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Company Registration No. 10303245 (England and Wales)
Drivebyads Limited Unaudited accounts for the year ended 31 July 2025
Drivebyads Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Drivebyads Limited Company Information for the year ended 31 July 2025
Director
J R Quinn
Company Number
10303245 (England and Wales)
Registered Office
S A Accountancy 4 Beaumont Road Church Stretton Shropshire SY6 6BN England
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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Drivebyads Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
9,565
11,161
Current assets
Debtors
5
152
-
Cash at bank and in hand
67,472
24,321
67,624
24,321
Creditors: amounts falling due within one year
6
(35,146)
(30,034)
Net current assets/(liabilities)
32,478
(5,713)
Total assets less current liabilities
42,043
5,448
Provisions for liabilities
Deferred tax
(1,818)
(2,121)
Net assets
40,225
3,327
Capital and reserves
Called up share capital
1
1
Profit and loss account
40,224
3,326
Shareholders' funds
40,225
3,327
For the year ending 31 July 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 her 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 1 December 2025 and were signed on its behalf by
J R Quinn Director Company Registration No. 10303245
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Drivebyads Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Drivebyads Limited is a private company, limited by shares, registered in England and Wales, registration number 10303245. The registered office is S A Accountancy, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, 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:
Plant & machinery
25% per annum reducing balance
Motor vehicles
25% per annum on cost
Fixtures & fittings
10% per annum reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
8,660
19,200
12,695
40,555
Additions
-
-
2,601
2,601
At 31 July 2025
8,660
19,200
15,296
43,156
Depreciation
At 1 August 2024
4,978
18,376
6,040
29,394
Charge for the year
921
413
2,863
4,197
At 31 July 2025
5,899
18,789
8,903
33,591
Net book value
At 31 July 2025
2,761
411
6,393
9,565
At 31 July 2024
3,682
824
6,655
11,161
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
152
-
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Drivebyads Limited Notes to the Accounts for the year ended 31 July 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
144
207
Taxes and social security
19,056
9,343
Loans from directors
15,445
19,589
Accruals
501
895
35,146
30,034
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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