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REGISTERED NUMBER: 12546658 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 December 2023

for

RNR Traffic Management Limited

RNR Traffic Management Limited (Registered number: 12546658)






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

Chartered Accountants' Report 7

RNR Traffic Management Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: R N Roberts
Miss S Everiss





REGISTERED OFFICE: 39 High Street
Wednesfield
Wolverhampton
West Midlands
WV11 1ST





BUSINESS ADDRESS: Progress Drive (Next to Suzuki Garage)
Cannock
Staffordshire
WS11 0JE





REGISTERED NUMBER: 12546658 (England and Wales)





ACCOUNTANTS: Crowther Jordan Limited
Chartered Accountants
39 High Street
Wednesfield
Wolverhampton
West Midlands
WV11 1ST

RNR Traffic Management Limited (Registered number: 12546658)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 91,037 66,913

CURRENT ASSETS
Debtors 5 352,643 344,730
Cash at bank and in hand 643,732 270,260
996,375 614,990
CREDITORS
Amounts falling due within one year 6 (379,968 ) (103,295 )
NET CURRENT ASSETS 616,407 511,695
TOTAL ASSETS LESS CURRENT LIABILITIES 707,444 578,608

CREDITORS
Amounts falling due after more than one year 7 (36,026 ) (43,376 )

PROVISIONS FOR LIABILITIES (10,616 ) (3,435 )
NET ASSETS 660,802 531,797

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 660,702 531,697
SHAREHOLDERS' FUNDS 660,802 531,797

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 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.

RNR Traffic Management Limited (Registered number: 12546658)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by:





R N Roberts - Director


RNR Traffic Management Limited (Registered number: 12546658)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

RNR Traffic Management 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.

2. ACCOUNTING POLICIES

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

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - Straight line over 2 years and Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

RNR Traffic Management Limited (Registered number: 12546658)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 105,739
Additions 64,387
At 31 December 2023 170,126
DEPRECIATION
At 1 January 2023 38,826
Charge for year 40,263
At 31 December 2023 79,089
NET BOOK VALUE
At 31 December 2023 91,037
At 31 December 2022 66,913

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 165,512 76,643
Amounts owed by group undertakings 158,973 239,667
Other debtors 28,158 28,420
352,643 344,730

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts (see note 8) 7,349 7,349
Trade creditors 39,585 48,062
Amounts owed to group undertakings 177,236 -
Taxation and social security 152,798 44,884
Other creditors 3,000 3,000
379,968 103,295

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts (see note 8) 36,026 43,376

RNR Traffic Management Limited (Registered number: 12546658)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.12.23 31.12.22
£    £   
Net obligations repayable:
Within one year 7,349 7,349
Between one and five years 36,026 43,376
43,375 50,725

Non-cancellable operating leases
31.12.23 31.12.22
£    £   
Between one and five years 359,287 -

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Hire purchase contracts 43,375 50,725

Assets held under Hire Purchase agreements are secured against the asset to which they relate along with a personal guarantee from the director.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

11. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of RNR Group Limited.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
RNR Traffic Management Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of RNR Traffic Management Limited for the year ended 31 December 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of RNR Traffic Management Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of RNR Traffic Management Limited and state those matters that we have agreed to state to the Board of Directors of RNR Traffic Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RNR Traffic Management Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that RNR Traffic Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of RNR Traffic Management Limited. You consider that RNR Traffic Management Limited 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 financial statements of RNR Traffic Management Limited. 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 financial statements.






Crowther Jordan Limited
Chartered Accountants
39 High Street
Wednesfield
Wolverhampton
West Midlands
WV11 1ST


12 March 2024