Blade Traffic Management Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08020198

BLADE TRAFFIC MANAGEMENT LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 March 2025

BLADE TRAFFIC MANAGEMENT LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	6		179,427	218,814

CURRENT ASSETS

Debtors	7	1,693,076	2,016,893
Cash at bank and in hand		470,442	459,213
		------------	------------
		2,163,518	2,476,106

CREDITORS: amounts falling due within one year	8	( 920,053)		( 1,259,245)
		------------		------------
NET CURRENT ASSETS			1,243,465	1,216,861
			------------	------------
TOTAL ASSETS LESS CURRENT LIABILITIES			1,422,892	1,435,675

CREDITORS: amounts falling due after more than one year	9		( 9,315)	( 19,315)

PROVISIONS	( 39,088)	( 54,685)
	------------	------------
NET ASSETS	1,374,489	1,361,675
	------------	------------

CAPITAL AND RESERVES

Called up share capital	100	100
Profit and loss account	1,374,389	1,361,575
	------------	------------
SHAREHOLDERS FUNDS	1,374,489	1,361,675
	------------	------------

These 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 statement of income and retained earnings 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 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 financial statements .

BLADE TRAFFIC MANAGEMENT LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 22 December 2025 , and are signed on behalf of the board by:

H Kilpatrick
Director

Company registration number: 08020198

BLADE TRAFFIC MANAGEMENT LIMITED

NOTES TO THE 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 12 Foster Way, Bradford, BD5 8HB.

2. STATEMENT OF COMPLIANCE

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

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Research and development

Research expenditure is written off in the period in which it is incurred.

Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met:

- It is technically feasible to complete the intangible asset so that it will be available for use or sale;

- There is the intention to complete the intangible asset and use or sell it;

- There is the ability to use or sell the intangible asset;

- The use or sale of the intangible asset will generate probable future economic benefits;

- There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and

- The expenditure attributable to the intangible asset during its development can be measured reliably.

Expenditure that does not meet the above criteria is expensed as incurred.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of services supplied exclusive of VAT.

Income tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

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

Plant and machinery	-	18% reducing balance
Fixtures and fittings	-	18% reducing balance
Equipment	-	18% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 36 (2024: 36 ).

5. TAX ON LOSS

Major components of tax income

	2025	2024
	£	£

Current tax:

Adjustments in respect of prior periods	( 64,320)	( 8,725)

Deferred tax:

Origination and reversal of timing differences	( 15,597)	( 10,730)
	--------	--------
Tax on loss	( 79,917)	( 19,455)
	--------	--------

6. TANGIBLE ASSETS

	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 April 2024 and 31 March 2025	492,728	2,634	10,649	506,011
	---------	-------	--------	---------
Depreciation
At 1 April 2024	275,850	2,095	9,252	287,197
Charge for the year	39,039	97	251	39,387
	---------	-------	--------	---------
At 31 March 2025	314,889	2,192	9,503	326,584
	---------	-------	--------	---------
Carrying amount
At 31 March 2025	177,839	442	1,146	179,427
	---------	-------	--------	---------
At 31 March 2024	216,878	539	1,397	218,814
	---------	-------	--------	---------

7. DEBTORS

	2025	2024
	£	£
Trade debtors	1,089,613	1,641,430
Other debtors	603,463	375,463
	------------	------------
	1,693,076	2,016,893
	------------	------------

8. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,000	10,000
Trade creditors	698,385	974,997
Social security and other taxes	190,692	247,619
Other creditors	20,976	26,629
	---------	------------
	920,053	1,259,245
	---------	------------

9. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,666	11,666
Other creditors	7,649	7,649
	-------	--------
	9,315	19,315
	-------	--------