PTP Accounts Production v23.4.0.336 06220887 director 1.5.23 30.4.24 30.4.24 rail safety services. false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh062208872023-04-30062208872024-04-30062208872023-05-012024-04-30062208872023-04-3006220887ns15:EnglandWales2023-05-012024-04-3006220887ns14:PoundSterling2023-05-012024-04-3006220887ns10:Director12023-05-012024-04-3006220887ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3006220887ns10:SmallEntities2023-05-012024-04-3006220887ns10:AuditExemptWithAccountantsReport2023-05-012024-04-3006220887ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3006220887ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3006220887ns10:FullAccounts2023-05-012024-04-3006220887ns10:RegisteredOffice2023-05-012024-04-3006220887ns5:CurrentFinancialInstruments2024-04-3006220887ns5:ShareCapital2024-04-3006220887ns5:RetainedEarningsAccumulatedLosses2024-04-3006220887ns5:PlantMachinery2023-05-012024-04-3006220887ns5:OwnedAssets2023-05-012024-04-3006220887ns5:PlantMachinery2023-04-3006220887ns5:PlantMachinery2024-04-3006220887ns5:PlantMachinery2023-04-30
REGISTERED NUMBER: 06220887 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 30 April 2024

for

T W Rail Limited

T W Rail Limited (Registered number: 06220887)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


T W Rail Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr T C Whitttle





REGISTERED OFFICE: Unit 9 Creekmouth Ind Estate
57 River Road
Barking
Essex
IG11 0DA





REGISTERED NUMBER: 06220887 (England and Wales)





ACCOUNTANTS: BSM (U.K) Accountants Ltd
Unit 9 Creekmouth Industrial Estate
57 River Road
Barking
Essex
IG11 0DA

T W Rail Limited (Registered number: 06220887)

Report of the Director
for the Year Ended 30 April 2024

The director presents his report with the financial statements of the company for the year ended 30 April 2024.

INCORPORATION
The company was incorporated on 20 April 2007 .

DIRECTOR
Mr T C Whitttle held office during the whole of the period from 1 May 2023 to the date of this report.

The director, being eligible, offers himself for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr T C Whitttle - Director


8 August 2024

T W Rail Limited (Registered number: 06220887)

Income Statement
for the Year Ended 30 April 2024

Notes £   

TURNOVER 99,698

Cost of sales 22,319
GROSS PROFIT 77,379

Administrative expenses 52,768
OPERATING PROFIT 4 24,611


Interest payable and similar expenses 5,942
PROFIT BEFORE TAXATION 18,669

Tax on profit -
PROFIT FOR THE FINANCIAL YEAR 18,669

T W Rail Limited (Registered number: 06220887)

Balance Sheet
30 April 2024

Notes £    £   
FIXED ASSETS
Tangible assets 5 15,990

CURRENT ASSETS
Debtors 6 69,969
Cash at bank 1,724
71,693
CREDITORS
Amounts falling due within one year 7 4,465
NET CURRENT ASSETS 67,228
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,218

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 83,118
SHAREHOLDERS' FUNDS 83,218

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 8 August 2024 and were signed by:





Mr T C Whitttle - Director


T W Rail Limited (Registered number: 06220887)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

T W Rail Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on reducing balance

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 1 .

4. OPERATING PROFIT

The operating profit is stated after charging:

£   
Depreciation - owned assets 3,510

T W Rail Limited (Registered number: 06220887)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2023
and 30 April 2024 19,500
DEPRECIATION
Charge for year 3,510
At 30 April 2024 3,510
NET BOOK VALUE
At 30 April 2024 15,990
At 30 April 2023 19,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' loan accounts 69,969

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 3,465
Accrued expenses 1,000
4,465