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Company Registration No. 13420535 (England and Wales)
Drive Time Learning Ltd Unaudited accounts for the year ended 31 May 2025
Drive Time Learning Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Drive Time Learning Ltd Company Information for the year ended 31 May 2025
Director
Usman Bin Majeed
Company Number
13420535 (England and Wales)
Registered Office
54 Wynford Road Birmingham B27 6JJ England
Accountants
Bcm Accountants Ltd Suite 1 Miller House 47-49 Market Street Farnworth, Bolton BL4 7NS
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Drive Time Learning Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
9,307
11,350
Current assets
Debtors
5
11,375
13,412
Cash at bank and in hand
4,514
1,377
15,889
14,789
Creditors: amounts falling due within one year
6
(892)
(2,971)
Net current assets
14,997
11,818
Total assets less current liabilities
24,304
23,168
Creditors: amounts falling due after more than one year
7
(30)
-
Net assets
24,274
23,168
Capital and reserves
Called up share capital
1
1
Profit and loss account
24,273
23,167
Shareholders' funds
24,274
23,168
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 January 2026 and were signed on its behalf by
Usman Bin Majeed Director Company Registration No. 13420535
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Drive Time Learning Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Drive Time Learning Ltd is a private company, limited by shares, registered in England and Wales, registration number 13420535. The registered office is 54 Wynford Road, Birmingham, B27 6JJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 June 2024
11,350
At 31 May 2025
11,350
Depreciation
Charge for the year
2,043
At 31 May 2025
2,043
Net book value
At 31 May 2025
9,307
At 31 May 2024
11,350
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
11,375
13,412
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Drive Time Learning Ltd Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
260
2,971
Other creditors
302
-
Accruals
330
-
892
2,971
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
30
-
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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