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REGISTERED NUMBER: 04217366 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

MIDDLEPEAK RAILWAYS LIMITED

MIDDLEPEAK RAILWAYS LIMITED (REGISTERED NUMBER: 04217366)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 4

MIDDLEPEAK RAILWAYS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: G Roberts





SECRETARY: S Roberts





REGISTERED OFFICE: 11 Ashwood Road
Disley
Stockport
Cheshire
SK12 2EL





REGISTERED NUMBER: 04217366 (England and Wales)





ACCOUNTANTS: A.Allen & Son Limited
45 Union Road
New Mills
High Peak
SK22 3EL

MIDDLEPEAK RAILWAYS LIMITED (REGISTERED NUMBER: 04217366)

ABRIDGED BALANCE SHEET
31 MAY 2024

31/5/24 31/5/23
Notes £    £   
CURRENT ASSETS
Stocks 7,000 7,000
Debtors 78,503 76,862
Cash at bank 461 2,796
85,964 86,658
CREDITORS
Amounts falling due within one year 11,697 8,805
NET CURRENT ASSETS 74,267 77,853
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,267

77,853

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 74,167 77,753
SHAREHOLDERS' FUNDS 74,267 77,853

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 February 2025 and were signed by:





G Roberts - Director


MIDDLEPEAK RAILWAYS LIMITED (REGISTERED NUMBER: 04217366)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Middlepeak Railways Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - Straight line over 6 years
Computer equipment - Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 2,387
Disposals (2,387 )
At 31 May 2024 -
DEPRECIATION
At 1 June 2023 2,387
Eliminated on disposal (2,387 )
At 31 May 2024 -
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

5. ULTIMATE CONTROLLING PARTY

The director is considered to be the ultimate controlling party.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MIDDLEPEAK RAILWAYS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Middlepeak Railways Limited for the year ended 31 May 2024 which comprise the Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Middlepeak Railways Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Middlepeak Railways Limited and state those matters that we have agreed to state to the director of Middlepeak Railways Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Middlepeak Railways Limited and its director for our work or for this report.

It is your duty to ensure that Middlepeak Railways Limited 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 loss of Middlepeak Railways Limited. You consider that Middlepeak Railways Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Middlepeak Railways Limited. 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.






A.Allen & Son Limited
45 Union Road
New Mills
High Peak
SK22 3EL


27 February 2025