1 April 2022 false No description of principal activity Taxfiler 2023.10 07403729business:PrivateLimitedCompanyLtd2022-04-012023-03-31 074037292022-03-31 074037292022-04-012023-03-31 07403729business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 07403729business:FilletedAccounts2022-04-012023-03-31 074037292023-03-31 07403729business:Director12022-04-012023-03-31 07403729business:Director22022-04-012023-03-31 07403729business:RegisteredOffice2022-04-012023-03-31 07403729core:WithinOneYear2023-03-31 07403729core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 07403729core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 07403729core:PreviouslyStatedAmount2023-03-31 07403729business:SmallEntities2022-04-012023-03-31 07403729countries:EnglandWales2022-04-012023-03-31 07403729core:MotorVehicles2022-03-31 07403729core:ComputerEquipment2022-03-31 07403729core:MotorVehicles2023-03-31 07403729core:ComputerEquipment2023-03-31 07403729core:MotorVehicles2022-04-012023-03-31 07403729core:ComputerEquipment2022-04-012023-03-31 07403729core:AfterOneYear2023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07403729 (England and Wales)
IV RAIL LTD Unaudited accounts for the year ended 31 March 2023
IV RAIL LTD Unaudited accounts Contents
Page
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IV RAIL LTD Company Information for the year ended 31 March 2023
Directors
Iulian Vasile PASCAROIU, Nausica AIONOAIE
Company Number
07403729 (England and Wales)
Registered Office
35 CHELMSFORD DRIVE UPMINSTER RM14 2PH ENGLAND
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IV RAIL LTD Statement of financial position as at 31 March 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
2,760 
Current assets
Debtors
253,217 
Cash at bank and in hand
119,161 
372,378 
Creditors: amounts falling due within one year
(192,219)
Net current assets
180,159 
Net assets
182,919 
Capital and reserves
Called up share capital
1 
Profit and loss account
182,918 
Shareholders' funds
182,919 
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 3 July 2023 and were signed on its behalf by
Iulian Vasile PASCAROIU, Director Company Registration No. 07403729
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IV RAIL LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
IV RAIL LTD is a private company, limited by shares, registered in England and Wales, registration number 07403729. The registered office is 35 CHELMSFORD DRIVE, UPMINSTER, RM14 2PH, ENGLAND.
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
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
10,801 
275 
11,076 
At 31 March 2023
10,801 
275 
11,076 
Depreciation
At 1 April 2022
7,143 
254 
7,397 
Charge for the year
914 
5 
919 
At 31 March 2023
8,057 
259 
8,316 
Net book value
At 31 March 2023
2,744 
16 
2,760 
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IV RAIL LTD Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
15,540 
Other debtors
146,465 
162,005 
Amounts falling due after more than one year
Other debtors
91,212 
6
Creditors: amounts falling due within one year
2023 
£ 
VAT
49,677 
Taxes and social security
141,302 
Accruals
1,240 
192,219 
7
Average number of employees
During the year the average number of employees was 2.
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