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REGISTERED NUMBER: 08079285 (England and Wales)



















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

RAIL OP PLANT HIRE LIMITED

RAIL OP PLANT HIRE LIMITED (REGISTERED NUMBER: 08079285)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RAIL OP PLANT HIRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTOR: M A Gilbert



REGISTERED OFFICE: Dickens House
Guithavon Street
Witham
Essex
CM8 1BJ



REGISTERED NUMBER: 08079285 (England and Wales)



SENIOR STATUTORY AUDITOR: Steven Collins



AUDITORS: Baverstocks Limited
Statutory Auditor
Chartered Certified Accountants
Dickens House
Guithavon Street
Witham
Essex
CM8 1BJ

RAIL OP PLANT HIRE LIMITED (REGISTERED NUMBER: 08079285)

BALANCE SHEET
31 DECEMBER 2021

2021 2020
Notes £    £   
CURRENT ASSETS
Debtors 3 30,071 6,806
Cash at bank 11,298 670,575
41,369 677,381
CREDITORS
Amounts falling due within one year 4 49,647 677,281
NET CURRENT (LIABILITIES)/ASSETS (8,278 ) 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,278

)

100

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (8,378 ) -
SHAREHOLDERS' FUNDS (8,278 ) 100

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 August 2022 and were signed by:





M A Gilbert - Director


RAIL OP PLANT HIRE LIMITED (REGISTERED NUMBER: 08079285)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

There are no estimates and assumptions that have a significant risk of causing material adjustment in the financial statements.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The financial statements have been prepared on a going concern basis, the validity of which depends upon the continued support of its fellow subsidiary company. In the event that the company could not continue on a going concern basis then adjustments would have to be made to reduce the value of assets to their recoverable amounts, provide for any further liabilities that might arise and to reclassify fixed assets as current assets.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Amounts owed by group undertakings 29,971 -
Other Debtors 100 6,806
30,071 6,806

RAIL OP PLANT HIRE LIMITED (REGISTERED NUMBER: 08079285)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade Creditors 139 3,179
Amounts owed to group undertakings 47,000 632,030
Corporation Tax - 40,072
Social Security and Other
Taxes 508 -
Accruals and Deferred Income 2,000 2,000
49,647 677,281

5. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Steven Collins (Senior Statutory Auditor)
for and on behalf of Baverstocks Limited

6. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

7. ULTIMATE CONTROLLING PARTY

The ultimate parent company who prepare group accounts is Rail Op Holdings Limited. The consolidated accounts are available from the company's registered office.