1 April 2022 false No description of principal activity Taxfiler 2023.10 09842857business:PrivateLimitedCompanyLtd2022-04-012023-03-31 098428572022-03-31 098428572022-04-012023-03-31 09842857business:AuditExemptWithAccountantsReport2022-04-012023-03-31 09842857business:FilletedAccounts2022-04-012023-03-31 098428572023-03-31 09842857business:Director12022-04-012023-03-31 09842857business:Director22022-04-012023-03-31 09842857business:RegisteredOffice2022-04-012023-03-31 098428572022-03-31 09842857core:WithinOneYear2023-03-31 09842857core:WithinOneYear2022-03-31 09842857core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 09842857core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 09842857core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 09842857core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 09842857core:PreviouslyStatedAmount2023-03-31 09842857core:PreviouslyStatedAmount2022-03-31 09842857business:SmallEntities2022-04-012023-03-31 09842857countries:EnglandWales2022-04-012023-03-31 09842857core:FurnitureFittings2022-04-012023-03-31 09842857core:FurnitureFittings2022-03-31 09842857core:FurnitureFittings2023-03-31 098428572021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09842857 (England and Wales)
Raleigh Rail Ltd Unaudited accounts for the year ended 31 March 2023
Raleigh Rail Ltd Unaudited accounts Contents
Page
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Raleigh Rail Ltd Company Information for the year ended 31 March 2023
Directors
Mr B Papworth Mrs J Papworth
Company Number
09842857 (England and Wales)
Registered Office
PHEASANTS CRY CHURCH ROAD COLATON RALEIGH SIDMOUTH EX10 0LH UNITED KINGDOM
Accountants
Brambillow Accounting Ltd Brookhouse Cranoe Road Welham Leicestershire LE16 7UH
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Raleigh Rail Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,545 
4,360 
Current assets
Inventories
104 
- 
Debtors
4,156 
1,950 
Cash at bank and in hand
90,225 
69,553 
94,485 
71,503 
Creditors: amounts falling due within one year
(16,748)
(19,773)
Net current assets
77,737 
51,730 
Total assets less current liabilities
82,282 
56,090 
Provisions for liabilities
Deferred tax
(863)
(828)
Net assets
81,419 
55,262 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
81,418 
55,261 
Shareholders' funds
81,419 
55,262 
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
Mrs J Papworth Director Company Registration No. 09842857
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Raleigh Rail Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Raleigh Rail Ltd is a private company, limited by shares, registered in England and Wales, registration number 09842857. The registered office is PHEASANTS CRY CHURCH ROAD, COLATON RALEIGH, SIDMOUTH, EX10 0LH, UNITED KINGDOM.
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.
Presentation currency
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:
Fixtures & fittings
30% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Raleigh Rail Ltd Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2022
13,500 
Additions
2,746 
Disposals
(4,195)
At 31 March 2023
12,051 
Depreciation
At 1 April 2022
9,140 
Charge for the year
1,931 
On disposals
(3,565)
At 31 March 2023
7,506 
Net book value
At 31 March 2023
4,545 
At 31 March 2022
4,360 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,200 
1,950 
Accrued income and prepayments
173 
- 
Other debtors
1,783 
- 
4,156 
1,950 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
267 
5,628 
Taxes and social security
10,826 
7,648 
Other creditors
1,105 
- 
Loans from directors
4,550 
6,497 
16,748 
19,773 
7
Transactions with related parties
Included within creditors is an amount of £4,550 which is owed by the Company to the Directors (2022: £6,497). Interest is not charged on this amount and there is no fixed date for repayment.
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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