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Registered number: 15492769
Roadsafe Traffic Management (North East) Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 15492769
28 February 2026 28 February 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,664 1,664
Tangible Assets 5 227,812 161,420
229,476 163,084
CURRENT ASSETS
Stocks 6 3,730 -
Debtors 7 404,713 343,512
Cash at bank and in hand 110,772 32,754
519,215 376,266
Creditors: Amounts Falling Due Within One Year 8 (384,213 ) (339,727 )
NET CURRENT ASSETS (LIABILITIES) 135,002 36,539
TOTAL ASSETS LESS CURRENT LIABILITIES 364,478 199,623
Creditors: Amounts Falling Due After More Than One Year 9 (98,867 ) (67,803 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (56,953 ) -
NET ASSETS 208,658 131,820
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 208,558 131,720
SHAREHOLDERS' FUNDS 208,658 131,820
Page 1
Page 2
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Mr Laurence Pearce
Director
Mr William Alberts
Director
2nd September 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Roadsafe Traffic Management (North East) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15492769 . The registered office is Office F34 Bizspace Amber Court, William Armstrong Drive, Newcastle Upon Tyne, Tyne and Wear, NE4 7YA.
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. 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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. 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:
Plant & Machinery 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 33% Straight Line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2025: 17)
18 17
4. Intangible Assets
Goodwill
£
Cost
As at 1 March 2025 1,664
As at 28 February 2026 1,664
Net Book Value
As at 28 February 2026 1,664
As at 1 March 2025 1,664
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2025 172,292 5,600 3,681 181,573
Additions 108,316 - 766 109,082
As at 28 February 2026 280,608 5,600 4,447 290,655
Depreciation
As at 1 March 2025 19,060 583 510 20,153
Provided during the period 39,973 1,400 1,317 42,690
As at 28 February 2026 59,033 1,983 1,827 62,843
...CONTINUED
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Net Book Value
As at 28 February 2026 221,575 3,617 2,620 227,812
As at 1 March 2025 153,232 5,017 3,171 161,420
6. Stocks
28 February 2026 28 February 2025
£ £
Work in progress 3,730 -
7. Debtors
28 February 2026 28 February 2025
£ £
Due within one year
Trade debtors 359,216 310,377
Other debtors 45,497 33,135
404,713 343,512
8. Creditors: Amounts Falling Due Within One Year
28 February 2026 28 February 2025
£ £
Net obligations under finance lease and hire purchase contracts 65,679 40,830
Trade creditors 33,486 36,881
Amounts owed to group undertakings 25,000 25,000
Other creditors 149,193 140,332
Taxation and social security 110,855 96,684
384,213 339,727
9. Creditors: Amounts Falling Due After More Than One Year
28 February 2026 28 February 2025
£ £
Net obligations under finance lease and hire purchase contracts 98,867 67,803
10. Obligations Under Finance Leases and Hire Purchase
28 February 2026 28 February 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 77,493 47,078
Later than one year and not later than five years 123,316 80,547
200,809 127,625
Less: Finance charges allocated to future periods 36,263 18,992
164,546 108,633
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11. Share Capital
28 February 2026 28 February 2025
£ £
Allotted, Called up and fully paid 100 100
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