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REGISTERED NUMBER: 01856518 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

BLUE ARROW TRAFFIC MANAGEMENT LIMITED

BLUE ARROW TRAFFIC MANAGEMENT LIMITED (REGISTERED NUMBER: 01856518)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


BLUE ARROW TRAFFIC MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Z R Webster
Mrs R C Webster





REGISTERED OFFICE: Sapphire House
Clifton Lane
Runcorn
Cheshire
WA7 3FP





REGISTERED NUMBER: 01856518 (England and Wales)





AUDITORS: Walker Begley UK Limited
207 Knutsford Road
Grappenhall
Warrington
Cheshire
WA4 2QL

BLUE ARROW TRAFFIC MANAGEMENT LIMITED (REGISTERED NUMBER: 01856518)

ABRIDGED BALANCE SHEET
31 OCTOBER 2023

31/10/23 31/10/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 307,632 323,010

CURRENT ASSETS
Debtors 934,193 782,280
Cash at bank 106,629 193,994
1,040,822 976,274
CREDITORS
Amounts falling due within one year 598,430 455,114
NET CURRENT ASSETS 442,392 521,160
TOTAL ASSETS LESS CURRENT
LIABILITIES

750,024

844,170

CREDITORS
Amounts falling due after more than one
year

5

(337,217

)

(409,154

)

PROVISIONS FOR LIABILITIES (2,152 ) (2,699 )
NET ASSETS 410,655 432,317

CAPITAL AND RESERVES
Called up share capital 500 500
Capital redemption reserve 500 500
Retained earnings 409,655 431,317
SHAREHOLDERS' FUNDS 410,655 432,317

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 July 2024 and were signed on its behalf by:





Z R Webster - Director


BLUE ARROW TRAFFIC MANAGEMENT LIMITED (REGISTERED NUMBER: 01856518)

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

1. STATUTORY INFORMATION

Blue Arrow 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.

Turnover
Turnover represents net invoiced sales of services and accrued right to consideration on service contracts, 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.
Land and buildings - 2% on cost
Plant and machinery etc - 33% on reducing balance and 25% 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.

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.

Cones and signs
A significant proportion of the purchases made by the company are cones and signs used for traffic management. These items are charged in the profit and loss account in the year in which they are purchased.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2022 - 29 ) .

BLUE ARROW TRAFFIC MANAGEMENT LIMITED (REGISTERED NUMBER: 01856518)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2022 850,066
Additions 1,790
At 31 October 2023 851,856
DEPRECIATION
At 1 November 2022 527,056
Charge for year 17,168
At 31 October 2023 544,224
NET BOOK VALUE
At 31 October 2023 307,632
At 31 October 2022 323,010

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31/10/23 31/10/22
£    £   
Repayable by instalments
Bank loans repayable after 5 years by
instalments

97,356

122,099

6. SECURED DEBTS

The following secured debts are included within creditors:

31/10/23 31/10/22
£    £   
Bank loans 254,251 278,994

Debenture on the banks standard form dated 21/10/1999.

Charge over land on the north side of Clifton Lane, Preston Brook, Warrington WA7 3FP on the bank standard form dated 21/10/1999.

There is also a cross guarantee and debenture between Blue Arrow Traffic Management (Holdings) Limited, the parent company of Blue Arrow Traffic Management Limited.

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr K G Begley (Senior Statutory Auditor)
for and on behalf of Walker Begley UK Limited

BLUE ARROW TRAFFIC MANAGEMENT LIMITED (REGISTERED NUMBER: 01856518)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within debtors is a loan to the director, Z R Webster of £119,145 (2022 - £109,432). There are no set repayment terms and interest is charged at 2.25%.

There is a personal guarantee provided in respect of a Funding Circle loan.

9. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements. We also use our auditors to prepare monthly management accounts and carry out payroll bureau services.

10. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Blue Arrow Traffic Management (Holdings) Limited, the companies are registered at the same address.

The company is ultimately under the joint control of Z Webster and R Webster.