Traffic Control 123 Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08859995

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		38,676		9,116

			38,676		9,116
CURRENT ASSETS
Debtors	5	482,052		449,842
Cash at bank and in hand		472,875		172,893

		954,927		622,735
Creditors: Amounts Falling Due Within One Year	6	(480,394 )		(317,024 )

NET CURRENT ASSETS (LIABILITIES)			474,533		305,711

TOTAL ASSETS LESS CURRENT LIABILITIES			513,209		314,827

Creditors: Amounts Falling Due After More Than One Year	7		(10,365 )		-

NET ASSETS			502,844		314,827

CAPITAL AND RESERVES
Called up share capital	9		675,100		675,100
Profit and Loss Account			(172,256 )		(360,273 )

SHAREHOLDERS' FUNDS			502,844		314,827

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Traffic Control 123 Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Mark Jones

Director

16/07/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Traffic Control 123 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08859995 . The registered office is Unit 19 Bridge Industries, Wallington, Fareham, Hampshire, England, PO16 8SX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on Reducing Cost
Motor Vehicles	25% on Cost
Fixtures & Fittings	25% on Cost
Computer Equipment	25% on Cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

1Average number of employees, including directors, during the year was: 1 (2024: 1)

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Traffic Control 123 Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	30,152	51,844	980	2,730	85,706
Additions	19,000	21,218	820	1,830	42,868

As at 31 March 2025	49,152	73,062	1,800	4,560	128,574

Depreciation
As at 1 April 2024	23,495	51,844	391	860	76,590
Provided during the period	6,414	5,304	450	1,140	13,308

As at 31 March 2025	29,909	57,148	841	2,000	89,898

Net Book Value
As at 31 March 2025	19,243	15,914	959	2,560	38,676

As at 1 April 2024	6,657	-	589	1,870	9,116

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	420,735	408,307
Other debtors	61,317	41,535

	482,052	449,842

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	239,222	105,852
Bank loans and overdrafts	11,848	11,848
Amounts owed to group undertakings	229,324	199,324

	480,394	317,024

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	10,365	-

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Later than one year and not later than five years	10,365	-

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Traffic Control 123 Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	675,100	675,100

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