2022-02-01 2023-01-31 07990065 Purdy Rail Limited false 07990065 2022-02-01 2023-01-31 07990065 uk-bus:Director1 2022-02-01 2023-01-31 07990065 uk-bus:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 07990065 uk-bus:SmallEntities 2022-02-01 2023-01-31 07990065 uk-bus:FullAccounts 2022-02-01 2023-01-31 07990065 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 07990065 2022-02-01 07990065 2023-01-31 07990065 2022-01-31 xbrli:pure iso4217:GBP 07990065 2021-02-01 2022-01-31
Company Registration Number : 07990065 (England and Wales)
07990065
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-01-31
false
Purdy Rail Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-02-01
Purdy Rail Limited
Unaudited filleted financial statements
For the year ended 31 January 2023
Purdy Rail Limited
Contents
For the year ended 31 January 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Purdy Rail Limited
Company Information
For the year ended 31 January 2023

Company registration number 07990065 (England and Wales)
Director William Kenneth Balderson
Registered office address Dns House
382 Kenton Road
Harrow, Middlesex
United Kingdom
HA3 8DP
Accountant DNS Accountants Ltd
Chartered Management Accountants
382 Kenton Road
Harrow, Middlesex
United Kingdom
HA3 8DP
Purdy Rail Limited
Statement of Financial Position
For the year ended 31 January 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 463 617
6 463 617
Current assets
Debtors 7,711 -
Cash and cash equivalents 3,831 3,871
11,543 3,871
Current liabilities
Creditors: Amounts falling due within one year (4,861) (6,198)
Corporation tax payable (2,198) (561)
(7,059) (6,759)
Net current assets/(liabilities) 4,484 (2,889)
Total assets less current liabilities 4,946 (2,272)
Non-current liabilities
Creditors: Amounts falling due after more than one year (4,834) (6,834)
Net assets/(liabilities) 112 (9,106)
Capital and reserves
Called up share capital 100 100
Retained earnings 12 (9,206)
Shareholders' funds 112 (9,106)
For the year ended 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 January 2023 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 their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 14 October 2023
.............................
William Kenneth Balderson (Director)
Company registration number: 07990065
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-01-31 31 January 2023
2023 2022
£ £
Fixed Assets 463 617
Current Assets 11,543 3,871
Creditors: amounts falling due within one year (7,059) (6,759)
Net current assets (liabilities) 4,484 (2,889)
Total assets less current liabilities 4,946 (2,272)
CREDITORS: Amounts falling due more than one year (4,834) (6,834)
Net Assets (liabilities) 112 (9,106)
Capital and Reserves 112 (9,106)
For the year ending 1/31/2023 the company was entitled to exemption 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. For the year ending 31-01-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 14 October 2023 2023-10-14 and signed on behalf of the board,
.............................
William Kenneth Balderson
Director
Company registration number: 07990065
Purdy Rail Limited
Notes to the Financial Statements
For the year ended 31 January 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Dns House, 382 Kenton Road, Harrow, Middlesex, United Kingdom, HA3 8DP.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment25% reducing balance
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Employees
During the year, the average number of employees including director was 2 (2022 : 2).

(5) Directors advances, credit and guarantees
The director owed £7,711 at the period end and it was repaid on 13 October 2023.

(6) Fixed assets
Tangible

£
Cost
As at 01 February 20228,738
As at 31 January 20238,738
Depreciation/Amortisation
As at 01 February 20228,121
For the year154
As at 31 January 20238,275
Net book value
As at 31 January 2023463
As at 31 January 2022617