Company Registration No. 08682574 (England and Wales)
RAILSTON & COMPANY LTD
Unaudited accounts
for the year ended 30 September 2023
RAILSTON & COMPANY LTD
Unaudited accounts
Contents
RAILSTON & COMPANY LTD
Company Information
for the year ended 30 September 2023
Directors
Christopher Gibson
Jason Watkins
Company Number
08682574 (England and Wales)
Registered Office
Sadler Bridge Studios
Bold Lane
Derby
DE1 3NT
ENGLAND
Accountants
Cain Squires
23 Field Farm Way
Stapleford
Nottingham
Nottinghamshire
NG9 8JP
RAILSTON & COMPANY LTD
Statement of financial position
as at 30 September 2023
Tangible assets
6,590
9,702
Cash at bank and in hand
63,288
70,135
Creditors: amounts falling due within one year
(48,308)
2,680
Net current assets
62,128
109,098
Total assets less current liabilities
68,718
118,800
Creditors: amounts falling due after more than one year
(84,757)
(48,447)
Provisions for liabilities
Net (liabilities)/assets
(16,772)
68,963
Called up share capital
100
100
Profit and loss account
(16,872)
68,863
Shareholders' funds
(16,772)
68,963
For the year ending 30 September 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 23 January 2024 and were signed on its behalf by
Jason Watkins
Director
Company Registration No. 08682574
RAILSTON & COMPANY LTD
Notes to the Accounts
for the year ended 30 September 2023
RAILSTON & COMPANY LTD is a private company, limited by shares, registered in England and Wales, registration number 08682574. The registered office is Sadler Bridge Studios, Bold Lane, Derby, DE1 3NT, 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.
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.
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:
Fixtures & fittings
25% Reducing
Computer equipment
20% Straightline
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
1,959
4,242
30,067
36,268
At 30 September 2023
1,959
4,242
30,067
36,268
At 1 October 2022
784
2,596
23,186
26,566
Charge for the year
392
676
2,044
3,112
At 30 September 2023
1,176
3,272
25,230
29,678
At 30 September 2023
783
970
4,837
6,590
At 30 September 2022
1,175
1,646
6,881
9,702
Amounts falling due within one year
Trade debtors
47,148
36,283
RAILSTON & COMPANY LTD
Notes to the Accounts
for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
29,804
31,539
Taxes and social security
(48,742)
(81,443)
Other creditors
3,669
1,543
Loans from directors
44,826
28,184
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan 2022-23
11,065
-
-
11,066
Directors loan 2022-23
33,760
-
-
33,760
10
Average number of employees
During the year the average number of employees was 4 (2022: 4).