RAIL SERVICES CORP LIMITED

Company Registration Number:
09825491 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

RAIL SERVICES CORP LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

RAIL SERVICES CORP LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Called up share capital not paid: 100
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,051,815 1,051,815
Total fixed assets: 1,051,815 1,051,815
Current assets
Stocks: 145 120
Debtors:   10 0
Cash at bank and in hand: 115,915 3,062
Total current assets: 116,070 3,182
Creditors: amounts falling due within one year:   (304,955) (207,855)
Net current assets (liabilities): (188,885) (204,673)
Total assets less current liabilities: 863,030 847,142
Provision for liabilities: (104,925) (168,000)
Total net assets (liabilities): 758,105 679,142
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:4427,600427,600
Profit and loss account: 330,405 251,442
Shareholders funds: 758,105 679,142

The notes form part of these financial statements

RAIL SERVICES CORP LIMITED

Balance sheet statements

For the year ending 28 February 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 18 November 2024
and signed on behalf of the board by:

Name: GRANT ELSON
Status: Director

The notes form part of these financial statements

RAIL SERVICES CORP LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 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

RAIL SERVICES CORP LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

RAIL SERVICES CORP LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 1,051,815
At 28 February 2024 1,051,815
Net book value
At 28 February 2024 1,051,815
At 28 February 2023 1,051,815

RAIL SERVICES CORP LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Revaluation reserve

2024
£
Balance at 01 March 2023 427,600
Surplus or deficit after revaluation 0
Balance at 28 February 2024 427,600