1 April 2023 false No description of principal activity Taxfiler 2024.5 09842857business:PrivateLimitedCompanyLtd2023-04-012024-03-31 098428572023-03-31 098428572023-04-012024-03-31 09842857business:AuditExemptWithAccountantsReport2023-04-012024-03-31 09842857business:FilletedAccounts2023-04-012024-03-31 098428572024-03-31 09842857business:Director12023-04-012024-03-31 09842857business:Director22023-04-012024-03-31 09842857business:RegisteredOffice2023-04-012024-03-31 098428572023-03-31 09842857core:WithinOneYear2024-03-31 09842857core:WithinOneYear2023-03-31 09842857core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 09842857core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 09842857core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 09842857core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 09842857core:PreviouslyStatedAmount2024-03-31 09842857core:PreviouslyStatedAmount2023-03-31 09842857business:SmallEntities2023-04-012024-03-31 09842857countries:EnglandWales2023-04-012024-03-31 09842857core:FurnitureFittings2023-04-012024-03-31 09842857core:FurnitureFittings2023-03-31 09842857core:FurnitureFittings2024-03-31 098428572022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09842857 (England and Wales)
Raleigh Rail Ltd Unaudited accounts for the year ended 31 March 2024
Raleigh Rail Ltd Unaudited accounts Contents
Page
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Raleigh Rail Ltd Company Information for the year ended 31 March 2024
Directors
Mr B Papworth Mrs J Papworth
Company Number
09842857 (England and Wales)
Registered Office
PHEASANTS CRY CHURCH ROAD COLATON RALEIGH SIDMOUTH EX10 0LH UNITED KINGDOM
Accountants
Brambillow Accounting Ltd Brookhouse Cranoe Road Welham Leicestershire LE16 7UH
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Raleigh Rail Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,483 
4,545 
Current assets
Inventories
279 
104 
Debtors
- 
4,156 
Cash at bank and in hand
88,493 
90,225 
88,772 
94,485 
Creditors: amounts falling due within one year
(26,300)
(16,748)
Net current assets
62,472 
77,737 
Total assets less current liabilities
65,955 
82,282 
Provisions for liabilities
Deferred tax
(661)
(863)
Net assets
65,294 
81,419 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
65,293 
81,418 
Shareholders' funds
65,294 
81,419 
For the year ending 31 March 2024 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 9 August 2024 and were signed on its behalf by
Mrs J Papworth Director Company Registration No. 09842857
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Raleigh Rail Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Raleigh Rail Ltd is a private company, limited by shares, registered in England and Wales, registration number 09842857. The registered office is PHEASANTS CRY CHURCH ROAD, COLATON RALEIGH, SIDMOUTH, EX10 0LH, UNITED KINGDOM.
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
30% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Raleigh Rail Ltd Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2023
12,051 
Additions
451 
Disposals
(120)
At 31 March 2024
12,382 
Depreciation
At 1 April 2023
7,506 
Charge for the year
1,493 
On disposals
(100)
At 31 March 2024
8,899 
Net book value
At 31 March 2024
3,483 
At 31 March 2023
4,545 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,200 
Accrued income and prepayments
- 
173 
Other debtors
- 
1,783 
- 
4,156 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,642 
267 
Taxes and social security
1,747 
10,826 
Other creditors
4,869 
1,105 
Loans from directors
9,042 
4,550 
26,300 
16,748 
7
Transactions with related parties
Included within creditors is an amount of £9,042 which is owed by the Company to the Directors (2023: £4,550). Interest is not charged on this amount and there is no fixed date for repayment.
8
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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