Roadside Technologies Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09500094

Roadside Technologies Limited

Filleted Unaudited Abridged Financial Statements

31 March 2025

Roadside Technologies Limited

Abridged Financial Statements

Year Ended 31 March 2025

Contents	Page

Director's report	1

Abridged statement of financial position	3

Notes to the abridged financial statements	5

Roadside Technologies Limited

Director's Report

Year Ended 31 March 2025

The director presents his report and the unaudited abridged financial statements of the company for the year ended 31 March 2025 .

Director

The director who served the company during the year was as follows:

Mr C Moseley

Review of the business

Roadside Technologies Limited is a UK-based company specialising in the manufacture, supply, and hire of intelligent transport systems and roadside equipment. Its core products include:

* Variable Message Signs (VMS): Used for traffic management, events, and road works to display real-time information to the public.

* Speed Reduction Equipment: This includes Vehicle Activated Signs (VAS), mobile speed cameras, and handheld radar guns, primarily for traffic management, community speed watch groups, and private sites.

* Intelligent Transport Systems (ITS): Bespoke solutions that can integrate various technologies like CCTV, radar for speed detection, and data sensors for traffic monitoring.

The combination of in-house manufacturing and a rental/hire service allows the company to maintain a high degree of quality control and respond to client needs quickly. It can design and build bespoke solutions for specific client requirements and then deploy them through their rental fleet.

It's strategic location in Chesterfield, Derbyshire, and a network of satellite depots across the UK, enables it to offer a "within 24 hours' notice" service, a strong competitive advantage in a time-sensitive industry like highways and traffic management.

The company has carved out a strong niche in the "off-grid" highways market, with a focus on solar and battery-powered solutions. This aligns with the increasing emphasis on sustainability and reduced carbon footprint in the transport sector.

With over 40 years of combined experience, the company's leadership and in-house manufacturing capabilities position it as a knowledgeable and innovative problem-solver in their field.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 7 October 2025 and signed on behalf of the board by:

Mr C Moseley
Director

Roadside Technologies Limited

Abridged Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed Assets

Tangible assets	5		3,784,393	3,727,599

Current Assets

Stocks	26,494	53,568
Debtors	700,878	818,290
Cash at bank and in hand	443,996	233,868
	------------	------------
	1,171,368	1,105,726

Creditors: amounts falling due within one year	652,786		692,855
	------------		------------
Net Current Assets		518,582	412,871
		------------	------------
Total Assets Less Current Liabilities		4,302,975	4,140,470

Creditors: amounts falling due after more than one year		83,543	210,955

Provisions	932,121	909,657
	------------	------------
Net Assets	3,287,311	3,019,858
	------------	------------

Capital and Reserves

Called up share capital	7	100	100
Revaluation reserve		1,325,263	1,508,275
Profit and loss account		1,961,948	1,511,483
		------------	------------
Shareholders Funds		3,287,311	3,019,858
		------------	------------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Roadside Technologies Limited

Abridged Statement of Financial Position (continued)

31 March 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 7 October 2025 , and are signed on behalf of the board by:

Mr C Moseley
Director

Company registration number: 09500094

Roadside Technologies Limited

Notes to the Abridged Financial Statements

Year Ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Griffin Close, Ireland Industrial Estate, Staveley, Chesterfield, S43 3LJ.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of the hire fleet measured at fair value.

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

All of the members have consented to the preparation of abridged accounts in accordance with Section 444(2A) of the Companies Act 2006.

Research and development

Research and development costs have been expensed as incurred except where all the necessary conditions have been met to be capitalised. The company has capitalised the research and development costs where the technical feasibility and intention of completing the development and the ability to use or sell the intangible asset has been met.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Turnover from hire of equipment is recognised on a straight line basis over the period of the hire. Turnover from rental of sublet property is recognised on a straight line basis over the period of the sublet.

Patents

Costs relating to internally generated patents have been expensed as incurred except where all the necessary conditions have been met to be capitalised. The company has capitalised these patent costs where the technical feasibility and intention of completing the development and the ability to use or sell the intangible asset has been met.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

All tangible assets except for the hire fleet are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. The company has adopted the revaluation model for the hire fleet. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% reducing balance
Fixtures and fittings	-	20% reducing balance
Motor vehicles	-	25% straight line
Computer equipment	-	33% straight line
Hire fleet	-	revaluation model

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the abridged statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 26 (2024: 25 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Hire equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 1 Apr 2024	127,059	20,040	482,129	24,789	3,893,690	4,547,707
Additions	33,206	8,575	–	10,280	402,727	454,788
Disposals	–	–	( 79,622)	–	( 10,497)	( 90,119)
Revaluations	–	–	–	–	( 237,328)	( 237,328)
	---------	--------	---------	--------	------------	------------
At 31 Mar 2025	160,265	28,615	402,507	35,069	4,048,592	4,675,048
	---------	--------	---------	--------	------------	------------
Depreciation
At 1 Apr 2024	28,097	4,763	200,151	10,564	576,533	820,108
Charge for the year	23,133	4,459	100,382	8,843	–	136,817
Disposals	–	–	( 66,270)	–	–	( 66,270)
	---------	--------	---------	--------	------------	------------
At 31 Mar 2025	51,230	9,222	234,263	19,407	576,533	890,655
	---------	--------	---------	--------	------------	------------
Carrying amount
At 31 Mar 2025	109,035	19,393	168,244	15,662	3,472,059	3,784,393
	---------	--------	---------	--------	------------	------------
At 31 Mar 2024	98,962	15,277	281,978	14,225	3,317,157	3,727,599
	---------	--------	---------	--------	------------	------------

Tangible assets held at valuation

At the year end the directors revalued the hire fleet to £ 3,472,059 (2024: £ 3,317,157 ) being the fair value of the assets, reflecting each asset's age, physical condition and utility.

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Plant and machinery
	£
At 31 March 2025
Aggregate cost	2,273,383
Aggregate depreciation	(568,343)
	------------
Carrying value	1,705,040
	------------

At 31 March 2024
Aggregate cost	1,882,657
Aggregate depreciation	(576,533)
	------------
Carrying value	1,306,124
	------------

6. Secured liabilities

The aggregate amount of secured liabilities, secured on specific assets of the company, at the year end was £201,817 (2024: £320,685).

7. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

8. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	168,925	74,320
Later than 1 year and not later than 5 years	374,153	155,988
	---------	---------
	543,078	230,308
	---------	---------

9. Director's advances, credits and guarantees

There are no directors advances, credits or guarantees that require disclosure .