REGISTERED NUMBER: 06145561 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Stirling Driver Services Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

M A Camps

REGISTERED OFFICE:

15 Headley Court

Kingsway

Gloucester

GL2 2BN

REGISTERED NUMBER:

06145561 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

Barclays Bank Plc

Leicester

LE87 2BB

FIXED ASSETS

Tangible assets

4

15,925

4,816

CURRENT ASSETS

Debtors

5

852

4,664

Cash at bank

2,416

3,277

3,268

7,941

CREDITORS

Amounts falling due within one year

6

8,393

7,567

NET CURRENT (LIABILITIES)/ASSETS

(5,125

)

374

TOTAL ASSETS LESS CURRENT LIABILITIES

10,800

5,190

CREDITORS

Amounts falling due after more than one year

7

10,779

3,467

NET ASSETS

21

1,723

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

20

1,722

SHAREHOLDERS' FUNDS

21

1,723

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

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

The director acknowledges his 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 director and authorised for issue on 5 December 2025 and were signed by:

M A Camps - Director

1.	STATUTORY INFORMATION

Stirling Driver Services 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

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 statement of financial position date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Going concern

The accounts have been prepared on a going concern basis. The director has reviewed future cash flows and expressed his willingness to financially support the company for the foreseeable future and therefore considers it appropriate to prepare the financial statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

16,298

564

2,482

19,344

Additions

15,700

-

-

15,700

Disposals

(13,547

)

-

-

(13,547

)

At 31 March 2025

18,451

564

2,482

21,497

Depreciation

At 1 April 2024

11,653

553

2,322

14,528

Charge for year

142

3

160

305

Eliminated on disposal

(9,261

)

-

-

(9,261

)

At 31 March 2025

2,534

556

2,482

5,572

Net book value

At 31 March 2025

15,917

8

-

15,925

At 31 March 2024

4,645

11

160

4,816

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

Cost

Additions

15,490

At 31 March 2025

15,490

Net book value

At 31 March 2025

15,490

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

-

2,360

Other debtors

852

2,304

852

4,664

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

2,600

2,600

Hire purchase contracts

2,478

-

Taxation and social security

2,295

1,359

Other creditors

1,020

3,608

8,393

7,567

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

867

3,467

Hire purchase contracts

9,912

-

10,779

3,467

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25

31/3/24

£

£

M A Camps

Balance outstanding at start of year

-

-

Amounts advanced

662

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

662

-

The above loan to the director, included within other debtors, attracts no interest and is repaid within 9 months of the year end.

9.	RELATED PARTY DISCLOSURES

At 31 March 2025 the company owed the director £Nil (2024 - £2,564). The balance owed, included within other creditors, is made up of business expenses not yet reimbursed and declared dividends directly credited to the director's loan account. The loan balance is repayable to the director on demand.