| Temporary Traffic Solutions Limited |
| Registered Number:SC473242 |
For the year ended 31 March 2025
Scotland
Report of the Directors and Unaudited Financial Statements
For the year ended 31 March 2025
Temporary Traffic Solutions Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Temporary Traffic Solutions Limited
Statement of Financial Position
31/3/2024
31/3/2025
| Property, plant and equipment |
394,819
418,335
2
394,819
418,335
15,794
15,794
3
| Trade and other receivables |
194,254
223,835
4
239,629
210,048
| Trade and other payables: amounts falling due within one year |
(241,863)
(272,188)
5
(31,815)
(32,559)
Net current liabilities
| Total assets less current liabilities |
362,260
386,520
| Trade and other payables: amounts falling due after more than |
| one year |
(211,799)
(258,317)
6
103,943
Net assets
174,721
150
150
103,793
174,571
103,943
174,721
Shareholders' funds
| For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 09 June 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Temporary Traffic Solutions Limited
Notes to the Financial Statements
Statutory Information
| Temporary Traffic Solutions Limited is a private limited company, limited by shares, domiciled in Scotland, registration number |
| SC473242. |
| Principal place of business: |
Unit 5
19 Alleysbank Road
Rutherglen
Glasgow
G73 1LX
223 Ayr Road
Newton Mearns
Glasgow
G77 6AH
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
| Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. |
| There were no material departures from that standard. |
| The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain |
| assets to fair value where required. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Financial Instruments
| The Company has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial |
| Instruments Issues" of FRS 102 to all of its financial instruments. |
| Financial instruments are recognised in the company's statement of financial position when the company becomes party to |
| the contractual provisions of a financial instrument. |
| Basic financial instruments, including trade and other receivables, cash and bank balances, trade and other payables, bank |
| and other loans are initially measured at transaction price and subsequently carried at amortised cost. Financial assets and |
| liabilities classified as receivable/payable within one year are not amortised. |
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For the year ended 31 March 2025
Temporary Traffic Solutions Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
936,608
10,111
20,855
187,826
717,816
90,118
-
-
-
90,118
-
-
(24,950)
(314)
(25,264)
162,876
20,855
10,111
1,001,462
807,620
| Provision for depreciation and impairment |
518,273
7,841
10,324
87,843
412,265
Charge for year
105,488
756
2,106
23,022
79,604
(17,118)
-
-
(17,055)
(63)
606,643
8,597
12,430
93,810
491,806
315,814
69,066
8,425
1,514
394,819
305,551
99,983
10,531
2,270
418,335
31/3/2024
31/3/2025
15,794
15,794
| 4. Trade and other receivables |
31/3/2024
31/3/2025
212,809
190,888
11,026
3,366
194,254
223,835
| 5. Trade and other payables: amounts falling due within one year |
31/3/2024
31/3/2025
118,196
127,362
43,498
11,695
| Taxation and social security |
40,227
18,712
70,267
84,094
272,188
241,863
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For the year ended 31 March 2025
Temporary Traffic Solutions Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
31/3/2024
31/3/2025
171,300
134,294
87,017
77,505
258,317
211,799
| The director is owed £16,150 from the Company at 31st March 2025. This is a non-interest bearing loan and there are no fixed repayment terms. Clydesdale Bank Plc bank loans of £9,280 (2024 - £53,390) are secured by a floating charge over the company's assets. |
| 7. Directors advances and guarantees |
| Mr Scott Frost is the Company's controlling party. |
| Related party relationships and transactions: |
| During the year ended 31 March 2025, the Director was paid dividends of £50,500. |
| 8. Guarantees and other financial commitments |
| At 31 March 2025 the company had annual commitments under non-cancellable operating leases as set out below: |
31/3/2024
31/3/2025
| Operating leases which expire: |
91,865
54,510
709,440
728,314
820,179
763,950
| 9. Average number of persons employed |
During the year the average number of employees was 13 (2024 : 15)
| 10. Transition to FRS 102 |
| The financial statements for the year ended 31 March 2025 are the first financial statements of Temporary Traffic Solutions |
| Limited that comply with FRS102 (The Financial Reporting Standard applicable in the UK and ROI). |
| The date of transition to FRS102 was 1st April 2023. |
| The transition to FRS 102 has not resulted in any changes in accounting policies to those used previously. |
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