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
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
IV RAIL LTD
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
119,161
Creditors: amounts falling due within one year
(192,219)
Net current assets
180,159
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
IV RAIL LTD
Notes to the Accounts
for the year ended 31 March 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 31 March 2023
2,744
16
2,760
IV RAIL LTD
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
Taxes and social security
141,302
7
Average number of employees
During the year the average number of employees was 2.