REGISTERED NUMBER: 14180164 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Driven 2 Succeed Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs H E Barker

L Barker

REGISTERED OFFICE:

54 Corbyns Hall Road

Brierley Hill

DY5 4QU

REGISTERED NUMBER:

14180164 (England and Wales)

ACCOUNTANTS:

Dalton Pardoe Limited

Chartered Accountants

794 High Street

Kingswinford

West Midlands

DY6 8BQ

FIXED ASSETS

Tangible assets

4

12,985

7,212

CURRENT ASSETS

Debtors

5

380

1,529

Cash at bank

9,684

4,096

10,064

5,625

CREDITORS

Amounts falling due within one year

6

16,381

9,352

NET CURRENT LIABILITIES

(6,317

)

(3,727

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,668

3,485

PROVISIONS FOR LIABILITIES

2,467

-

NET ASSETS

4,201

3,485

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

8

4,199

3,483

SHAREHOLDERS' FUNDS

4,201

3,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 16 October 2025 and were signed on its behalf by:

Mrs H E Barker - Director

1.	STATUTORY INFORMATION

Driven 2 Succeed Ltd 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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2024

209

12,611

-

12,820

Additions

947

15,150

1,099

17,196

Disposals

-

(12,611

)

-

(12,611

)

At 30 June 2025

1,156

15,150

1,099

17,405

DEPRECIATION

At 1 July 2024

91

5,517

-

5,608

Charge for year

266

3,788

275

4,329

Eliminated on disposal

-

(5,517

)

-

(5,517

)

At 30 June 2025

357

3,788

275

4,420

NET BOOK VALUE

At 30 June 2025

799

11,362

824

12,985

At 30 June 2024

118

7,094

-

7,212

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Other debtors

303

303

Prepayments and accrued income

77

1,226

380

1,529

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Tax

3,120

4,384

Social security and other taxes

284

-

Directors' current accounts

12,428

4,428

Accrued expenses

549

540

16,381

9,352

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

1

Ordinary

£1

1

2

1

Ordinary

£1

1

-

2

2

8.

RESERVES

Retained

earnings

£

At 1 July 2024

3,483

Profit for the year

16,469

Dividends

(15,753

)

At 30 June 2025

4,199

9.	RELATED PARTY DISCLOSURES

The company paid dividends to its directors in the year under review as follows:

Mrs H E Barker £15,753

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the two directors who each hold 50 % of the share capital.