Company registration number:
SC631417
Digital Rail Systems Ltd
Unaudited filleted financial statements
27 September 2023
Digital Rail Systems Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Digital Rail Systems Ltd
Directors and other information
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Directors |
Adrian Danagher |
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Christopher Perrott |
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Company number |
SC631417 |
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Registered office |
32 Dimma Park |
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South Queensferry |
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Scotland |
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EH30 9AL |
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Business address |
32 Dimma Park |
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South Queensferry |
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West Lothian |
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EH30 9AL |
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Accountants |
John Lynch & Co |
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Torridon House |
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Torridon Lane |
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Rosyth |
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Fife |
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KY11 2EU |
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Digital Rail Systems Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Digital Rail Systems Ltd
Period ended 27 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Digital Rail Systems Ltd for the period ended 27 September 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the board of directors of Digital Rail Systems Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Digital Rail Systems Ltd and state those matters that we have agreed to state to the board of directors of Digital Rail Systems Ltd as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Digital Rail Systems Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Digital Rail Systems Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Digital Rail Systems Ltd. You consider that Digital Rail Systems Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Digital Rail Systems Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
John Lynch & Co
Chartered Accountants
Torridon House
Torridon Lane
Rosyth
Fife
KY11 2EU
27 January 2025
Digital Rail Systems Ltd
Statement of financial position
27 September 2023
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27/09/23 |
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29/09/22 |
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£ |
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£ |
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Fixed assets |
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77,225 |
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78,961 |
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_______ |
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_______ |
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Current assets |
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32,500 |
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33,409 |
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Creditors: amounts falling due within one year |
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(
25,711) |
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(
17,027) |
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_______ |
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_______ |
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Net current assets |
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6,789 |
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16,382 |
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_______ |
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Total assets less current liabilities |
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84,014 |
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95,343 |
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Creditors: amounts falling due after more than one year |
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(
35,528) |
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(
46,406) |
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Accruals and deferred income |
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(
1,771) |
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(
3,604) |
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_______ |
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Net assets |
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46,715 |
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45,333 |
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_______ |
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Capital and reserves |
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46,715 |
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45,333 |
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_______ |
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_______ |
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Digital Rail Systems Ltd
Period ended 27 September 2023
Notes to the financial statements
1.
Employee numbers
The average number of persons employed by the company during the period amounted to
1
(2022:
1
).
2.
Directors advances, credits and guarantees
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During the period the directors entered into the following advances and credits with the company: |
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Period ended 27/09/23 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Adrian Danagher |
(
5,596) |
5,454 |
- |
(
142) |
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Christopher Perrott |
(
2,000) |
- |
- |
(
2,000) |
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_______ |
_______ |
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_______ |
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(
7,596) |
5,454 |
- |
(
2,142) |
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_______ |
_______ |
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_______ |
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Period ended 29/09/22 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Adrian Danagher |
(
1,960) |
- |
(
3,636) |
(
5,596) |
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Christopher Perrott |
(
2,000) |
- |
- |
(
2,000) |
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_______ |
_______ |
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_______ |
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(
3,960) |
- |
(
3,636) |
(
7,596) |
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_______ |
_______ |
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_______ |
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For the period ending 27 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
27 January 2025
, and are signed on behalf of the board by:
Adrian Danagher
Director
Company registration number:
SC631417
The company is a private company limited by shares, registered in Scotland.