Capital Traffic Management Ltd,Ltd - AccountsLtd - Accounts

Capital Traffic Management Ltd,Ltd - AccountsLtd - Accounts

CAPITAL TRAFFIC MANAGEMENT LIMITED - Company Information

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2016-01-01 05703611 2016-12-31 05703611 2016-01-01 2016-12-31 05703611 2015-12-31 05703611 2015-01-01 2015-12-31 05703611 uk-core:WithinOneYear 2015-12-31 05703611 uk-core:WithinOneYear 2016-12-31 05703611 uk-core:AfterOneYear 2015-12-31 05703611 uk-core:AfterOneYear 2016-12-31 05703611 uk-core:ShareCapital 2016-12-31 05703611 uk-core:ShareCapital 2015-12-31 05703611 uk-core:RetainedEarningsAccumulatedLosses 2016-12-31 05703611 uk-core:RetainedEarningsAccumulatedLosses 2015-12-31 05703611 uk-bus:Director1 2016-01-01 2016-12-31 05703611 uk-core:LandBuildings 2016-01-01 2016-12-31 05703611 uk-core:PlantMachinery 2016-01-01 2016-12-31 05703611 uk-core:ToolsEquipment 2016-01-01 2016-12-31 05703611 uk-core:MotorVehicles 2016-01-01 2016-12-31 05703611 uk-core:FurnitureFittings 2016-01-01 2016-12-31 05703611 uk-core:ToolsEquipment 2015-12-31 05703611 uk-core:FurnitureFittings 2015-12-31 05703611 uk-core:MotorVehicles 2015-12-31 05703611 uk-core:PlantMachinery 2015-12-31 05703611 uk-core:MotorVehicles 2016-12-31 05703611 uk-core:FurnitureFittings 2016-12-31 05703611 uk-core:ToolsEquipment 2016-12-31 05703611 uk-core:PlantMachinery 2016-12-31 05703611 uk-core:WithinOneYear 2016-12-31 05703611 uk-core:WithinOneYear 2015-12-31 iso4217:GBP 05703611 uk-bus:AuditExempt-NoAccountantsReport 2016-01-01 2016-12-31 05703611 uk-bus:FRS102 2016-01-01 2016-12-31 05703611 uk-bus:FullAccounts 2016-01-01 2016-12-31 05703611 uk-bus:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31
Capital Traffic Management Ltd
Registered Number:05703611
For the year ended 31 December 2016
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2016
Capital Traffic Management Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
As at 31 December 2016
Capital Traffic Management Ltd
Statement of Financial Position
Registered Number :
05703611
£
£
2015
2016
Notes
Fixed assets
Property, plant and equipment
230,346
234,488
2
230,346
234,488
Current assets
Trade and other receivables
330,336
333,094
3
40,001
Cash and cash equivalents
181,567
514,661
370,337
Trade and other payables: amounts falling due within one year
(266,641)
(306,263)
4
103,696
208,398
Net current assets
Total assets less current liabilities
438,744
338,184
Trade and other payables: amounts falling due after more than one
year
(111,911)
(76,302)
5
362,442
Net assets
226,273
Capital and reserves
Called up share capital
2
2
Retained earnings
362,440
226,271
362,442
226,273
Shareholders' funds
For the year ended 31 December 2016 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 of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable
to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
MR J THOMPSON Director
These financial statements were approved and authorised for issue by the Board on 15 May 2017 and were signed by:
1 of 5
4
For the year ended 31 December 2016
Capital Traffic Management Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 5
5
For the year ended 31 December 2016
Capital Traffic Management Ltd
Notes to the Financial Statements
Statutory Information
Capital Traffic Management Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05703611.
Registered address:
The Old Council Yard
Hedingham Road
Great Yeldham
CO9 4HS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
25 Straight line
Plant and machinery
25 Straight line
25 Straight line
Computer equipment
25 Straight line
Motor vehicles
25 Straight line
Fixtures and fittings
Inventories
Stocks 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 costs and an appropriate proportion of fixed and variable overheads. Debtors include amounts recoverable on long term contracts which are stated at the net sales value of the work done after provision for contingencies and any anticipated future losses on contracts, less amounts received as progress payments on account. Any excess progress payments are included in creditors as payments on account.
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
3 of 5
6
For the year ended 31 December 2016
Capital Traffic Management Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or valuation
At 01 January 2016
364,133
7,086
870
185,730
170,447
86,137
8,773
1,030
60,261
16,073
Additions
-
-
(12,254)
-
Disposals
(12,254)
At 31 December 2016
233,737
1,900
15,859
438,016
186,520
Provision for depreciation and impairment
At 01 January 2016
129,645
7,086
870
64,829
56,860
Charge for year
78,025
366
21
42,746
34,892
At 31 December 2016
207,670
7,452
891
107,575
91,752
At 31 December 2016
Net book value
94,768
126,162
1,009
8,407
230,346
At 31 December 2015
113,587
120,901
-
-
234,488
3. Trade and other receivables
2015
2016
£
£
Trade debtors
328,355
326,507
Other debtors
4,739
3,829
330,336
333,094
4. Trade and other payables: amounts falling due within one year
2015
2016
£
£
Bank loans and overdraft
-
3,652
Trade creditors
36,199
89,920
Taxation and social security
171,744
108,230
Other creditors
98,320
64,839
306,263
266,641
5. Trade and other payables: amounts falling due after more than one year
2015
2016
£
£
Other creditors
76,302
111,911
4 of 5
7
For the year ended 31 December 2016
Capital Traffic Management Ltd
Notes to the Financial Statements Continued
5 of 5