Company Registration No. 10265763 (England and Wales)
South West Rail Solutions Limited
Unaudited accounts
for the year ended 31 July 2022
South West Rail Solutions Limited
Unaudited accounts
Contents
South West Rail Solutions Limited
Company Information
for the year ended 31 July 2022
Director
Mark Arthur Boulton
Company Number
10265763 (England and Wales)
Registered Office
Office 5, The White House
Broomhill Way
Torquay
Devon
TQ2 7QL
UK
South West Rail Solutions Limited
Statement of financial position
as at 31 July 2022
Tangible assets
8,603
2,924
Cash at bank and in hand
324,069
224,931
Creditors: amounts falling due within one year
(17,979)
(1,620)
Net current assets
380,727
305,164
Net assets
389,330
308,088
Called up share capital
2
2
Profit and loss account
389,328
308,086
Shareholders' funds
389,330
308,088
For the year ending 31 July 2022 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 August 2022 and were signed on its behalf by
Mark Arthur Boulton
Director
Company Registration No. 10265763
South West Rail Solutions Limited
Notes to the Accounts
for the year ended 31 July 2022
South West Rail Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 10265763. The registered office is Office 5, The White House, Broomhill Way, Torquay, Devon, TQ2 7QL, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
South West Rail Solutions Limited
Notes to the Accounts
for the year ended 31 July 2022
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
50,637
77,073
Other debtors
24,000
4,000
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
8,479
1,620
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
7,115
-
-
7,115
Directors Loan
(7,115)
-
-
(7,115)
Directors Loan
14,700
-
-
14,700
Directors Loan
(14,700)
-
-
(14,700)
8
Average number of employees
During the year the average number of employees was 12 (2021: 12).