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Company Registration No. 05714253 (England and Wales)
RINGWAY SCHOOL OF MOTORING LIMITED Unaudited accounts for the year ended 28 February 2025
RINGWAY SCHOOL OF MOTORING LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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RINGWAY SCHOOL OF MOTORING LIMITED Company Information for the year ended 28 February 2025
Director
Mr Peter Ring
Company Number
05714253 (England and Wales)
Registered Office
UNIT 50 WATERHAM BUSINESS PARK HIGHSTREET ROAD HERNEHILL KENT ME13 9EJ ENGLAND
Accountants
MCC Partners 1a Saddington Street Gravesend Kent DA12 1ED
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RINGWAY SCHOOL OF MOTORING LIMITED Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
8,142 
10,576 
Current assets
Cash at bank and in hand
1,728 
1,728 
Creditors: amounts falling due within one year
5
(1,710)
924 
Net current assets
18 
2,652 
Total assets less current liabilities
8,160 
13,228 
Creditors: amounts falling due after more than one year
6
(3,199)
(11,402)
Net assets
4,961 
1,826 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,861 
1,726 
Shareholders' funds
4,961 
1,826 
For the year ending 28 February 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.
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 26 November 2025 and were signed on its behalf by
Mr Peter Ring Director Company Registration No. 05714253
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RINGWAY SCHOOL OF MOTORING LIMITED Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
RINGWAY SCHOOL OF MOTORING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05714253. The registered office is UNIT 50 WATERHAM BUSINESS PARK, HIGHSTREET ROAD, HERNEHILL, KENT, ME13 9EJ, ENGLAND.
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.
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
Motor Vehicles - 15% on cost
Fixtures & fittings
Computer equipment - 33.33% SL
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2024
644 
14,800 
15,444 
At 28 February 2025
644 
14,800 
15,444 
Depreciation
At 1 March 2024
428 
4,440 
4,868 
Charge for the year
214 
2,220 
2,434 
At 28 February 2025
642 
6,660 
7,302 
Net book value
At 28 February 2025
2 
8,140 
8,142 
At 29 February 2024
216 
10,360 
10,576 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Loans from directors
1,160 
(1,474)
Accruals
550 
550 
1,710 
(924)
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RINGWAY SCHOOL OF MOTORING LIMITED Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
3,199 
11,402 
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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