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REGISTERED NUMBER: 03521791 (England and Wales)















TRAFFIC MANAGEMENT & SAFETY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






TRAFFIC MANAGEMENT & SAFETY LIMITED (REGISTERED NUMBER: 03521791)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TRAFFIC MANAGEMENT & SAFETY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: P G Cook
R Cook
R P Cook
J Waldron



REGISTERED OFFICE: Sovereign House
12 Warwick Street
Earlsdon
Coventry
West Midlands
CV5 6ET



REGISTERED NUMBER: 03521791 (England and Wales)



ACCOUNTANTS: Burrows Scarborough
Sovereign House
12 Warwick Street
Coventry
West Midlands
CV5 6ET



BANKERS: HSBC
Po Box 24
55 Corporation Street
Coventry
West Midlands
CV1 1QJ

TRAFFIC MANAGEMENT & SAFETY LIMITED (REGISTERED NUMBER: 03521791)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 15,249 17,026
Tangible assets 5 93,026 50,031
108,275 67,057

CURRENT ASSETS
Debtors 6 301,404 275,484
Prepayments and accrued income 28,024 20,107
Cash at bank and in hand 325,841 429,341
655,269 724,932
CREDITORS
Amounts falling due within one year 7 288,869 273,911
NET CURRENT ASSETS 366,400 451,021
TOTAL ASSETS LESS CURRENT
LIABILITIES

474,675

518,078

PROVISIONS FOR LIABILITIES (23,257 ) (9,581 )

ACCRUALS AND DEFERRED INCOME (52,892 ) (68,133 )
NET ASSETS 398,526 440,364

CAPITAL AND RESERVES
Called up share capital 8 11,864 11,864
Capital redemption reserve 21,286 21,286
Retained earnings 365,376 407,214
SHAREHOLDERS' FUNDS 398,526 440,364

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by:




J Waldron - Director


TRAFFIC MANAGEMENT & SAFETY LIMITED (REGISTERED NUMBER: 03521791)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Traffic Management & Safety 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The financial statements are rounded to the nearest £1.

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 goods and services, excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

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 - 33% on cost and 25% on cost

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Leases

Employee 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.

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 16 ) .

TRAFFIC MANAGEMENT & SAFETY LIMITED (REGISTERED NUMBER: 03521791)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2023 17,535
Additions 2,035
At 30 April 2024 19,570
AMORTISATION
At 1 May 2023 509
Charge for year 3,812
At 30 April 2024 4,321
NET BOOK VALUE
At 30 April 2024 15,249
At 30 April 2023 17,026

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 183,898
Additions 66,760
At 30 April 2024 250,658
DEPRECIATION
At 1 May 2023 133,867
Charge for year 23,765
At 30 April 2024 157,632
NET BOOK VALUE
At 30 April 2024 93,026
At 30 April 2023 50,031

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 288,941 271,174
Other debtors 12,463 4,310
301,404 275,484

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 31,442 44,550
Taxation and social security 175,477 214,364
Other creditors 81,950 14,997
288,869 273,911

TRAFFIC MANAGEMENT & SAFETY LIMITED (REGISTERED NUMBER: 03521791)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £

10,714 Preference £1 10,714 10,714
500 Ordinary B non voting shares £1 500 500
500 Ordinary C non voting shares £1 500 500
50 Ordinary D non voting shares £1 50 50
50 Ordinary E non voting shares £1 50 50
50 Ordinary F non voting shares £1 50 50
11,864 11,864

9. LEASES

Leasing commitments falling due within one year is £17,229, leasing commitments falling due after one year £20,205.