IRIS Accounts Production v24.3.2.46 10249393 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh102493932023-06-30102493932024-06-30102493932023-07-012024-06-30102493932022-06-30102493932022-07-012023-06-30102493932023-06-3010249393ns15:EnglandWales2023-07-012024-06-3010249393ns14:PoundSterling2023-07-012024-06-3010249393ns10:Director12023-07-012024-06-3010249393ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3010249393ns10:SmallEntities2023-07-012024-06-3010249393ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3010249393ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3010249393ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3010249393ns10:FullAccounts2023-07-012024-06-3010249393ns10:Director22023-07-012024-06-3010249393ns10:RegisteredOffice2023-07-012024-06-3010249393ns5:CurrentFinancialInstruments2024-06-3010249393ns5:CurrentFinancialInstruments2023-06-3010249393ns5:Non-currentFinancialInstruments2024-06-3010249393ns5:Non-currentFinancialInstruments2023-06-3010249393ns5:ShareCapital2024-06-3010249393ns5:ShareCapital2023-06-3010249393ns5:RetainedEarningsAccumulatedLosses2024-06-3010249393ns5:RetainedEarningsAccumulatedLosses2023-06-3010249393ns5:PlantMachinery2023-07-012024-06-3010249393ns5:PlantMachinery2023-06-3010249393ns5:PlantMachinery2024-06-3010249393ns5:PlantMachinery2023-06-3010249393ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-06-3010249393ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-07-012024-06-3010249393ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-06-3010249393ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-06-3010249393ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3010249393ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30
















Site Safe Traffic Solutions Limited

Unaudited Financial Statements for the Year Ended 30 June 2024






Site Safe Traffic Solutions Limited (Registered number: 10249393)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Site Safe Traffic Solutions Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: D T Hughes
Mrs J K Hughes





REGISTERED OFFICE: 48 - 52 Penny Lane
Mossley Hill
Liverpool
Merseyside
L18 1DG





REGISTERED NUMBER: 10249393 (England and Wales)





ACCOUNTANTS: Matthews Sutton & Co Ltd
Chartered Certified Accountants
48 - 52 Penny Lane
Mossley Hill
Liverpool
Merseyside
L18 1DG

Site Safe Traffic Solutions Limited (Registered number: 10249393)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 395,575 430,191

CURRENT ASSETS
Debtors 5 1,373,304 1,038,273
Cash at bank and in hand 362,878 145,313
1,736,182 1,183,586
CREDITORS
Amounts falling due within one year 6 1,299,164 684,979
NET CURRENT ASSETS 437,018 498,607
TOTAL ASSETS LESS CURRENT
LIABILITIES

832,593

928,798

CREDITORS
Amounts falling due after more than one
year

7

(336,085

)

(419,185

)

PROVISIONS FOR LIABILITIES (73,432 ) (107,548 )
NET ASSETS 423,076 402,065

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 423,074 402,063
423,076 402,065

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by:





D T Hughes - Director


Site Safe Traffic Solutions Limited (Registered number: 10249393)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Site Safe Traffic Solutions 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, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 49 (2023 - 49 ) .

Site Safe Traffic Solutions Limited (Registered number: 10249393)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 803,998
Additions 110,496
Disposals (20,000 )
At 30 June 2024 894,494
DEPRECIATION
At 1 July 2023 373,807
Charge for year 130,112
Eliminated on disposal (5,000 )
At 30 June 2024 498,919
NET BOOK VALUE
At 30 June 2024 395,575
At 30 June 2023 430,191

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 July 2023 790,807
Additions 110,496
Disposals (20,000 )
At 30 June 2024 881,303
DEPRECIATION
At 1 July 2023 369,308
Charge for year 127,999
Eliminated on disposal (5,000 )
At 30 June 2024 492,307
NET BOOK VALUE
At 30 June 2024 388,996
At 30 June 2023 421,499

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 808,117 893,966
Amounts owed by group undertakings - 75,000
Other debtors 565,187 69,307
1,373,304 1,038,273

Site Safe Traffic Solutions Limited (Registered number: 10249393)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 36,269 36,269
Hire purchase contracts 157,157 132,883
Trade creditors 300,175 254,802
Taxation and social security 256,976 155,555
Other creditors 548,587 105,470
1,299,164 684,979

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 36,239 72,818
Hire purchase contracts 299,846 346,367
336,085 419,185