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REGISTERED NUMBER: 10325698 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

TRANSPORT SURVEY SYSTEMS LTD

TRANSPORT SURVEY SYSTEMS LTD (REGISTERED NUMBER: 10325698)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


TRANSPORT SURVEY SYSTEMS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: Mr C C Constantinides





REGISTERED OFFICE: Solar House
2nd Floor
282 Chase Road
London
N14 6HZ





REGISTERED NUMBER: 10325698 (England and Wales)





ACCOUNTANTS: EA
Chartered Accountants
869 High Road
London
N12 8QA

TRANSPORT SURVEY SYSTEMS LTD (REGISTERED NUMBER: 10325698)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,549 28,575

CURRENT ASSETS
Debtors 5 91,666 187,654
Cash at bank and in hand 34,144 7,728
125,810 195,382
CREDITORS
Amounts falling due within one year 6 94,046 101,510
NET CURRENT ASSETS 31,764 93,872
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,313

122,447

CREDITORS
Amounts falling due after more than one year 7 29,688 46,029
NET ASSETS 34,625 76,418

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 34,525 76,318
SHAREHOLDERS' FUNDS 34,625 76,418

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 22 August 2024 and were signed by:





Mr C C Constantinides - Director


TRANSPORT SURVEY SYSTEMS LTD (REGISTERED NUMBER: 10325698)

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

1. STATUTORY INFORMATION

Transport Survey Systems 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.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% straight line method

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 statement of financial position date.

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 - 4 ) .

TRANSPORT SURVEY SYSTEMS LTD (REGISTERED NUMBER: 10325698)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2022 14,157 16,650 108,928 139,735
Additions 19,250 - - 19,250
At 31 August 2023 33,407 16,650 108,928 158,985
DEPRECIATION
At 1 September 2022 7,241 9,626 94,293 111,160
Charge for year 6,542 1,756 6,978 15,276
At 31 August 2023 13,783 11,382 101,271 126,436
NET BOOK VALUE
At 31 August 2023 19,624 5,268 7,657 32,549
At 31 August 2022 6,916 7,024 14,635 28,575

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,290 12,078
Amounts owed by group undertakings 24,407 96,931
Amounts owed by participating interests 511 427
Other debtors 65,458 78,218
91,666 187,654

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 17,789 26,242
Trade creditors 17,013 33,652
Taxation and social security 47,909 23,996
Other creditors 11,335 17,620
94,046 101,510

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 29,688 46,029

TRANSPORT SURVEY SYSTEMS LTD (REGISTERED NUMBER: 10325698)

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

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2023 and 31 August 2022:

2023 2022
£    £   
Mr C C Constantinides
Balance outstanding at start of year - (1,080 )
Amounts advanced 48,430 33,525
Amounts repaid (22,778 ) (32,445 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,652 -

9. ULTIMATE CONTROLLING PARTY

During the period under review, the company was not under the control of any one individual.