1 April 2021 false No description of principal activity Taxfiler 2023.10.2 SC614451business:PrivateLimitedCompanyLtd2021-04-012022-03-31 SC6144512021-03-31 SC6144512021-04-012022-03-31 SC614451business:AuditExemptWithAccountantsReport2021-04-012022-03-31 SC614451business:FilletedAccounts2021-04-012022-03-31 SC6144512022-03-31 SC614451business:Director12021-04-012022-03-31 SC614451business:RegisteredOffice2021-04-012022-03-31 SC6144512021-03-31 SC614451core:WithinOneYear2022-03-31 SC614451core:WithinOneYear2021-03-31 SC614451core:AfterOneYear2022-03-31 SC614451core:AfterOneYear2021-03-31 SC614451core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 SC614451core:ShareCapitalcore:PreviouslyStatedAmount2021-03-31 SC614451core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 SC614451core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-03-31 SC614451core:PreviouslyStatedAmount2022-03-31 SC614451core:PreviouslyStatedAmount2021-03-31 SC614451business:SmallEntities2021-04-012022-03-31 SC614451countries:Scotland2021-04-012022-03-31 SC614451core:FurnitureFittings2021-04-012022-03-31 SC614451core:ComputerEquipment2021-04-012022-03-31 SC614451core:FurnitureFittings2021-03-31 SC614451core:ComputerEquipment2021-03-31 SC614451core:FurnitureFittings2022-03-31 SC614451core:ComputerEquipment2022-03-31 SC6144512020-04-012021-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC614451 (Scotland)
Turas Rail Limited Unaudited accounts for the year ended 31 March 2022
Turas Rail Limited Unaudited accounts Contents
Page
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Turas Rail Limited Company Information for the year ended 31 March 2022
Director
Mr Mark Rose
Company Number
SC614451 (Scotland)
Registered Office
28 MEARNSWOOD PLACE NEWTON MEARNS GLASGOW G77 6BF SCOTLAND
Accountants
Mark Gray Ltd 76 Busby Road Clarkston Glasgow G76 7AU
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Turas Rail Limited Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,810 
2,146 
Current assets
Debtors
8,933 
13,769 
Cash at bank and in hand
26,977 
18,384 
35,910 
32,153 
Creditors: amounts falling due within one year
(20,218)
(17,532)
Net current assets
15,692 
14,621 
Total assets less current liabilities
18,502 
16,767 
Creditors: amounts falling due after more than one year
(13,321)
(16,667)
Net assets
5,181 
100 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
5,081 
- 
Shareholders' funds
5,181 
100 
For the year ending 31 March 2022 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 27 November 2023 and were signed on its behalf by
Mr Mark Rose Director Company Registration No. SC614451
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Turas Rail Limited Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
Turas Rail Limited is a private company, limited by shares, registered in Scotland, registration number SC614451. The registered office is 28 MEARNSWOOD PLACE, NEWTON MEARNS, GLASGOW, G77 6BF, SCOTLAND.
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
20% reducing balance
Computer equipment
33.3% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2021
1,915 
2,188 
4,103 
Additions
- 
1,809 
1,809 
At 31 March 2022
1,915 
3,997 
5,912 
Depreciation
At 1 April 2021
623 
1,334 
1,957 
Charge for the year
258 
887 
1,145 
At 31 March 2022
881 
2,221 
3,102 
Net book value
At 31 March 2022
1,034 
1,776 
2,810 
At 31 March 2021
1,292 
854 
2,146 
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Turas Rail Limited Notes to the Accounts for the year ended 31 March 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
- 
3,750 
Accrued income and prepayments
453 
290 
Other debtors
8,480 
9,729 
8,933 
13,769 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
3,333 
3,333 
Trade creditors
1,500 
- 
Taxes and social security
15,158 
11,048 
Other creditors
200 
- 
Accruals
27 
3,151 
20,218 
17,532 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
13,321 
16,667 
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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