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Registered number: 05884390
Roadscan Limited
Financial Statements
For The Year Ended 31 December 2024
Newman Morris Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05884390
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,804 3,862
3,804 3,862
CURRENT ASSETS
Stocks 5 2,500 2,500
Debtors 6 22,075 22,267
Cash at bank and in hand 2,577 6,605
27,152 31,372
Creditors: Amounts Falling Due Within One Year 7 (8,649 ) (11,237 )
NET CURRENT ASSETS (LIABILITIES) 18,503 20,135
TOTAL ASSETS LESS CURRENT LIABILITIES 22,307 23,997
NET ASSETS 22,307 23,997
CAPITAL AND RESERVES
Called up share capital 8 1,050 1,050
Profit and Loss Account 21,257 22,947
SHAREHOLDERS' FUNDS 22,307 23,997
Page 1
Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Michael Evans
Director
22/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Roadscan Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05884390 . The registered office is 5a Thrales End Farm, Thrales End Lane, Harpenden, Hertfordshire, AL5 3NS.
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. 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:
Freehold N/A
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 33% straight line
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 3,630 5,500 3,289 12,419
As at 31 December 2024 3,630 5,500 3,289 12,419
Depreciation
As at 1 January 2024 - 5,268 3,289 8,557
Provided during the period - 58 - 58
As at 31 December 2024 - 5,326 3,289 8,615
Net Book Value
As at 31 December 2024 3,630 174 - 3,804
As at 1 January 2024 3,630 232 - 3,862
5. Stocks
2024 2023
£ £
Stock 2,500 2,500
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 192
Other debtors 19,826 19,826
Corporation tax recoverable assets 2,249 2,249
22,075 22,267
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 2,238
Bank loans and overdrafts - 29
VAT - 519
Accruals and deferred income 8,250 8,190
Director's loan account 399 261
8,649 11,237
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,050 1,050
Page 4