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REGISTERED NUMBER: 11914873 (England and Wales)















RICHMOND RAIL LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024






RICHMOND RAIL LTD (REGISTERED NUMBER: 11914873)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RICHMOND RAIL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Mr J Smith





REGISTERED OFFICE: 105 Richmond Road
Leytonstone
London
E11 4BT





REGISTERED NUMBER: 11914873 (England and Wales)





ACCOUNTANTS: Kounnis And Partners Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

RICHMOND RAIL LTD (REGISTERED NUMBER: 11914873)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 - 241

CURRENT ASSETS
Debtors 5 102 28,150
Cash at bank 30,919 2,413
31,021 30,563
CREDITORS
Amounts falling due within one year 6 (4,877 ) (6,600 )
NET CURRENT ASSETS 26,144 23,963
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,144

24,204

CREDITORS
Amounts falling due after more than one
year

7

(23,799

)

(23,799

)

PROVISIONS FOR LIABILITIES - (46 )
NET ASSETS 2,345 359

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,344 358
SHAREHOLDERS' FUNDS 2,345 359

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.

RICHMOND RAIL LTD (REGISTERED NUMBER: 11914873)

BALANCE SHEET - continued
30 APRIL 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 director and authorised for issue on 29 August 2024 and were signed by:





Mr J Smith - Director


RICHMOND RAIL LTD (REGISTERED NUMBER: 11914873)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Richmond 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.

Turnover
Revenue 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 - 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 1 (2023 - 1 ) .

RICHMOND RAIL LTD (REGISTERED NUMBER: 11914873)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 May 2023
and 30 April 2024 3,346
DEPRECIATION
At 1 May 2023 3,105
Charge for year 241
At 30 April 2024 3,346
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 241

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 102 28,150

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 68 -
Taxation and social security 1,423 5,055
Other creditors 3,386 1,545
4,877 6,600

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 23,799 23,799

RICHMOND RAIL LTD (REGISTERED NUMBER: 11914873)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
Mr J Smith
Balance outstanding at start of year 28,150 34,906
Amounts advanced - 53,224
Amounts repaid (30,328 ) (59,980 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,178 ) 28,150

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J Smith.