RAILWAY EXCHANGE LTD

Company Registration Number:
06448570 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

RAILWAY EXCHANGE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

RAILWAY EXCHANGE LTD

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 322,612 322,880
Total fixed assets: 322,612 322,880
Current assets
Stocks: 14,100 15,765
Debtors: 4 37,069 38,204
Cash at bank and in hand: 495,887 430,409
Total current assets: 547,056 484,378
Creditors: amounts falling due within one year: 5 (200,126) (182,206)
Net current assets (liabilities): 346,930 302,172
Total assets less current liabilities: 669,542 625,052
Creditors: amounts falling due after more than one year: 6 (19,566) (29,336)
Provision for liabilities: (2,294) (2,294)
Total net assets (liabilities): 647,682 593,422
Capital and reserves
Called up share capital: 96 96
Other reserves: 24,976 24,976
Profit and loss account: 622,610 568,350
Shareholders funds: 647,682 593,422

The notes form part of these financial statements

RAILWAY EXCHANGE LTD

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 October 2024
and signed on behalf of the board by:

Name: K Russell
Status: Director

The notes form part of these financial statements

RAILWAY EXCHANGE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RAILWAY EXCHANGE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 17 17

RAILWAY EXCHANGE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 356,789
Additions 2,682
At 31 January 2024 359,471
Depreciation
At 01 February 2023 33,909
Charge for year 2,950
At 31 January 2024 36,859
Net book value
At 31 January 2024 322,612
At 31 January 2023 322,880

RAILWAY EXCHANGE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

RAILWAY EXCHANGE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts £9,450 Taxes and social security £46,894 Loans from directors £34,000 Other creditors £87,871 Accruals and deferred income £21,911

RAILWAY EXCHANGE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts £19,566