Driver Education Group Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14734498

		5 April 2025		5 April 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,163		352
Investments	5		200		201

			2,363		553
CURRENT ASSETS
Debtors	6	7,528		6,645
Cash at bank and in hand		1,184		691

		8,712		7,336
Creditors: Amounts Falling Due Within One Year	7	(12,712 )		(8,256 )

NET CURRENT ASSETS (LIABILITIES)			(4,000 )		(920 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(1,637 )		(367 )

NET LIABILITIES			(1,637 )		(367 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(1,737 )		(467 )

SHAREHOLDERS' FUNDS			(1,637)		(367)

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Driver Education Group Ltd

Balance Sheet (continued)

As At 5 April 2025

For the year ending 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Shaun Day

Director

10/11/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Driver Education Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14734498 . The registered office is Office 14, Towyside Offices, Old Station Road, Carmarthen, Carmarthenshire, SA31 1JN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% reducing balance basis

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 6 April 2024	469
Additions	2,532

As at 5 April 2025	3,001

Depreciation
As at 6 April 2024	117
Provided during the period	721

As at 5 April 2025	838

Net Book Value
As at 5 April 2025	2,163

As at 6 April 2024	352

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Driver Education Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2025

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 6 April 2024	201
Disposals	(1 )

As at 5 April 2025	200

Provision
As at 6 April 2024	-

As at 5 April 2025	-

Net Book Value
As at 5 April 2025	200

As at 6 April 2024	201

6. Debtors

	5 April 2025	5 April 2024
	£	£
Due within one year
Trade debtors	722	-
Amounts owed by group undertakings	4,800	4,799
Other debtors	2,006	1,846

	7,528	6,645

7. Creditors: Amounts Falling Due Within One Year

	5 April 2025	5 April 2024
	£	£
Other creditors	12,712	8,256

8. Share Capital

	5 April 2025	5 April 2024
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

1. Controlling Party

The ultimate controlling party of Driver Education Group Ltd is Mr Shaun Day, who owns 100% of the issued share capital of the company.

2. Transactions with Subsidiary Undertakings

Driver Education Group Ltd owns 100% of the issued share capital in its subsidiaries:

Shaun Day Driving School Franchise Ltd and Driving School Network Ltd.

During the year, the following transactions occurred with these subsidiaries:

Management fees charged by Driver Education Group Ltd:

Shaun Day Driving School Franchise Ltd: £2,895 (2024 : £2,100)

Driving School Network Ltd: £4,090 (2024 : £1,050)

...CONTINUED

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Driver Education Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2025

9. Related Party Transactions - continued

At the reporting date, the following amounts were receivable from these subsidiaries:

Shaun Day Driving School Franchise Ltd: £2,900 (2024 : £1,900)

Driving School Network Ltd: £1,900 (2024 : £1,900)

The balances are unsecured, interest-free, and repayable on demand.

3. Transactions with the Director

Mr Shaun Day, the director and sole shareholder of Driver Education Group Ltd, was owed £11,074 (2024 : £8,006) by the company at the reporting date. The amount is unsecured, interest-free, and repayable on demand.

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