REGISTERED NUMBER: 09611548 (England and Wales)

Unaudited Financial Statements

for the Period 1 June 2024 to 31 March 2025

for

Driven By Two Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Wiggins

L V Wiggins

REGISTERED OFFICE:

2 Clifton Moor Business Village

James Nicolson Link

York

North Yorkshire

YO30 4XG

REGISTERED NUMBER:

09611548 (England and Wales)

ACCOUNTANTS:

Beckingtons

2 Clifton Moor Business

Village

James Nicolson Link

York

North Yorkshire

YO30 4XG

FIXED ASSETS

Tangible assets

4

-

605

CURRENT ASSETS

Debtors

5

476

-

Cash at bank and in hand

569

539

1,045

539

CREDITORS

Amounts falling due within one year

6

17,626

16,581

NET CURRENT LIABILITIES

(16,581

)

(16,042

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(16,581

)

(15,437

)

CREDITORS

Amounts falling due after more than one year

7

-

3,069

NET LIABILITIES

(16,581

)

(18,506

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

(16,583

)

(18,508

)

SHAREHOLDERS' FUNDS

(16,581

)

(18,506

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by:

G Wiggins - Director

1.	STATUTORY INFORMATION

Driven By Two Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 June 2024

1,869

Disposals

(1,869

)

At 31 March 2025

-

DEPRECIATION

At 1 June 2024

1,264

Charge for period

202

Eliminated on disposal

(1,466

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 May 2024

605

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.5.24

£

£

Other debtors

476

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.5.24

£

£

Bank loans and overdrafts

-

2,833

Taxation and social security

-

158

Other creditors

17,626

13,590

17,626

16,581

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.5.24

£

£

Bank loans

-

3,069

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.5.24

value:

£

£

2

Ordinary

£1

2

2