Registration number: 08723801

EAST COAST DRIVER TRAINING LTD

Contents

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

EAST COAST DRIVER TRAINING LTD

Company Information

Directors

Mr Phil Cook Mr Craig Cook

Registered office

Market House Church Street Harleston Norfolk IP20 9BB

Accountants

Calum Ward & Co Accountants Ltd Market House 4a Church Street Harleston Norfolk IP20 9BB

EAST COAST DRIVER TRAINING LTD

(Registration number: 08723801)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	130,104	168,876
Current assets
Debtors	5	33,703	44,433
Creditors: Amounts falling due within one year	6	(38,997)	(74,774)
Net current liabilities		(5,294)	(30,341)
Total assets less current liabilities		124,810	138,535
Creditors: Amounts falling due after more than one year	6	(81,530)	(158,712)
Provisions for liabilities		(24,720)	(32,086)
Net assets/(liabilities)		18,560	(52,263)
Capital and reserves
Called up share capital	7	1	1
Retained earnings		18,559	(52,264)
Shareholders' funds/(deficit)		18,560	(52,263)

For the financial 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.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 July 2026 and signed on its behalf by:
 

......................................... Mr Phil Cook Director

EAST COAST DRIVER TRAINING LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 October 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:
Market House
Church Street
Harleston
Norfolk
IP20 9BB

These financial statements were authorised for issue by the Board on 31 July 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.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

EAST COAST DRIVER TRAINING LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 October 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
Equipment	15% reducing balance
Motor vehicles	25% reducing balance
Computer equipment	4 year straight line

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.

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.

EAST COAST DRIVER TRAINING LTD

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

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2024 - 8).

EAST COAST DRIVER TRAINING LTD

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

4	Tangible assets

	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 November 2024	67,965	4,716	610,496	683,177
Additions	599	1,307	-	1,906
At 31 October 2025	68,564	6,023	610,496	685,083
Depreciation
At 1 November 2024	43,327	4,041	466,933	514,301
Charge for the year	3,786	1,001	35,891	40,678
At 31 October 2025	47,113	5,042	502,824	554,979
Carrying amount
At 31 October 2025	21,451	981	107,672	130,104
At 31 October 2024	24,638	675	143,563	168,876

5

Debtors

Current	2025 £	2024 £
Trade debtors	33,703	40,548
Other debtors	-	3,885
	33,703	44,433

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	19,035	40,142
Trade creditors		667	2,989
Taxation and social security		12,705	-
Accruals and deferred income		6,630	6,630
Other creditors		(40)	25,013
		38,997	74,774

Creditors: amounts falling due after more than one year

EAST COAST DRIVER TRAINING LTD

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

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	81,530	158,712

7	Share capital

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	6,305	15,971
Other borrowings	75,225	142,741
	81,530	158,712

Current loans and borrowings

	2025 £	2024 £
Bank overdrafts	19,035	40,142

9

Dividends

		2025		2024
		£		£

10	Related party transactions

EAST COAST DRIVER TRAINING LTD

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

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	40,446	55,748