Registration number: 10540331

Companion Driving Services Ltd

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 8

Companion Driving Services Ltd

Company Information

Directors

Mrs RT Staddon Mr JJ Staddon

Registered office

9 Waterside Way Bersted Park Bognor Regis West Sussex PO21 5FQ

Accountants

Blue Spire Limited Chartered AccountantsCawley Priory South Pallant Chichester West Sussex PO19 1SY

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Companion Driving Services Ltd
for the Year Ended 31 May 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Companion Driving Services Ltd for the year ended 31 May 2025 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Companion Driving Services Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Companion Driving Services Ltd and state those matters that we have agreed to state to the Board of Directors of Companion Driving Services Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Companion Driving Services Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Companion Driving Services 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 profit of Companion Driving Services Ltd. You consider that Companion Driving Services 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 Companion Driving Services 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.

......................................

Blue Spire Limited
Chartered Accountants
Cawley Priory
South Pallant
Chichester
West Sussex
PO19 1SY

29 September 2025

Companion Driving Services Ltd

(Registration number: 10540331)
Balance Sheet as at 31 May 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	7,613	9,036
Tangible assets	5	2,962	3,949
		10,575	12,985
Current assets
Debtors	6	689	1,690
Cash at bank and in hand		7,613	2,468
		8,302	4,158
Creditors within 1yr		(33,297)	(38,259)
Net current liabilities		(24,995)	(34,101)
Total assets less current liabilities		(14,420)	(21,116)
Loans and borrowings		-	2,000
Net liabilities		(14,420)	(23,116)
Capital and reserves
Called up share capital	8	10	10
Retained earnings		(14,430)	(23,126)
Shareholders' deficit		(14,420)	(23,116)

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 September 2025 and signed on its behalf by:
 

......................................... Mrs RT Staddon Director

......................................... Mr JJ Staddon Director

Companion Driving Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
9 Waterside Way
Bersted Park
Bognor Regis
West Sussex
PO21 5FQ

These financial statements were authorised for issue by the Board on 29 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% Reducing balance
Computer equipment	25% Straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Franchise licence	15 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Companion Driving Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Companion Driving Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 June 2024	17,150	17,150
At 31 May 2025	17,150	17,150
Amortisation
At 1 June 2024	8,114	8,114
Amortisation charge	1,423	1,423
At 31 May 2025	9,537	9,537
Carrying amount
At 31 May 2025	7,613	7,613
At 31 May 2024	9,036	9,036

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 June 2024	460	25,791	26,251
At 31 May 2025	460	25,791	26,251
Depreciation
At 1 June 2024	460	21,842	22,302
Charge for the year	-	987	987
At 31 May 2025	460	22,829	23,289
Carrying amount
At 31 May 2025	-	2,962	2,962
At 31 May 2024	-	3,949	3,949

6

Debtors

Current	2025 £	2024 £
Trade debtors	689	1,690
	689	1,690

Companion Driving Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	2,000	2,000
Trade creditors		257	236
Accruals and deferred income		780	780
Other creditors		30,260	35,243
		33,297	38,259

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	-	2,000

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Oridinary shares of £1 each	10	10	10	10

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	2,000

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	2,000	2,000

Companion Driving Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

10	Related party transactions

Transactions with directors

2025	At 1 June 2024 £	Advances to director £	Repayments by director £	At 31 May 2025 £
Balance owed (to)/from directors	(35,242)	18,425	(13,441)	(30,258)

2024	At 1 June 2023 £	Advances to director £	Repayments by director £	At 31 May 2024 £
Balance owed (to)/from directors	(40,754)	23,711	(18,200)	(35,242)