TRANSPORT ACTION CONSULTANCY LLP

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

Registered number: OC419347

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		222		833

			222		833
CURRENT ASSETS
Cash at bank and in hand		422		115

		422		115
Creditors: Amounts Falling Due Within One Year		(900 )		(900 )

NET CURRENT ASSETS (LIABILITIES)			(478 )		(785 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(256 )		48

NET (LIABILITIES)/ASSETS ATTRIBUTABLE TO MEMBERS			(256 )		48

REPRESENTED BY:
Loans and other debts due to members
Other amounts		63,479		44,066

			63,479		44,066

Equity
Members' other interests
Members' capital		(63,735)		(44,018)

			(63,735)		(44,018)

			(256)		48

TOTAL MEMBERS' INTEREST
Loans and other debts due to members			63,479		44,066
Members' other interests			(63,735)		(44,018)

			(256)		48

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TRANSPORT ACTION CONSULTANCY LLP

Abridged Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

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

All of the LLP's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the members

Mr Roland George Barber

Designated Member

06/10/2025

The notes on page 3 form part of these financial statements.

1. General Information

TRANSPORT ACTION CONSULTANCY LLP is a limited liability partnership, incorporated in England & Wales, registered number OC419347 . The Registered Office is 88 Herne Bay Road, Whitstable, Kent, CT6 7PX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

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:

Fixtures & Fittings	25% on reducing balance
Computer Equipment	33% on cost

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	2,450

As at 31 March 2025	2,450

Depreciation
As at 1 April 2024	1,617
Provided during the period	611

As at 31 March 2025	2,228

Net Book Value
As at 31 March 2025	222

As at 1 April 2024	833

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