Registration number: 09882855

Arrow Fleet Driving Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Arrow Fleet Driving Ltd

Company Information

Director

Mr Paul John Davies

Registered office

33 Cardigan Road Hull East Yorkshire HU3 6XA

Solicitors

Brewer Wallace Shackles Chambers 7 Land of Green Ginger Hull East Yorkshire HU1 2ED

Bankers

HSBC Bank Merit House

Accountants

Flexibility Professional Services (UK) Ltd Cherry Tree Court 36 Ferensway Hull East Yorkshire HU2 8NH

Arrow Fleet Driving Ltd

(Registration number: 09882855)
Balance Sheet as at 31 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	4,321	5,171
Current assets
Debtors	5	-	1,986
Cash at bank and in hand		-	21
		-	2,007
Creditors: Amounts falling due within one year	6	(57,046)	(55,246)
Net current liabilities		(57,046)	(53,239)
Net liabilities		(52,725)	(48,068)
Capital and reserves
Called up share capital	7	100	100
Retained earnings		(52,825)	(48,168)
Shareholders' deficit		(52,725)	(48,068)

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 May 2026
 

......................................... Mr Paul John Davies Director

Arrow Fleet Driving Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
33 Cardigan Road
Hull
East Yorkshire
HU3 6XA

These financial statements were authorised for issue by the director on 31 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants are charged to the Profit and Loss account on accrual basis unless they are connected to an asset purchase in which case they amortised over the life of the asset. Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to the Statement of comprehensive income at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

Arrow Fleet Driving Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	Reducing balance @ 15%
Office equipment	Reducing balance @ 25%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Arrow Fleet Driving Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Arrow Fleet Driving Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 June 2024	2,005	6,800	8,805
At 31 May 2025	2,005	6,800	8,805
Depreciation
At 1 June 2024	1,263	2,371	3,634
Charge for the year	186	664	850
At 31 May 2025	1,449	3,035	4,484
Carrying amount
At 31 May 2025	556	3,765	4,321
At 31 May 2024	742	4,429	5,171

5

Debtors

Current	2025 £	2024 £
Trade debtors	-	1,986
	-	1,986

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	13	-
Accruals and deferred income		540	540
Other creditors		56,493	54,706
		57,046	55,246

Arrow Fleet Driving Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary £1 of £1 each	100	100	100	100

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank overdrafts	13	-

9	Related party transactions

Transactions with the director

Summary of transactions with parent

Arrow Driving Group Ltd Loan relationship - loan creditor

Summary of transactions with associates

Arrow Driving Academy Ltd Loan relationship - loan creditor.

Loans to related parties

2025	Associates £	Total £
At start of period	3,500	3,500
Repaid	(572)	(572)
At end of period	2,928	2,928

2024	Associates £	Total £
At start of period	3,500	3,500
At end of period	3,500	3,500

Loans from related parties

Arrow Fleet Driving Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

2025	Parent £	Total £
At start of period	57,430	57,430
At end of period	57,430	57,430

2024	Parent £	Total £
At start of period	55,846	55,846
Advanced	1,584	1,584
At end of period	57,430	57,430

Terms of loans from related parties

Unsecured loan with no repayment conditions.