**Company Registration No. 1180561 (England and Wales)** **DRIVEN ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022** ## **DRIVEN ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS** ||**Page**| |---|---| |Company information|3| |Director's report|4| |Income statement|5| |Statement of financial position|6| |Notes to the accounts|7| |Detailed profit and loss account|9| - 2 - **DRIVEN COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2022** ## **Director** Ian Tomlinson **Company Number** 1180561 (England and Wales) **Registered Office** CT3 Building, Wigan Investment Centre Waterside Drive Wigan WN3 5BA - 3 - ## **DRIVEN (COMPANY NO: 1180561 ENGLAND AND WALES) DIRECTOR'S REPORT** The director presents his report and accounts for the year ended 31 March 2022. ## **Directors** Ian Tomlinson held office during the whole of the period. ## **Statement of directors' responsibilities** The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Small company provisions** This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Signed on behalf of the board of directors ............................................................................ Ian Tomlinson Director Approved by the board on: 18 January 2023 - 4 - ## **DRIVEN INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2022** ||**2022**|**2021**| |---|---|---| ||**£**|**£**| |**Turnover**|41,044|107,807| |Administrative expenses|(106,539)|(67,912)| |Other operating income|18,936|-| |**Operating (loss)/profit**|(46,559)|39,895| |Gain on sale of property, plant and equipment|2,695|-| |**(Loss)/profit on ordinary activities before taxation**|(43,864)|39,895| |Tax on (loss)/profit on ordinary activities|-|-| |**(Loss)/profit for the financial year**|(43,864)|39,895| - 5 - ## **DRIVEN STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2022** |**Notes**
**Fixed assets**
Tangible assets
4
**Current assets**
Debtors
5
Cash at bank and in hand
**Creditors: amounts falling due within one year**
6
**Net current assets**
**Net assets**
**Capital and reserves**
Profit and loss account
**Shareholders' funds**|**2022**
**£**
18,458
8,110
27,098
35,208
(24,082)
11,126
29,584
29,584
29,584|**2021**
**£**
22,915
8,765
64,127| |---|---|---| |||72,892
(22,359)| |||50,533| |||73,448| |||73,448| |||73,448| For the year ending 31 March 2022 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 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 financial statements were approved by the Board and authorised for issue on 18 January 2023 and were signed on its behalf by Ian Tomlinson Director Company Registration No. 1180561 - 6 - **DRIVEN NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022** ## **1 Statutory information** Driven is a private company, limited by shares, registered in England and Wales, registration number 1180561. The registered office is CT3 Building, Wigan Investment Centre, Waterside Drive, Wigan, WN3 5BA. ## **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 20% Straight Line Computer equipment 25% Straight Line |**4**
**Tangible fixed assets**
**Cost or valuation**
At 1 April 2021
Additions
Disposals
At 31 March 2022
**Depreciation**
At 1 April 2021
Charge for the year
On disposals
At 31 March 2022
**Net book value**
At 31 March 2022
At 31 March 2021
**5**
**Debtors**|**Motor**
**vehicles**
**£**
At cost
35,875
6,800
(5,500)
37,175
14,350
7,435
(2,200)
19,585
17,590
21,525|**Computer**
**equipment**
**£**
At cost
2,780
230
-
3,010
1,390
752
-
2,142
868
1,390
**2022**
**£**|**Total**
**£**
38,655
7,030
(5,500)| |---|---|---|---| ||||40,185| ||||15,740
8,187
(2,200)| ||||21,727| ||||18,458| ||||22,915| ||||**2021**
**£**| - 7 - ## **DRIVEN NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022** |**Amounts falling due within one year**
Trade debtors
Accrued income and prepayments
Other debtors
**6**
**Creditors: amounts falling due within one year**
Trade creditors
Other creditors
Loans from directors
Accruals
Deferred income|3,350
4,760
-
8,110
**2022**
**£**
619
2,802
(70)
53
20,678
24,082|6,853
1,607
305| |---|---|---| |||8,765| |||**2021**
**£**
-
2,196
204
344
19,615| |||22,359| ## **7 Average number of employees** During the year the average number of employees was 4 (2021: 4). - 8 - ## **DRIVEN DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022** This schedule does not form part of the statutory accounts. ||**2022**|**2021**| |---|---|---| ||**£**|**£**| |**Turnover**||| |Sales|41,044|107,807| |**Administrative expenses**||| |Wages and salaries|49,971|28,917| |Pensions|2,715|7,359| |Staff training and welfare|-|440| |Travel and subsistence|4,230|5,072| |Motor expenses|14,866|4,554| |Rent|1,472|-| |Telephone and fax|1,134|1,521| |Stationery and printing|395|286| |Information and publications|4,432|2,371| |Subscriptions|265|1,827| |Insurance|2,911|544| |Repairs and maintenance|7,863|-| |Depreciation|8,187|7,320| |Sundry expenses|13|286| |Accountancy fees|4,410|-| |Consultancy fees|20|-| |Advertising and PR|264|223| |Other legal and professional|3,391|7,192| ||106,539|67,912| |**Other operating income**||| |Government grants|18,936|-| |**Operating (loss)/profit**|(46,559)|39,895| |**Exceptional items**||| |Gain on sale of tangible assets|2,695|-| |**(Loss)/profit on ordinary activities before taxation**|(43,864)|39,895| - 9 -