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REGISTERED NUMBER: 09248832 (England and Wales)















Abridged Financial Statements for the Year Ended 31 October 2023

for

LMH RAIL LTD

LMH RAIL LTD (Registered number: 09248832)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


LMH RAIL LTD

Company Information
for the Year Ended 31 October 2023







DIRECTORS: M A Humphreys
Mrs L J E Humphreys





SECRETARY:





REGISTERED OFFICE: 127 Wood Lane
Kingsnorth
Ashford
Kent
TN23 3AQ





REGISTERED NUMBER: 09248832 (England and Wales)





ACCOUNTANTS: Ashbourne Self-Assessment Services Ltd
Unit 3 Stanley Court
Shearway Business Park
Shearway Road
Folkestone
Kent
CT19 4FJ

LMH RAIL LTD (Registered number: 09248832)

Abridged Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,727 2,901

CURRENT ASSETS
Debtors 3,248 6,982

CREDITORS
Amounts falling due within one year 7,906 11,399
NET CURRENT LIABILITIES (4,658 ) (4,417 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,931

)

(1,516

)

PROVISIONS FOR LIABILITIES 6 313 533
NET LIABILITIES (3,244 ) (2,049 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 (3,344 ) (2,149 )
SHAREHOLDERS' FUNDS (3,244 ) (2,049 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

LMH RAIL LTD (Registered number: 09248832)

Abridged Balance Sheet - continued
31 October 2023


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:




M A Humphreys - Director



Mrs L J E Humphreys - Director


LMH RAIL LTD (Registered number: 09248832)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

LMH RAIL LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

LMH RAIL LTD (Registered number: 09248832)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2022
and 31 October 2023 15,815
DEPRECIATION
At 1 November 2022 12,914
Charge for year 1,174
At 31 October 2023 14,088
NET BOOK VALUE
At 31 October 2023 1,727
At 31 October 2022 2,901

5. LOANS

An analysis of the maturity of loans is given below:

31.10.23 31.10.22
£    £   
Amounts falling due within one year or on demand:
Bank loans - 3,000

6. PROVISIONS FOR LIABILITIES
31.10.23 31.10.22
£    £   
Deferred tax 313 533

Deferred
tax
£   
Balance at 1 November 2022 533
Utilised during year (220 )
Balance at 31 October 2023 313

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100 Ordinary 1 100 100

LMH RAIL LTD (Registered number: 09248832)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

8. RESERVES
Retained
earnings
£   

At 1 November 2022 (2,149 )
Deficit for the year (1,195 )
At 31 October 2023 (3,344 )