IRIS Accounts Production v24.2.0.383 03270536 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 0.05000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh032705362023-03-31032705362024-03-31032705362023-04-012024-03-31032705362022-03-31032705362022-04-012023-03-31032705362023-03-3103270536ns15:EnglandWales2023-04-012024-03-3103270536ns14:PoundSterling2023-04-012024-03-3103270536ns10:Director12023-04-012024-03-3103270536ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103270536ns10:SmallEntities2023-04-012024-03-3103270536ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3103270536ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103270536ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103270536ns10:FullAccounts2023-04-012024-03-3103270536ns10:OrdinaryShareClass12023-04-012024-03-3103270536ns10:Director22023-04-012024-03-3103270536ns10:CompanySecretary12023-04-012024-03-3103270536ns10:RegisteredOffice2023-04-012024-03-3103270536ns5:CurrentFinancialInstruments2024-03-3103270536ns5:CurrentFinancialInstruments2023-03-3103270536ns5:ShareCapital2024-03-3103270536ns5:ShareCapital2023-03-3103270536ns5:SharePremium2024-03-3103270536ns5:SharePremium2023-03-3103270536ns5:RetainedEarningsAccumulatedLosses2024-03-3103270536ns5:RetainedEarningsAccumulatedLosses2023-03-3103270536ns5:PlantMachinery2023-04-012024-03-3103270536ns5:LandBuildings2023-03-3103270536ns5:PlantMachinery2023-03-3103270536ns5:LandBuildings2023-04-012024-03-3103270536ns5:LandBuildings2024-03-3103270536ns5:PlantMachinery2024-03-3103270536ns5:LandBuildings2023-03-3103270536ns5:PlantMachinery2023-03-3103270536ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3103270536ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3103270536ns10:OrdinaryShareClass12024-03-3103270536ns5:RetainedEarningsAccumulatedLosses2023-03-3103270536ns5:SharePremium2023-03-3103270536ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31032705361ns10:Director12023-03-31032705361ns10:Director12022-03-31032705361ns10:Director12023-04-012024-03-31032705361ns10:Director12022-04-012023-03-31032705361ns10:Director12024-03-31032705361ns10:Director12023-03-31
REGISTERED NUMBER: 03270536 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

The Railway Consultancy Ltd.

The Railway Consultancy Ltd. (Registered number: 03270536)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Railway Consultancy Ltd.

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Dr N G Harris
Rev J W E Rodley





SECRETARY: Rev J W E Rodley





REGISTERED OFFICE: 67 Westow Street
London
SE19 3RW





REGISTERED NUMBER: 03270536 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
London
SE19 3RW

The Railway Consultancy Ltd. (Registered number: 03270536)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,006 1,170

CURRENT ASSETS
Debtors 6 105,952 173,162
Cash at bank and in hand 160,925 172,897
266,877 346,059
CREDITORS
Amounts falling due within one year 7 49,808 153,028
NET CURRENT ASSETS 217,069 193,031
TOTAL ASSETS LESS CURRENT
LIABILITIES

218,075

194,201

CAPITAL AND RESERVES
Called up share capital 8 1,140 1,140
Share premium 9 560 560
Retained earnings 9 216,375 192,501
SHAREHOLDERS' FUNDS 218,075 194,201

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

The Railway Consultancy Ltd. (Registered number: 03270536)

Balance Sheet - continued
31 March 2024


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

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 17 May 2024 and were signed on its behalf by:





Dr N G Harris - Director


The Railway Consultancy Ltd. (Registered number: 03270536)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

The Railway Consultancy 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 etc - 33% on cost and 10% 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

The Railway Consultancy Ltd. (Registered number: 03270536)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 72,548 59,994 132,542
Additions - 566 566
Disposals (72,548 ) (58,917 ) (131,465 )
At 31 March 2024 - 1,643 1,643
DEPRECIATION
At 1 April 2023 72,548 58,824 131,372
Charge for year - 417 417
Eliminated on disposal (72,548 ) (58,604 ) (131,152 )
At 31 March 2024 - 637 637
NET BOOK VALUE
At 31 March 2024 - 1,006 1,006
At 31 March 2023 - 1,170 1,170

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 80,452 167,979
Other debtors 25,500 5,183
105,952 173,162

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 26 25,580
Taxation and social security 27,344 48,703
Other creditors 22,438 78,745
49,808 153,028

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
22,800 Ordinary £0.05 1,140 1,140

The Railway Consultancy Ltd. (Registered number: 03270536)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 April 2023 192,501 560 193,061
Profit for the year 40,974 40,974
Dividends (17,100 ) (17,100 )
At 31 March 2024 216,375 560 216,935

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Dr N G Harris
Balance outstanding at start of year - -
Amounts advanced 30,000 -
Amounts repaid (10,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 20,000 -