1 February 2022 false No description of principal activity Taxfiler 2023.9.1 08870127business:PrivateLimitedCompanyLtd2022-02-012023-01-31 088701272022-01-31 088701272022-02-012023-01-31 08870127business:AuditExempt-NoAccountantsReport2022-02-012023-01-31 08870127business:FilletedAccounts2022-02-012023-01-31 088701272023-01-31 08870127business:Director12022-02-012023-01-31 08870127business:RegisteredOffice2022-02-012023-01-31 088701272022-01-31 08870127core:WithinOneYear2023-01-31 08870127core:WithinOneYear2022-01-31 08870127core:AfterOneYear2023-01-31 08870127core:AfterOneYear2022-01-31 08870127core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 08870127core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 08870127core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 08870127core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 08870127core:PreviouslyStatedAmount2023-01-31 08870127core:PreviouslyStatedAmount2022-01-31 08870127business:SmallEntities2022-02-012023-01-31 08870127countries:EnglandWales2022-02-012023-01-31 088701272021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. 08870127 (England and Wales)
Maxi Rail Ltd Unaudited accounts for the year ended 31 January 2023
Maxi Rail Ltd Unaudited accounts Contents
Page
- 2 -
Maxi Rail Ltd Company Information for the year ended 31 January 2023
Director
J Cowley
Company Number
08870127 (England and Wales)
Registered Office
85 Harlequin Drive Worksop Nottinghamshire S81 7SP
Accountants
R M Accountancy Services Ltd The Old Post Office 137-139 Long Street Dordon Staffordshire B78 1SH
- 3 -
Maxi Rail Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
12,418 
23,257 
Cash at bank and in hand
1,763 
234 
14,181 
23,491 
Creditors: amounts falling due within one year
(8,980)
(15,927)
Net current assets
5,201 
7,564 
Total assets less current liabilities
5,201 
7,564 
Creditors: amounts falling due after more than one year
(4,666)
(6,672)
Net assets
535 
892 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
534 
891 
Shareholders' funds
535 
892 
For the year ending 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 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 24 October 2023 and were signed on its behalf by
J Cowley Director Company Registration No. 08870127
- 4 -
Maxi Rail Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Maxi Rail Ltd is a private company, limited by shares, registered in England and Wales, registration number 08870127. The registered office is 85 Harlequin Drive, Worksop, Nottinghamshire, S81 7SP.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,418 
22,257 
Other debtors
1,000 
1,000 
12,418 
23,257 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,000 
2,000 
Taxes and social security
7,230 
9,380 
Loans from directors
(1,030)
3,107 
Accruals
780 
1,440 
8,980 
15,927 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
4,666 
6,672 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 5 -