Company Registration No. 9640341 (England and Wales)
THE RAILWAY BUCKHURST HILL LTD
Unaudited accounts
for the year ended 30 September 2023
THE RAILWAY BUCKHURST HILL LTD
Unaudited accounts
Contents
THE RAILWAY BUCKHURST HILL LTD
Company Information
for the year ended 30 September 2023
Company Number
9640341 (England and Wales)
Registered Office
West Clayton Business Centre
Berry Lane
Chorleywood
Hertorfdshire
WD3 5EX
England
Accountants
GIA Foley & Co
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
THE RAILWAY BUCKHURST HILL LTD
Statement of financial position
as at 30 September 2023
Tangible assets
316,627
324,296
Cash at bank and in hand
6,339
6,169
Creditors: amounts falling due within one year
(427,834)
(437,089)
Net current liabilities
(379,782)
(355,178)
Total assets less current liabilities
(63,155)
(30,882)
Creditors: amounts falling due after more than one year
(30,436)
(35,950)
Net liabilities
(93,591)
(66,832)
Called up share capital
1
1
Profit and loss account
(93,592)
(66,833)
Shareholders' funds
(93,591)
(66,832)
For the year ending 30 September 2023 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 director acknowledges his 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 and authorised for issue on 28 August 2024 and were signed on its behalf by
Mr D Young
Director
Company Registration No. 9640341
THE RAILWAY BUCKHURST HILL LTD
Notes to the Accounts
for the year ended 30 September 2023
THE RAILWAY BUCKHURST HILL LTD is a private company, limited by shares, registered in England and Wales, registration number 9640341. The registered office is West Clayton Business Centre, Berry Lane, Chorleywood, Hertorfdshire, WD3 5EX, England .
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
33% reducing balance
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company's balance sheet shows an insolvent position at the year end. The director has arranged adequate funding to finance the company's continuing activities and to enable it to pay its debts as and when they fall due for payment. Accordingly, the director considers that the company is a going concern and the financial statements have been prepared on this basis.
THE RAILWAY BUCKHURST HILL LTD
Notes to the Accounts
for the year ended 30 September 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 October 2022
301,058
57,796
358,854
At 30 September 2023
301,058
57,796
358,854
At 1 October 2022
-
34,558
34,558
Charge for the year
-
7,669
7,669
At 30 September 2023
-
42,227
42,227
At 30 September 2023
301,058
15,569
316,627
At 30 September 2022
301,058
23,238
324,296
Amounts falling due within one year
Trade debtors
21,724
13,215
Other debtors
15,989
58,949
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,002
10,002
Trade creditors
37,376
62,615
Taxes and social security
442
363
Other creditors
95,678
95,678
Loans from directors
235,019
232,251
7
Creditors: amounts falling due after more than one year
2023
2022
8
Operating lease commitments
2023
2022
At 30 September 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
62,150
-
Later than one year and not later than five years
-
124,300
THE RAILWAY BUCKHURST HILL LTD
Notes to the Accounts
for the year ended 30 September 2023
9
Average number of employees
During the year the average number of employees was 5 (2022: 6).