1 August 2024 false No description of principal activity Taxfiler 2024.6 12082591business:PrivateLimitedCompanyLtd2024-08-012025-07-31 120825912024-07-31 120825912024-08-012025-07-31 12082591business:AuditExemptWithAccountantsReport2024-08-012025-07-31 12082591business:FilletedAccounts2024-08-012025-07-31 120825912025-07-31 12082591business:Director12024-08-012025-07-31 12082591business:Director22024-08-012025-07-31 12082591business:RegisteredOffice2024-08-012025-07-31 120825912024-07-31 12082591core:WithinOneYear2025-07-31 12082591core:WithinOneYear2024-07-31 12082591core:AfterOneYear2025-07-31 12082591core:AfterOneYear2024-07-31 12082591core:ShareCapitalcore:PreviouslyStatedAmount2025-07-31 12082591core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 12082591core:SharePremiumcore:PreviouslyStatedAmount2025-07-31 12082591core:SharePremiumcore:PreviouslyStatedAmount2024-07-31 12082591core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-07-31 12082591core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 12082591core:PreviouslyStatedAmount2025-07-31 12082591core:PreviouslyStatedAmount2024-07-31 12082591business:SmallEntities2024-08-012025-07-31 12082591countries:EnglandWales2024-08-012025-07-31 120825912023-08-012024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12082591 (England and Wales)
DriveShare Limited Unaudited accounts for the year ended 31 July 2025
DriveShare Limited Unaudited accounts Contents
Page
- 2 -
DriveShare Limited Company Information for the year ended 31 July 2025
Directors
Kent Mosbech Benjamin Heath
Company Number
12082591 (England and Wales)
Registered Office
1 Vine Street Mayfair London W1J 0AH
Accountants
Forest Edge Accountancy 2 Appletree Close Redlynch Salisbury Wiltshire SP5 2JG
- 3 -
DriveShare Limited Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Called up share capital not paid
4,556 
4,367 
Fixed assets
Investments
409,378 
409,378 
Current assets
Debtors
244 
- 
Cash at bank and in hand
50,262 
82,128 
50,506 
82,128 
Creditors: amounts falling due within one year
402 
338 
Net current assets
50,908 
82,466 
Total assets less current liabilities
464,842 
496,211 
Creditors: amounts falling due after more than one year
(230,238)
(275,417)
Net assets
234,604 
220,794 
Capital and reserves
Called up share capital
4,660 
4,471 
Share premium
327,398 
327,398 
Profit and loss account
(97,454)
(111,075)
Shareholders' funds
234,604 
220,794 
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 directors acknowledge their 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 of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by
Kent Mosbech Director Company Registration No. 12082591
- 4 -
DriveShare Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
DriveShare Limited is a private company, limited by shares, registered in England and Wales, registration number 12082591. The registered office is 1 Vine Street, Mayfair, London, W1J 0AH.
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.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 August 2024
409,378 
Valuation at 31 July 2025
409,378 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
244 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
(402)
(338)
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
49,047 
49,047 
Amounts owed to group undertakings and other participating interests
125,795 
172,636 
Other creditors
55,396 
53,734 
230,238 
275,417 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 5 -