Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-312023-02-01trueNo description of principal activity11falsetrue 09229996 2023-02-01 2023-08-31 09229996 2022-02-01 2023-01-31 09229996 2023-08-31 09229996 2023-01-31 09229996 c:Director1 2023-02-01 2023-08-31 09229996 d:CurrentFinancialInstruments 2023-08-31 09229996 d:CurrentFinancialInstruments 2023-01-31 09229996 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 09229996 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09229996 d:ShareCapital 2023-08-31 09229996 d:ShareCapital 2023-01-31 09229996 d:RetainedEarningsAccumulatedLosses 2023-08-31 09229996 d:RetainedEarningsAccumulatedLosses 2023-01-31 09229996 c:EntityNoLongerTradingButTradedInPast 2023-02-01 2023-08-31 09229996 c:FRS102 2023-02-01 2023-08-31 09229996 c:AuditExempt-NoAccountantsReport 2023-02-01 2023-08-31 09229996 c:FullAccounts 2023-02-01 2023-08-31 09229996 c:PrivateLimitedCompanyLtd 2023-02-01 2023-08-31 09229996 2 2023-02-01 2023-08-31 09229996 e:PoundSterling 2023-02-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 09229996










SES RAIL (UK) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 AUGUST 2023

 
SES RAIL (UK) LIMITED
REGISTERED NUMBER: 09229996

BALANCE SHEET
AS AT 31 AUGUST 2023

31 August
31 January
2023
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
48
492

Cash at bank and in hand
 4 
52
3,838

  
100
4,330

Creditors: amounts falling due within one year
 5 
-
(1,321)

Net current assets
  
 
 
100
 
 
3,009

Total assets less current liabilities
  
100
3,009

  

Net assets
  
100
3,009


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
-
2,909

  
100
3,009


Page 1

 
SES RAIL (UK) LIMITED
REGISTERED NUMBER: 09229996

BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023

For the period ended 31 August 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 January 2024.




S Pankhurst
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
SES RAIL (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
1.2

Going concern

The company ceased to trade on 31 August 2023 and is no longer a going concern.

 
1.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
1.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities
Page 3

 
SES RAIL (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

1.Accounting policies (continued)


1.6
Financial instruments (continued)


Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
1.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.


General information

SES Rail (UK) Limited is a limited by shares company, incorporated in England & Wales. The registered office is Sudbury Stables, Downham, Billericay, Essex, CM11 1LB. 


3.


Debtors

31 August
31 January
2023
2023
£
£


Other debtors
48
492



4.


Cash and cash equivalents

31 August
31 January
2023
2023
£
£

Cash at bank and in hand
52
3,838


Page 4

 
SES RAIL (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

5.


Creditors: Amounts falling due within one year

31 August
31 January
2023
2023
£
£

Other creditors
-
541

Accruals and deferred income
-
780

-
1,321



Page 5