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REGISTERED NUMBER: 06929482 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

TRACK, PROTECTION & SIGNALLING LTD

TRACK, PROTECTION & SIGNALLING LTD (REGISTERED NUMBER: 06929482)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRACK, PROTECTION & SIGNALLING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: C V Dawes
L Morisco-Tarr





REGISTERED OFFICE: The Pinnacle
170 Midsummer Boulevard
Milton Keynes
Buckinghamshire
MK9 1BP





REGISTERED NUMBER: 06929482 (England and Wales)





ACCOUNTANTS: Panton Accountancy Services Limited
The Pinnacle
170 Midsummer Boulevard
Milton Keynes
Buckinghamshire
MK9 1BP

TRACK, PROTECTION & SIGNALLING LTD (REGISTERED NUMBER: 06929482)

BALANCE SHEET
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 92,226 95,955

CURRENT ASSETS
Debtors 5 466,640 188,183
Cash at bank 383,345 422,645
849,985 610,828
CREDITORS
Amounts falling due within one year 6 766,988 581,925
NET CURRENT ASSETS 82,997 28,903
TOTAL ASSETS LESS CURRENT
LIABILITIES

175,223

124,858

PROVISIONS FOR LIABILITIES 1,012 1,012
NET ASSETS 174,211 123,846

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 173,711 123,346
174,211 123,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

TRACK, PROTECTION & SIGNALLING LTD (REGISTERED NUMBER: 06929482)

BALANCE SHEET - continued
30 JUNE 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 Board of Directors and authorised for issue on 28 March 2024 and were signed on its behalf by:





C V Dawes - Director


TRACK, PROTECTION & SIGNALLING LTD (REGISTERED NUMBER: 06929482)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Track, Protection & Signalling Ltd 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 presentation currency of the financial statements is the Pound Sterling (£).


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.

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 - 20% 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.

TRACK, PROTECTION & SIGNALLING LTD (REGISTERED NUMBER: 06929482)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2022 33,121 74,458 18,612 126,191
Additions 5,693 - 14,816 20,509
At 30 June 2023 38,814 74,458 33,428 146,700
DEPRECIATION
At 1 July 2022 23,671 2,843 3,722 30,236
Charge for year 8,681 8,872 6,685 24,238
At 30 June 2023 32,352 11,715 10,407 54,474
NET BOOK VALUE
At 30 June 2023 6,462 62,743 23,021 92,226
At 30 June 2022 9,450 71,615 14,890 95,955

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 431,922 183,643
Other debtors 34,718 4,540
466,640 188,183

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 145,567 194,293
Taxation and social security 106,227 39,473
Other creditors 515,194 348,159
766,988 581,925

7. ULTIMATE CONTROLLING PARTY

The controlling party is C V Dawes.