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REGISTERED NUMBER: 03655127 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Traffic Watch (U.K) Limited

Traffic Watch (U.K) Limited (Registered number: 03655127)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Traffic Watch (U.K) Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Mrs A Bullen
D B Bullen





SECRETARY: D B Bullen





REGISTERED OFFICE: Kennedy House
Suite 9
Murray Road
Orpington
Kent
BR5 3QY





REGISTERED NUMBER: 03655127 (England and Wales)






Traffic Watch (U.K) Limited (Registered number: 03655127)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,690 41,989

CURRENT ASSETS
Debtors 5 121,581 115,183
Cash at bank and in hand 5,383 1,450
126,964 116,633
CREDITORS
Amounts falling due within one year 6 166,556 183,064
NET CURRENT LIABILITIES (39,592 ) (66,431 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,902

)

(24,442

)

CREDITORS
Amounts falling due after more than
one year

7

169,220

189,076
NET LIABILITIES (173,122 ) (213,518 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (173,124 ) (213,520 )
(173,122 ) (213,518 )

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

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

Traffic Watch (U.K) Limited (Registered number: 03655127)

Balance Sheet - continued
31 October 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 15 October 2024 and were signed on its behalf by:





Mrs A Bullen - Director


Traffic Watch (U.K) Limited (Registered number: 03655127)

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

1. STATUTORY INFORMATION

Traffic Watch (U.K) 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, 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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 15% on reducing balance

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 - 5 ) .

Traffic Watch (U.K) Limited (Registered number: 03655127)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022
and 31 October 2023 132,526 18,106 20,995 61,190 232,817
DEPRECIATION
At 1 November 2022 107,270 14,736 18,105 50,717 190,828
Charge for year 3,788 506 434 1,571 6,299
At 31 October 2023 111,058 15,242 18,539 52,288 197,127
NET BOOK VALUE
At 31 October 2023 21,468 2,864 2,456 8,902 35,690
At 31 October 2022 25,256 3,370 2,890 10,473 41,989

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 7,284 5,058
Other debtors 23,317 19,825
Directors' loan accounts 90,300 90,300
Prepayments 680 -
121,581 115,183

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 7,803 37,233
Trade creditors 13,438 24,712
Tax 29,287 54,329
Social security and other taxes 3,325 3,582
VAT 104,803 55,100
Other creditors (239 ) 4,508
Directors' current accounts 4,539 -
Accrued expenses 3,600 3,600
166,556 183,064

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans - 2-5 years 169,220 189,076

Traffic Watch (U.K) Limited (Registered number: 03655127)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
Mrs A Bullen
Balance outstanding at start of year 45,150 62,500
Amounts advanced - 650
Amounts repaid - (18,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 45,150

D B Bullen
Balance outstanding at start of year 45,150 62,500
Amounts advanced - 650
Amounts repaid - (18,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 45,150

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs A Bullen.