Company Registration No. 10300199 (England and Wales)
DRIVESAFEUK LTD
Unaudited accounts
for the year ended 31 July 2025
DRIVESAFEUK LTD
Unaudited accounts
Contents
DRIVESAFEUK LTD
Statement of financial position
as at 31 July 2025
Tangible assets
571,291
314,776
Cash at bank and in hand
2,898
9,108
Creditors: amounts falling due within one year
(13,904)
(4,783)
Net current (liabilities)/assets
(11,006)
4,325
Total assets less current liabilities
560,285
319,101
Creditors: amounts falling due after more than one year
(457,241)
(220,609)
Called up share capital
2
2
Profit and loss account
103,042
98,490
Shareholders' funds
103,044
98,492
For the year ending 31 July 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 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 25 September 2025 and were signed on its behalf by
Maria Mioara Grigorescu
Director
Company Registration No. 10300199
DRIVESAFEUK LTD
Notes to the Accounts
for the year ended 31 July 2025
DRIVESAFEUK LTD is a private company, limited by shares, registered in England and Wales, registration number 10300199. The registered office is 20 BIRCHDALE AVENUE, KEMPSTON, BEDFORD, UNITED KINGDOM, MK42 8NU, UNITED KINGDOM.
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.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
313,600
647
529
314,776
Additions
309,135
-
-
309,135
Disposals
(52,620)
-
-
(52,620)
At 31 July 2025
570,115
647
529
571,291
At 31 July 2025
570,115
647
529
571,291
At 31 July 2024
313,600
647
529
314,776
5
Creditors: amounts falling due within one year
2025
2024
6
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
457,241
220,609
DRIVESAFEUK LTD
Notes to the Accounts
for the year ended 31 July 2025
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).