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Company Registration No. 12328029 (England and Wales)
Primary Traffic Services Ltd Unaudited accounts for the year ended 30 November 2024
Primary Traffic Services Ltd Unaudited accounts Contents
Page
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Primary Traffic Services Ltd Company Information for the year ended 30 November 2024
Directors
John Christian Mold Marion Hannah Mold
Company Number
12328029 (England and Wales)
Registered Office
203 West Street Fareham Hampshire United Kingdom PO16 0EN
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Primary Traffic Services Ltd Accountants' report
Accountants' report to the board of directors of Primary Traffic Services Ltd on the preparation of the unaudited statutory accounts for the year ended 30 November 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Primary Traffic Services Ltd for the year ended 30 November 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Primary Traffic Services Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Primary Traffic Services Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Primary Traffic Services Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Primary Traffic Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Primary Traffic Services Ltd. You consider that Primary Traffic Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Primary Traffic Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 27 May 2025
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Primary Traffic Services Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
56,585 
46,475 
Current assets
Debtors
97,011 
29,651 
Cash at bank and in hand
131,656 
202,826 
228,667 
232,477 
Creditors: amounts falling due within one year
(458,402)
(338,216)
Net current liabilities
(229,735)
(105,739)
Total assets less current liabilities
(173,150)
(59,264)
Creditors: amounts falling due after more than one year
- 
(430)
Net liabilities
(173,150)
(59,694)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(173,250)
(59,794)
Shareholders' funds
(173,150)
(59,694)
For the year ending 30 November 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 27 May 2025 and were signed on its behalf by
John Christian Mold Director Company Registration No. 12328029
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Primary Traffic Services Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Primary Traffic Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12328029. The registered office is 203 West Street, Fareham, Hampshire, United Kingdom, PO16 0EN .
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
34,171 
53,580 
87,751 
Additions
4,077 
20,552 
24,629 
At 30 November 2024
38,248 
74,132 
112,380 
Depreciation
At 1 December 2023
17,007 
24,269 
41,276 
Charge for the year
4,732 
9,787 
14,519 
At 30 November 2024
21,739 
34,056 
55,795 
Net book value
At 30 November 2024
16,509 
40,076 
56,585 
At 30 November 2023
17,164 
29,311 
46,475 
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Primary Traffic Services Ltd Notes to the Accounts for the year ended 30 November 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,770 
Other debtors
97,011 
27,881 
97,011 
29,651 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
310,980 
237,302 
Obligations under finance leases and hire purchase contracts
430 
2,583 
Trade creditors
792 
14,101 
Taxes and social security
146,200 
83,153 
Accruals
- 
1,077 
458,402 
338,216 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
430 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
John Christian Mold
Director Loan Account
19,162 
(5,772)
(51,128)
64,518 
19,162 
(5,772)
(51,128)
64,518 
9
Average number of employees
During the year the average number of employees was 6 (2023: 5).
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