| Transport Planning and Highway Solutions Limited |
| Registered number: |
05684244 |
| Abridged Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
2,967 |
|
|
1,269 |
|
| Current assets |
| Debtors |
|
|
139,568 |
|
|
124,544 |
| Cash at bank and in hand |
|
|
- |
|
|
1,214 |
|
|
|
139,568 |
|
|
125,758 |
|
| Creditors: amounts falling due within one year |
|
|
(91,305) |
|
|
(73,392) |
|
| Net current assets |
|
|
|
48,263 |
|
|
52,366 |
|
| Total assets less current liabilities |
|
|
|
51,230 |
|
|
53,635 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(22,220) |
|
|
(26,941) |
|
| Provisions for liabilities |
|
|
|
(761) |
|
|
(36) |
|
|
| Net assets |
|
|
|
28,249 |
|
|
26,658 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
28,247 |
|
|
26,656 |
|
| Shareholder's funds |
|
|
|
28,249 |
|
|
26,658 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
| The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006. |
|
|
| S Jones |
| Director |
| Approved by the board on 29 September 2025 |
|
| Transport Planning and Highway Solutions Limited |
| Notes to the Abridged Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Summary of significant accounting policies |
|
|
Basis of preparation |
|
The abridged accounts have been prepared in accordance with Financial Reporting Standard 102 (FRS 102) and the Companies Act 2006 (as applicable to companies subject to the small company regime).
The significant accounting policies applies in the preparation of these statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes and represents amounts recoverable from clients for consultancy services and associated expenses provided during the year. Turnover is recognised when the amount can be reliably measured and it is probable that future economic benefits will flow. Recognition of turnover is in the period in which the services are rendered by reference to the stage of completion, which is assessed on the actual services provided as a proportion of the total value of services to be provided. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Office equipment |
20 % straight line basis |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
Employee benefits |
|
When employees have rendered service to the company, short term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. |
|
|
Leased assets |
|
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
4 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Total |
| £ |
|
Cost |
|
At 1 January 2024 |
5,415 |
|
Additions |
2,313 |
|
Disposals |
(467) |
|
At 31 December 2024 |
7,261 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2024 |
4,146 |
|
Charge for the year |
613 |
|
On disposals |
(465) |
|
At 31 December 2024 |
4,294 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
2,967 |
|
At 31 December 2023 |
1,269 |
|
|
| 4 |
Loans |
2024 |
|
2023 |
| £ |
£ |
|
Creditors include: |
|
|
Secured bank loans |
- |
|
1,528 |
|
|
|
|
|
|
|
|
|
|
The bank loan has been guaranteed by the director of the company. |
|
|
| 5 |
Share Capital |
Nominal |
Number |
|
2024 |
|
2023 |
| value |
|
2023 |
£ |
£ |
|
Allotted, called up and fully paid |
|
Ordinary shares |
£1 each |
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other financial commitments |
2024 |
|
2023 |
| £ |
£ |
|
|
Total future minimum payments under non-cancellable operating leases |
|
1,820 |
|
19,652 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
S Jones |
|
Interest free loan repayable on demand |
63,488 |
|
73,867 |
|
(83,552) |
|
53,803 |
|
|
|
63,488 |
|
73,867 |
|
(83,552) |
|
53,803 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
Transport Planning and Highway Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Eximus Capital |
|
Token House |
|
11-12 Tokenhouse Yard |
|
London |
|
EC2R 7AS |