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REGISTERED NUMBER: 06671612 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ROADTRACK LIMITED

ROADTRACK LIMITED (REGISTERED NUMBER: 06671612)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROADTRACK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: P Chadderton





REGISTERED OFFICE: Charlton House
Dour Street
DOVER
Kent
CT16 1BL





REGISTERED NUMBER: 06671612 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
Charlton House
Dour Street
DOVER
Kent
CT16 1BL

ROADTRACK LIMITED (REGISTERED NUMBER: 06671612)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,167 12,517

CURRENT ASSETS
Debtors 5 103,072 89,386
Cash at bank and in hand 48,596 77,338
151,668 166,724
CREDITORS
Amounts falling due within one year 6 91,354 97,858
NET CURRENT ASSETS 60,314 68,866
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,481

81,383

CREDITORS
Amounts falling due after more than one
year

7

(13,600

)

(23,200

)

PROVISIONS FOR LIABILITIES (1,742 ) (2,292 )
NET ASSETS 54,139 55,891

CAPITAL AND RESERVES
Called up share capital 9 5 5
Retained earnings 54,134 55,886
SHAREHOLDERS' FUNDS 54,139 55,891

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ROADTRACK LIMITED (REGISTERED NUMBER: 06671612)

BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 March 2024 and were signed by:





P Chadderton - Director


ROADTRACK LIMITED (REGISTERED NUMBER: 06671612)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Roadtrack Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The company's principal place of business is Unit G5, Lympne Distribution Park, Kent CT21 4LR.

The financial statements are presented in sterling which is the functional currency of the company.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvement to leasehold - 20% on cost
Plant and machinery - 25% on reducing balance
Office equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 7 ) .

ROADTRACK LIMITED (REGISTERED NUMBER: 06671612)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Improvement
to Plant and Office
leasehold machinery equipment Totals
£    £    £    £   
COST
At 1 January 2023 5,029 16,818 3,876 25,723
Additions - - 391 391
Disposals - - (1,371 ) (1,371 )
At 31 December 2023 5,029 16,818 2,896 24,743
DEPRECIATION
At 1 January 2023 4,576 5,433 3,197 13,206
Charge for year 453 2,874 414 3,741
Eliminated on disposal - - (1,371 ) (1,371 )
At 31 December 2023 5,029 8,307 2,240 15,576
NET BOOK VALUE
At 31 December 2023 - 8,511 656 9,167
At 31 December 2022 453 11,385 679 12,517

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 92,306 80,670
Other debtors 10,766 8,716
103,072 89,386

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,600 9,600
Trade creditors 24,370 37,775
Tax 13,403 10,986
Social security and other taxes 2,847 2,918
VAT 14,028 4,799
Other creditors 13,463 17,813
Director's current account 362 686
Shareholder loan 13,281 13,281
91,354 97,858

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 9,600 9,600
Bank loans - 2-5 years 4,000 13,600
13,600 23,200

ROADTRACK LIMITED (REGISTERED NUMBER: 06671612)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 88,203 138,323
Between one and five years 79,643 33,301
167,846 171,624

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
5 Ordinary £1 5 5