Company registration number: 10933153
Unaudited financial statements
for the year ended 31 July 2025
for
12 The Drive Ltd
Pages for filing with the Registrar
Company registration number: 10933153
12 The Drive Ltd
Balance sheet
as at 31 July 2025
2025 2024
£ £ £ £
Fixed assets 433,235 433,235
Current assets 707 803
Creditors: amounts falling due within one year (355,069) (368,272)
Net current liabilities (354,362) (367,469)
Total assets less current liabilities 78,873 65,766
Creditors: amounts falling due after more than
one year 		(6,300) (7,880)
NET ASSETS 72,573 57,886
CAPITAL AND RESERVES 72,573 57,886
Notes
1 Company information
12 The Drive Ltd is a private company registered in England and Wales. Its registered number is 10933153. The company is limited by shares. Its registered office is 6th Floor 99 Gresham Street, London, EC2V 7NG.
2 Average number of employees
During the year the average number of employees was 3 (2024 - 3).
3 Advances, credit and guarantees granted to directors
At 31 July 2025, an amount of £350,131 was due to the directors from the company. This balance is
unsecured, interest-free and repayable on demand. The amount is classified as a current liability within
the financial statements.
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 July 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10933153
12 The Drive Ltd
Balance sheet - continued
as at 31 July 2025
The financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the Board of directors and authorised for issue on 17 November 2025 and signed on its behalf by:
Mr S Bux, Director
17 November 2025
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