1st Time School of Motoring Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 09280098

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		51,772		37,352

			51,772		37,352
CURRENT ASSETS
Debtors	5	-		101
Cash at bank and in hand		360,758		316,759

		360,758		316,860
Creditors: Amounts Falling Due Within One Year	6	(179,133 )		(132,192 )

NET CURRENT ASSETS (LIABILITIES)			181,625		184,668

TOTAL ASSETS LESS CURRENT LIABILITIES			233,397		222,020

NET ASSETS			233,397		222,020

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			233,297		221,920

SHAREHOLDERS' FUNDS			233,397		222,020

Page 1

Page 2

1st Time School of Motoring Ltd

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Karen Harris

Director

21 April 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

1st Time School of Motoring Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09280098 . The registered office is C K R House, 70 East Hill, Dartford, Kent, DA1 1RZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% reducing balance basis
Fixtures & Fittings	25% reducing balance basis
Computer Equipment	25% reducing balance basis

2.4. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 November 2024	52,186	193	4,824	57,203
Additions	28,592	-	-	28,592
Disposals	(13,063 )	-	-	(13,063 )

As at 31 October 2025	67,715	193	4,824	72,732

Depreciation
As at 1 November 2024	15,932	85	3,834	19,851
Provided during the period	5,680	27	247	5,954
Disposals	(4,845 )	-	-	(4,845 )

As at 31 October 2025	16,767	112	4,081	20,960

Net Book Value
As at 31 October 2025	50,948	81	743	51,772

As at 1 November 2024	36,254	108	990	37,352

Page 3

Page 4

1st Time School of Motoring Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Other taxes and social security	-	101

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	859	1,656
Corporation tax	7,839	11,944
Other taxes and social security	267	-
VAT	6,836	7,194
Pension Control	36	22
Accruals	3,000	3,000
Director's loan account	160,296	108,376

	179,133	132,192

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100