Tracked Access Platforms Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

1. General Information

Tracked Access Platforms Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07546009 . The registered office is Suite 2 The Point, Mayfield Road, Ilkley, West Yorkshire, LS29 8FL.

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

15% Reducing balance

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 income statement 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 income statement as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

...CONTINUED

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Tracked Access Platforms Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Taxation - continued

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 3)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	1,718,061
Additions	343,340
Disposals	(132,600 )

As at 31 March 2025	1,928,801

Depreciation
As at 1 April 2024	540,105
Provided during the period	313,380
Disposals	(60,437 )

As at 31 March 2025	793,048

Net Book Value
As at 31 March 2025	1,135,753

As at 1 April 2024	1,177,956

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	296,372	298,223
Amounts owed by group undertakings	313,198	136,710
Other debtors	299,579	345,853

	909,149	780,786

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	249,022	173,065
Trade creditors	107,611	256,628
Amounts owed to group undertakings	92,450	308,882
Other creditors	494,868	451,113
Taxation and social security	187,465	-

	1,131,416	1,189,688

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Tracked Access Platforms Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	211,875	243,156

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	249,022	173,065
Later than one year and not later than five years	211,875	243,156

	460,897	416,221

	460,897	416,221

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	106	106

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Adam Gallagher	93,867	13,395	93,867	-	13,395
Mr Arthur Gallagher	1,750	-	505	-	1,245
Mr Liam Gallagher	67,328	13,825	67,328	-	13,825

The above loans are unsecured, interest free and repayable on demand.

11. Related Party Transactions

Java Joe Coffee House Limited

Under common control

As at the balance sheet date the amount owed by the related party was £9,574 (2024: £9,574).

Elite Access Rentals Ltd

Under common control

As at the balance sheet date the amount owed to the related party was £92,450 (2024: £92,450)

Anlaby Window Cleaning Services Limited

Under common control

As at the balance sheet date the amount owed by the related party was £122,336 (2024: £127,136).

Anlaby Office Cleaning Services Limited

Under common control

As at the balance sheet date the amount owed by the related party was £181,288 (2024: £216,432 owed to the related party).

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,135,753		1,177,956

			1,135,753		1,177,956
CURRENT ASSETS
Debtors	5	909,149		780,786
Cash at bank and in hand		629,151		674,153

		1,538,300		1,454,939
Creditors: Amounts Falling Due Within One Year	6	(1,131,416 )		(1,189,688 )

NET CURRENT ASSETS (LIABILITIES)			406,884		265,251

TOTAL ASSETS LESS CURRENT LIABILITIES			1,542,637		1,443,207

Creditors: Amounts Falling Due After More Than One Year	7		(211,875 )		(243,156 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(283,938 )		(223,812 )

NET ASSETS			1,046,824		976,239

CAPITAL AND RESERVES
Called up share capital	9		106		106
Income Statement			1,046,718		976,133

SHAREHOLDERS' FUNDS			1,046,824		976,239