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REGISTERED NUMBER: 07449366 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2024

FOR

LWS RAIL MACHINES LIMITED

LWS RAIL MACHINES LIMITED (REGISTERED NUMBER: 07449366)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LWS RAIL MACHINES LIMITED

COMPANY INFORMATION
for the Year Ended 31st July 2024







DIRECTORS: Mr D A Hydes
Mrs M Hydes





REGISTERED OFFICE: 100 Barbirolli Square
Manchester
M2 3BD





REGISTERED NUMBER: 07449366 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

LWS RAIL MACHINES LIMITED (REGISTERED NUMBER: 07449366)

BALANCE SHEET
31st July 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 741 1,288

CURRENT ASSETS
Debtors 5 48,290 65,063
Cash at bank 35,027 12,400
83,317 77,463
CREDITORS
Amounts falling due within one year 6 (42,954 ) (48,773 )
NET CURRENT ASSETS 40,363 28,690
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,104

29,978

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 41,004 29,878
SHAREHOLDERS' FUNDS 41,104 29,978

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 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 Profit and Loss Account has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 2nd October 2024 and were signed on its behalf by:





Mr D A Hydes - Director


LWS RAIL MACHINES LIMITED (REGISTERED NUMBER: 07449366)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st July 2024


1. STATUTORY INFORMATION

LWS Rail Machines Limited is a private company, limited by shares, registered in England and Wales, registration number 07449366. The address of the registered office is 100 Barbirolli Square, United Kingdom, Manchester, M2 3BD. The principal place of business is 8 Todwick Court, Off Kiveton Lane, South Yorkshire, S26 6NL.

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 represents amounts recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax and trade discounts. Turnover principally consists of manufacture of rail machine equipment and also provides consultancy services related to rail equipments which is recognised at the point the service is provided.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over their
estimated useful lives, using the following methods:

Fixtures and fittings15% on reducing balance
Computer equipment 20% on straight line

At each balance sheet date, the Company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items of tangible fixed assets have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

LWS RAIL MACHINES LIMITED (REGISTERED NUMBER: 07449366)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st July 2024


2. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st August 2023
and 31st July 2024 1,648 4,721 6,369
DEPRECIATION
At 1st August 2023 1,254 3,827 5,081
Charge for year 59 488 547
At 31st July 2024 1,313 4,315 5,628
NET BOOK VALUE
At 31st July 2024 335 406 741
At 31st July 2023 394 894 1,288

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 48,204 65,063
Other debtors 86 -
48,290 65,063

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 18,409 42,486
Taxation and social security 6,791 3,758
Other creditors 17,754 2,529
42,954 48,773

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary shares £1 100 100