Ion's Driving School Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08573931

ION'S DRIVING SCHOOL LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 June 2025

ION'S DRIVING SCHOOL LIMITED

STATEMENT OF FINANCIAL POSITION

30 June 2025

	2025		2024
Note	£	£	£	£

CURRENT ASSETS

Debtors	6	727		75

CREDITORS: amounts falling due within one year	7	13,255		13,364
		--------		--------
NET CURRENT LIABILITIES			12,528		13,289
			--------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES			( 12,528)		( 13,289)

CREDITORS: amounts falling due after more than one year	8	–	2,383
		--------	--------
NET LIABILITIES		( 12,528)	( 15,672)
		--------	--------

CAPITAL AND RESERVES

Called up share capital fully paid	100	100
Profit and loss account	( 12,628)	( 15,772)
	--------	--------
SHAREHOLDERS DEFICIT	( 12,528)	( 15,672)
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 15 January 2026 , and are signed on behalf of the board by:

Mr I Voiculescu
Director

Company registration number: 08573931

ION'S DRIVING SCHOOL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 26 Sorrel Crescent, Wootton, Northampton, NN4 6FR.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The company currently meets its daily working capital requirements through operating revenues, banking facilities and financial support from the director On this basis, the director considers it appropriate to prepare the accounts on the going concern basis. The accounts do not include any adjustments that would result from the failure to raise any additional finance that may prove necessary.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Computer equipment	-	33% straight line

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. TANGIBLE ASSETS

	Equipment
	£
Cost
At 1 July 2024 and 30 June 2025	410
	----
Depreciation
At 1 July 2024 and 30 June 2025	410
	----
Carrying amount
At 30 June 2025	–
	----
At 30 June 2024	–
	----

6. DEBTORS

	2025	2024
	£	£
Trade debtors	352	–
Other debtors	375	75
	----	----
	727	75
	----	----

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	5,652	5,012
Trade creditors	–	170
Social security and other taxes	284	439
Other creditors	7,319	7,743
	--------	--------
	13,255	13,364
	--------	--------

8. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	2,383
	----	-------

9. GOING CONCERN

The director has considered the period to 31 January 2027 when assessing the company's ability to continue as a going concern. It is believed that the company will either be able to satisfy its liabilities as these become payable, or alternatively will be sold as a going concern.