Accounts Submission
Accounts Submission
SPW TRAFFIC CONTROL LIMITED
Company Registration Number:
01554163
(England and Wales)
Unaudited statutory accounts for the year ended 30 September 2020
Period of accounts
Start date: 01 October 2019
End date: 30 September 2020
SPW TRAFFIC CONTROL LIMITED
Contents of the Financial Statements
for the Period Ended 30 September 2020
Company Information - 3 | |
Balance sheet - 4 | |
Additional notes - 6 | |
Balance sheet notes - 9 |
SPW TRAFFIC CONTROL LIMITED
Company Information
for the Period Ended 30 September 2020
Director: |
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Secretary: |
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Registered office: |
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Company Registration Number: |
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SPW TRAFFIC CONTROL LIMITED
Balance sheet
As at
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2020 £ |
2019 £ |
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Fixed assets | |||
Intangible assets: | 4 |
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Tangible assets: | 5 |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 6 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 7 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Provision for liabilities: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
SPW TRAFFIC CONTROL LIMITED
Balance sheet continued
As at 30 September 2020
Notes |
2020 £ |
2019 £ |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
SPW TRAFFIC CONTROL LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2020
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1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT. Tangible fixed assets depreciation policy
Depreciation is provided, after taking account of any grants receivable, at
the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings 33% Straight lineIntangible fixed assets amortisation policy
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives, not to exceed twenty
years. Impairment of intangible assets is only reviewed where circumstance indicate that the carrying value of an asset may not be fully recoverable.Other accounting policies
The company has a deficit on shareholders' funds and relies upon the support of its shareholders and creditors, which has been confirmed for a period of at least twelve months from the approval of the financial statements. Accordingly the directors have prepared the financial statements on the going concern basis. 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 items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
SPW TRAFFIC CONTROL LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2020
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2. Employees
2020
2019Average number of employees during the period 0 0
SPW TRAFFIC CONTROL LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2020
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3. Off balance sheet disclosure
No
SPW TRAFFIC CONTROL LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2020
4. Intangible assets
Goodwill | Total | |
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Cost | £ | £ |
At 01 October 2019 |
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Additions | - | - |
Disposals | - | - |
Revaluations | - | - |
Transfers | - | - |
At 30 September 2020 |
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Amortisation | ||
Amortisation at 01 October 2019 |
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Charge for year |
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On disposals | - | - |
Other adjustments | - | - |
Amortisation at 30 September 2020 |
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Net book value | ||
Net book value at 30 September 2020 |
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Net book value at 30 September 2019 |
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SPW TRAFFIC CONTROL LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2020
5. Tangible assets
Land & buildings | Total | |
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Cost | £ | £ |
At 01 October 2019 |
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Additions | - | - |
Disposals | - | - |
Revaluations | - | - |
Transfers | - | - |
At 30 September 2020 |
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Depreciation | ||
At 01 October 2019 |
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Charge for year |
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On disposals | - | - |
Other adjustments | - | - |
At 30 September 2020 |
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Net book value | ||
At 30 September 2020 |
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At 30 September 2019 |
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SPW TRAFFIC CONTROL LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2020
6. Debtors
2020 £ |
2019 £ |
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Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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SPW TRAFFIC CONTROL LIMITED
Notes to the Financial Statements
for the Period Ended 30 September 2020
7.Creditors: amounts falling due within one year note
2020 £ |
2019 £ |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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