The Driving Experience Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04181195

THE DRIVING EXPERIENCE LIMITED

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M I Carpenter

I M Mulingani

A R J Catlin

SECRETARY:

I M Mulingani

REGISTERED OFFICE:

Holly Grange

Holly Lane

Balsall Commons

West Midlands

CV7 7EB

REGISTERED NUMBER:

04181195

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

CURRENT ASSETS

Debtors

273,189

221,477

Cash at bank

500,626

387,454

773,815

608,931

CREDITORS

Amounts falling due within one year

686,008

521,394

NET CURRENT ASSETS

87,807

87,537

TOTAL ASSETS LESS CURRENT
LIABILITIES

87,807

87,537

CAPITAL AND RESERVES

Called up share capital

2

1,000

Profit and loss account

86,807

86,537

SHAREHOLDERS' FUNDS

87,807

87,537

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 10 June 2016 and were signed on its behalf by:

I M Mulingani - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents provision of excursions net of value added tax. Turnover is recognised at the date the event

is delivered. Cash received in advance of an excursion is shown as a deferred income creditor on the balance

sheet.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1,000

Ordinary

£1

1,000