1 June 2022 false No description of principal activity Taxfiler 2023.9 11386310business:PrivateLimitedCompanyLtd2022-06-012023-05-31 113863102022-05-31 113863102022-06-012023-05-31 11386310business:AuditExemptWithAccountantsReport2022-06-012023-05-31 11386310business:FilletedAccounts2022-06-012023-05-31 113863102023-05-31 11386310business:Director12022-06-012023-05-31 11386310business:RegisteredOffice2022-06-012023-05-31 113863102022-05-31 11386310core:WithinOneYear2023-05-31 11386310core:WithinOneYear2022-05-31 11386310core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 11386310core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 11386310core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 11386310core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 11386310core:PreviouslyStatedAmount2023-05-31 11386310core:PreviouslyStatedAmount2022-05-31 11386310business:SmallEntities2022-06-012023-05-31 11386310countries:EnglandWales2022-06-012023-05-31 11386310core:PlantMachinery2022-06-012023-05-31 11386310core:PlantMachinery2022-05-31 11386310core:PlantMachinery2023-05-31 113863102021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 11386310 (England and Wales)
24/7 Traffic Management & Design Ltd Unaudited accounts for the year ended 31 May 2023
24/7 Traffic Management & Design Ltd Unaudited accounts Contents
Page
- 2 -
24/7 Traffic Management & Design Ltd Company Information for the year ended 31 May 2023
Director
Mr J R Newton
Company Number
11386310 (England and Wales)
Registered Office
10 The Gowans Sutton On The Forest York YO61 1DJ United Kingdom
Accountants
Ings Accountancy Limited 18 The Furlongs Redcar North Yorkshire TS10 2EB
- 3 -
24/7 Traffic Management & Design Ltd Accountants' report
Accountants' report to the director of 24/7 Traffic Management & Design Ltd on the preparation of the unaudited statutory accounts for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 24/7 Traffic Management & Design Ltd for the year ended 31 May 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of 24/7 Traffic Management & Design Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of 24/7 Traffic Management & Design Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 24/7 Traffic Management & Design Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that 24/7 Traffic Management & Design Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of 24/7 Traffic Management & Design Ltd. You consider that 24/7 Traffic Management & Design Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of 24/7 Traffic Management & Design Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Ings Accountancy Limited 18 The Furlongs Redcar North Yorkshire TS10 2EB 8 October 2023
- 4 -
24/7 Traffic Management & Design Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
487 
650 
Current assets
Debtors
9,227 
7,250 
Cash at bank and in hand
16,969 
11,452 
26,196 
18,702 
Creditors: amounts falling due within one year
(12,801)
(10,241)
Net current assets
13,395 
8,461 
Net assets
13,882 
9,111 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
13,881 
9,110 
Shareholders' funds
13,882 
9,111 
For the year ending 31 May 2023 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 8 October 2023 and were signed on its behalf by
Mr J R Newton Director Company Registration No. 11386310
- 5 -
24/7 Traffic Management & Design Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
24/7 Traffic Management & Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 11386310. The registered office is 10 The Gowans, Sutton On The Forest, York, YO61 1DJ, United Kingdom.
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:
Plant & machinery
255 on Reducing Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2022
2,058 
At 31 May 2023
2,058 
Depreciation
At 1 June 2022
1,408 
Charge for the year
163 
At 31 May 2023
1,571 
Net book value
At 31 May 2023
487 
At 31 May 2022
650 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
9,227 
7,250 
- 6 -
24/7 Traffic Management & Design Ltd Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
4,880 
- 
Taxes and social security
7,021 
9,541 
Accruals
900 
700 
12,801 
10,241 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 7 -