ALM DRIVE 2 PASS LTD - Filleted accounts

Registered number

11257692

ALM DRIVE 2 PASS LTD

Filleted Accounts

31 March 2026

ALM DRIVE 2 PASS LTD
Registered number:		11257692
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		7,878			9,864

Current assets
Cash at bank and in hand		4,386			4,313

Creditors: amounts falling due within one year	4	(2,444)			(5,316)

Net current assets/(liabilities)			1,942			(1,003)

Total assets less current liabilities			9,820			8,861

Creditors: amounts falling due after more than one year	5		-			(2,686)



Net assets			9,820			6,175

Capital and reserves
Called up share capital			1			1
Profit and loss account			9,819			6,174

Shareholder's funds			9,820			6,175

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs. A.L. Morrell
Director
Approved by the board on 30 July 2026

ALM DRIVE 2 PASS LTD
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment	20% reducing balance
	Motor vehicles	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Office equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	2,148		21,117		23,265
	Additions	540		-		540
	At 31 March 2026	2,688		21,117		23,805

	Depreciation
	At 1 April 2025	1,193		12,208		13,401
	Charge for the year	299		2,227		2,526
	At 31 March 2026	1,492		14,435		15,927

	Net book value
	At 31 March 2026	1,196		6,682		7,878
	At 31 March 2025	955		8,909		9,864


4	Creditors: amounts falling due within one year			2026		2025
£					£

	Coronavirus bounce back loan			189		944
	Obligations under finance lease and hire purchase contracts			-		1,512
	Taxation and social security costs			1,770		2,492
	Other creditors			485		368
				2,444		5,316


5	Creditors: amounts falling due after one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			-		2,686


6	Other information

	ALM DRIVE 2 PASS LTD is a private company limited by shares and incorporated in England. Its registered office is:
	22 Halton Crescent
	Greasby
	Wirral
	CH49 3PG