Company Registration No. 09222651 (England and Wales)
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED
Unaudited accounts
for the year ended 30 September 2024
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED
Unaudited accounts
Contents
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED
Company Information
for the year ended 30 September 2024
Directors
IBE, Ejikeme Chukwuemezie
IBE, Gloria
Ejikeme Chukwuemezie IBE
GLORIA OBIAGELI IBE
Company Number
09222651 (England and Wales)
Registered Office
10 Hamworthy Road,
Swindon, England,
SN3 3PP
Accountants
LIGHT ACCOUNTANTS
33 Postmill Road
Sandwich
KENT
CT130FU
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED
Statement of financial position
as at 30 September 2024
Tangible assets
56,480
49,227
Cash at bank and in hand
128,802
81,287
Creditors: amounts falling due within one year
(75,790)
(37,804)
Net current assets
104,464
56,898
Total assets less current liabilities
160,944
106,125
Creditors: amounts falling due after more than one year
(15,108)
(14,674)
Called up share capital
1,000
1,000
Profit and loss account
144,836
90,451
Shareholders' funds
145,836
91,451
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2024 and were signed on its behalf by
IBE, Ejikeme Chukwuemezie
Director
Company Registration No. 09222651
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 September 2024
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09222651. The registered office is 10 Hamworthy Road,, Swindon, England,, SN3 3PP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
94,788
26,302
2,593
123,683
Additions
13,085
12,995
-
26,080
At 30 September 2024
107,873
39,297
2,593
149,763
At 1 October 2023
55,246
17,748
1,462
74,456
Charge for the year
13,157
5,387
283
18,827
At 30 September 2024
68,403
23,135
1,745
93,283
At 30 September 2024
39,470
16,162
848
56,480
At 30 September 2023
39,542
8,554
1,131
49,227
Amounts falling due within one year
Other debtors
51,452
13,415
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,072
(890)
Taxes and social security
54,931
16,766
Other creditors
2,319
1,513
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 6 (2023: 1).