Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-312023-04-01falsemanufacture and sale of cleaning chemicals33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13237049 2023-04-01 2024-03-31 13237049 2022-04-01 2023-03-31 13237049 2024-03-31 13237049 2023-03-31 13237049 c:Director2 2023-04-01 2024-03-31 13237049 d:OfficeEquipment 2023-04-01 2024-03-31 13237049 d:OfficeEquipment 2024-03-31 13237049 d:OfficeEquipment 2023-03-31 13237049 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13237049 d:CurrentFinancialInstruments 2024-03-31 13237049 d:CurrentFinancialInstruments 2023-03-31 13237049 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13237049 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13237049 d:ShareCapital 2024-03-31 13237049 d:ShareCapital 2023-03-31 13237049 d:SharePremium 2024-03-31 13237049 d:SharePremium 2023-03-31 13237049 d:RetainedEarningsAccumulatedLosses 2024-03-31 13237049 d:RetainedEarningsAccumulatedLosses 2023-03-31 13237049 c:FRS102 2023-04-01 2024-03-31 13237049 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13237049 c:FullAccounts 2023-04-01 2024-03-31 13237049 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13237049 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13237049









TRAFFIC SITE EQUIPMENT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
TRAFFIC SITE EQUIPMENT LIMITED
REGISTERED NUMBER: 13237049

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
564
752

Current assets
  

Debtors: amounts falling due within one year
 5 
164,227
69,336

Cash at bank and in hand
  
70
7,760

  
164,297
77,096

Creditors: amounts falling due within one year
 6 
(600,344)
(489,280)

Net current liabilities
  
 
 
(436,047)
 
 
(412,184)

Total assets less current liabilities
  
(435,483)
(411,432)

  

Net liabilities
  
(435,483)
(411,432)


Capital and reserves
  

Called up share capital 
  
100
100

Share premium account
  
49,970
49,970

Profit and loss account
  
(485,553)
(461,502)

  
(435,483)
(411,432)


Page 1

 
TRAFFIC SITE EQUIPMENT LIMITED
REGISTERED NUMBER: 13237049
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 March 2025.




H Carter
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
TRAFFIC SITE EQUIPMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Upwood Cleaning and Hygiene Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London,  E11 1GA. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

As part of the going concern review, the directors have followed the guidelines published by the financial Reporting Council entitled "Going Concern and Liquidity Risk Guidance for UK Companies 2009". The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, and that the going concern basis of accounting remains appropriate.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
TRAFFIC SITE EQUIPMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.10

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 4

 
TRAFFIC SITE EQUIPMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2023
1,024



At 31 March 2024

1,024



Depreciation


At 1 April 2023
272


Charge for the year on owned assets
188



At 31 March 2024

460



Net book value



At 31 March 2024
564



At 31 March 2023
752

Page 5

 
TRAFFIC SITE EQUIPMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
26,901
24,647

Other debtors
1,317
28,269

Prepayments and accrued income
136,009
16,420

164,227
69,336



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
3,480
-

Trade creditors
32,963
41,259

Other taxation and social security
-
3,345

Other creditors
558,594
444,364

Accruals and deferred income
5,307
312

600,344
489,280



7.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £67 (2023 - £454). Contributions totalling £nil (2023 - £Nil) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 6