Registered number
14507392
Drive33 Ltd
Filleted Accounts
31 March 2025

Drive33 Ltd
Registered number: | 14507392
Balance Sheet
as at 31 March 2025
Notes |  |  | 2025 |  |  | 2023
£ | £
Current assets
Debtors | 3 |  | 4,683 |  |  | 165
Cash at bank and in hand |  |  | 2,608 |  |  | -
|  |  | 7,291 |  |  | 165
Creditors: amounts falling due within one year | 4 |  | (7,367) |  |  | (1,022)
Net current liabilities |  |  |  | (76) |  |  | (857)
Net liabilities |  |  |  | (76) |  |  | (857)
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Profit and loss account |  |  |  | (176) |  |  | (957)
Shareholders' funds |  |  |  | (76) |  |  | (857)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr A L Burton
Director
Approved by the board on 5 March 2026

Drive33 Ltd
Notes to the Accounts
for the period from 1 December 2023 to 31 March 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
| Going Concern
| The financial statements have been prepared on the going concern basis. The directors have confirmed continued support and consider the company has sufficient working capital to continue trading for the forseeable future.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 | Employees | 2025 |  | 2023
Number | Number
| Average number of persons employed by the company | 2 |  | 2
3 | Debtors | 2025 |  | 2023
£ | £
| Trade debtors | 4,469 |  | -
| Other debtors | 214 |  | 165
|  |  |  |  |  | 4,683 |  | 165
4 | Creditors: amounts falling due within one year | 2025 |  | 2023
£ | £
| Trade creditors | 1,463 |  | -
| Taxation and social security costs | 225 |  | -
| Other creditors | 5,679 |  | 1,022
|  |  |  |  |  | 7,367 |  | 1,022
5 | Other information
| Drive33 Ltd is a private company limited by shares and incorporated in England. Its registered office is:
| Demar House, 14 Church Road
| East Wittering
| Chichester
| West Sussex
| PO20 8PS

Drive33 Ltd 14507392 false 2023-12-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 Mr A L Burton No description of principal activity 14507392 2022-11-25 2023-11-30 14507392 core:WithinOneYear 2023-11-30 14507392 core:ShareCapital 2023-11-30 14507392 core:RetainedEarningsAccumulatedLosses 2023-11-30 14507392 2023-12-01 2025-03-31 14507392 bus:PrivateLimitedCompanyLtd 2023-12-01 2025-03-31 14507392 bus:AuditExempt-NoAccountantsReport 2023-12-01 2025-03-31 14507392 bus:Director40 2023-12-01 2025-03-31 14507392 1 2023-12-01 2025-03-31 14507392 2 2023-12-01 2025-03-31 14507392 countries:England 2023-12-01 2025-03-31 14507392 bus:FRS102 2023-12-01 2025-03-31 14507392 bus:FilletedAccounts 2023-12-01 2025-03-31 14507392 2025-03-31 14507392 core:WithinOneYear 2025-03-31 14507392 core:ShareCapital 2025-03-31 14507392 core:RetainedEarningsAccumulatedLosses 2025-03-31 14507392 2023-11-30 iso4217:GBP xbrli:pure