Company Registration No. 10103788 (England and Wales)
Railway Power Installations Ltd
Unaudited accounts
for the year ended 30 April 2024
Railway Power Installations Ltd
Unaudited accounts
Contents
Railway Power Installations Ltd
Company Information
for the year ended 30 April 2024
Directors
Keith Levett
Fay Taylor
Company Number
10103788 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
United Kingdom
Accountants
Collective Concepts Accounting Ltd
Railway Power Installations Ltd
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
38
841
Creditors: amounts falling due within one year
(22,542)
(15,276)
Net current assets
5,325
5,584
Total assets less current liabilities
5,741
5,718
Creditors: amounts falling due after more than one year
-
(1,998)
Called up share capital
1
1
Profit and loss account
5,740
3,719
Shareholders' funds
5,741
3,720
For the year ending 30 April 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 2 November 2024 and were signed on its behalf by
Keith Levett
Director
Company Registration No. 10103788
Railway Power Installations Ltd
Notes to the Accounts
for the year ended 30 April 2024
Railway Power Installations Ltd is a private company, limited by shares, registered in England and Wales, registration number 10103788. The registered office is 71-75 Shelton Street, Covent Garden , London, WC2H 9JQ, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
3 years straight line
Motor vehicles
3 years straight line
Fixtures & fittings
15% Reducing balance method
Computer equipment
3 years straight line
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Railway Power Installations Ltd
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
10,750
13,175
-
377
24,302
At 30 April 2024
10,750
13,175
450
377
24,752
At 1 May 2023
10,616
13,175
-
377
24,168
Charge for the year
134
-
34
-
168
At 30 April 2024
10,750
13,175
34
377
24,336
At 30 April 2024
-
-
416
-
416
At 30 April 2023
134
-
-
-
134
Amounts falling due within one year
Other debtors
26,029
18,519
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,998
2,664
Taxes and social security
8,352
8,575
Other creditors
2,583
3,551
Loans from directors
9,609
486
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
1,998
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).