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REGISTERED NUMBER: 05961129 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ROAD SAFETY SYSTEMS LIMITED

ROAD SAFETY SYSTEMS LIMITED (REGISTERED NUMBER: 05961129)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ROAD SAFETY SYSTEMS LIMITED

COMPANY INFORMATION
for the Year Ended 31 October 2024







DIRECTOR: P Nelson





REGISTERED OFFICE: 152 Prescot Road
Aughton
Ormskirk
Lancashire
L39 5AG





REGISTERED NUMBER: 05961129 (England and Wales)





ACCOUNTANTS: Fairhurst Accountants Ltd
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

ROAD SAFETY SYSTEMS LIMITED (REGISTERED NUMBER: 05961129)

STATEMENT OF FINANCIAL POSITION
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 475 774

CURRENT ASSETS
Stocks 7,700 7,700
Debtors 5 48,979 63,095
Cash at bank 9,489 63,234
66,168 134,029
CREDITORS
Amounts falling due within one year 6 31,305 45,244
NET CURRENT ASSETS 34,863 88,785
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,338

89,559

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 35,238 89,459
SHAREHOLDERS' FUNDS 35,338 89,559

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 March 2025 and were signed by:





P Nelson - Director


ROAD SAFETY SYSTEMS LIMITED (REGISTERED NUMBER: 05961129)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Road Safety Systems 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 is measured at the fair value of the consideration received or receivable in respect of goods and services provided, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Office Equipment - 25% on cost

Tangible fixed assets are stated at cost less depreciation and impairment.

Stocks
Stocks are valued at the lower of cost and selling price, after making due allowance for obsolete and slow moving items.

Financial instruments
Short term financial assets, including trade and other debtors and cash and bank balances, are measured at the transaction price. Financial assets that have no stated interest rate and are recoverable within one year shall be measured at the undiscounted amount due.

Short term financial liabilities, including trade and other creditors, are measured at the transaction price. Financial liabilities that have no stated interest rate and are payable within one year shall be measured at the undiscounted amount due.

Associated undertaking loans payable and receivable are measured at the undiscounted amount due as they are deemed to be repayable on demand.

Leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

ROAD SAFETY SYSTEMS LIMITED (REGISTERED NUMBER: 05961129)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Office
Equipment
£   
COST
At 1 November 2023
and 31 October 2024 11,661
DEPRECIATION
At 1 November 2023 10,887
Charge for year 299
At 31 October 2024 11,186
NET BOOK VALUE
At 31 October 2024 475
At 31 October 2023 774

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 144 31,500
Other debtors 864 864
Tax 46,601 30,731
VAT 1,370 -
48,979 63,095

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,574 5,295
Social security and other taxes 1,221 11,911
Director's current account 18,582 26,038
Accruals 6,928 2,000
31,305 45,244

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £500 (2023 - £1,000) were paid to the director .