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REGISTERED NUMBER: 04394552 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

A J Rail Limited

A J Rail Limited (Registered number: 04394552)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A J Rail Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: N Jeffery





REGISTERED OFFICE: Worth Corner
Turners Hill Road
Pound Hill
Crawley
West Sussex
RH10 7SL





REGISTERED NUMBER: 04394552 (England and Wales)





ACCOUNTANTS: Millards, Chartered Accountants
Worth Corner
Turners Hill Road
Crawley
West Sussex
RH10 7SL

A J Rail Limited (Registered number: 04394552)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,345 4,117

CURRENT ASSETS
Debtors 5 125 22,159
Cash at bank 112,558 62,704
112,683 84,863
CREDITORS
Amounts falling due within one year 6 60,428 57,608
NET CURRENT ASSETS 52,255 27,255
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,600

31,372

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 54,500 31,272
SHAREHOLDERS' FUNDS 54,600 31,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

A J Rail Limited (Registered number: 04394552)

Balance Sheet - continued
31 March 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 October 2023 and were signed by:





N Jeffery - Director


A J Rail Limited (Registered number: 04394552)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

A J Rail Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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.

Turnover
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Depreciation is provided on tangible fixed assets so as to write off the cost less any estimated residual value over their expected useful economic life as follows:

Plant and equipment 25% straight line

Office equipment 33% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

A J Rail Limited (Registered number: 04394552)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 6,695 2,391 9,086
DEPRECIATION
At 1 April 2022 3,062 1,907 4,969
Charge for year 1,498 274 1,772
At 31 March 2023 4,560 2,181 6,741
NET BOOK VALUE
At 31 March 2023 2,135 210 2,345
At 31 March 2022 3,633 484 4,117

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors - 22,080
Prepayments and accrued income 125 79
125 22,159

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Tax 35,249 33,554
Social security and other taxes 1,649 1,276
VAT 15,396 15,146
Directors' current accounts 7,084 6,757
Accrued expenses 1,050 875
60,428 57,608

A J Rail Limited (Registered number: 04394552)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 April 2022 31,272
Profit for the year 148,228
Dividends (125,000 )
At 31 March 2023 54,500

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
N Jeffery
Balance outstanding at start of year - (5,610 )
Amounts repaid - (5,610 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £125,000 (2022 - £125,000) were paid to the director .

Mr N Jeffery

Director and shareholder

Amount due to related party at the balance sheet date was £7,084 (2022 : £6,757).

11. ULTIMATE CONTROLLING PARTY

The controlling party is N Jeffery.