Company Registration No. 12352335 (England and Wales)
Fola's Driving School Ltd
accounts
for the year ended 31 December 2025
Fola's Driving School Ltd
accounts
Contents
Fola's Driving School Ltd
Company Information
for the year ended 31 December 2025
Company Number
12352335 (England and Wales)
Registered Office
40 Staveley Close
London
SE15 2JL
United Kingdom
Accountants
Jacring and Associates Ltd
11 King Arthur Close
New Cross
London
SE15 2LP
Fola's Driving School Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
8,364
9,840
Cash at bank and in hand
23,696
18,684
Creditors: amounts falling due within one year
(3,737)
(3,768)
Net current assets
19,959
14,916
Called up share capital
1
1
Profit and loss account
28,322
24,755
Shareholders' funds
28,323
24,756
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 8 June 2026 and were signed on its behalf by
Afolabi ADELABU
Director
Company Registration No. 12352335
Fola's Driving School Ltd
Notes to the Accounts
for the year ended 31 December 2025
Fola's Driving School Ltd is a private company, limited by shares, registered in England and Wales, registration number 12352335. The registered office is 40 Staveley Close, London, SE15 2JL, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
15% reducing balance
4
Tangible fixed assets
Total
At 31 December 2025
22,175
At 31 December 2025
13,811
5
Average number of employees
During the year the average number of employees was 1 (2024: 1).