CUMBRIA DRIVING ACADEMY LTD

Balance sheet

As at 31 October 2024


Notes

2024
£
13 months to
31 Oct 2023
£
Fixed assets
Intangible assets: 4 10,600 9,800
Tangible assets: 5 1,420 3,560
Total fixed assets: 12,020 13,360
Current assets
Stocks: 0 0
Cash at bank and in hand: 2,360 1,760
Total current assets: 2,360 1,760
Net current assets (liabilities): 2,360 1,760
Total assets less current liabilities: 14,380 15,120
Creditors: amounts falling due after more than one year: 6 ( 6,240 ) ( 5,380 )
Provision for liabilities: ( 2,500 ) ( 2,500 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 5,640 7,240

The notes form part of these financial statements

CUMBRIA DRIVING ACADEMY LTD

Balance sheet continued

As at 31 October 2024


Notes

2024
£
13 months to
31 Oct 2023
£
Capital and reserves
Called up share capital: 100 10
Revaluation reserve: 7 5,540 7,230
Profit and loss account: 0 0
Shareholders funds: 5,640 7,240

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 29 July 2025
And Signed On Behalf Of The Board By:

Name: Graeme McCormick
Status: Director

The notes form part of these financial statements

CUMBRIA DRIVING ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CUMBRIA DRIVING ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024
    13 months to
    31 Oct 2023
    Average number of employees during the period 1 1

CUMBRIA DRIVING ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

CUMBRIA DRIVING ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Intangible assets

Goodwill Other Total
Cost £ £ £
At 01 November 2023 9,800 - 9,800
Additions 800 - 800
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 October 2024 10,600 - 10,600
Amortisation
Amortisation at 01 November 2023 - - -
Charge for year - - -
On disposals - - -
Other adjustments - - -
Amortisation at 31 October 2024 - - -
Net book value
Net book value at 31 October 2024 10,600 - 10,600
Net book value at 31 October 2023 9,800 - 9,800

CUMBRIA DRIVING ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 November 2023 3,560 3,560
Additions - -
Disposals ( 2,140 ) ( 2,140 )
Revaluations - -
Transfers - -
At 31 October 2024 1,420 1,420
Depreciation
At 01 November 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 October 2024 - -
Net book value
At 31 October 2024 1,420 1,420
At 31 October 2023 3,560 3,560

CUMBRIA DRIVING ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

6.Creditors: amounts falling due after more than one year


2024
£
13 months to
31 Oct 2023
£
Amounts due under finance leases and hire purchase contracts 3,840 5,380
Other creditors 2,400 0
Total 6,240 5,380

CUMBRIA DRIVING ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

7. Revaluation reserve


2024
£
Balance at 01 November 2023 7,230
Surplus or deficit after revaluation ( 1,690 )
Balance at 31 October 2024 5,540