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REGISTERED NUMBER: 15065646 (England and Wales)



















Unaudited Financial Statements

for the Period 11 August 2023 to 31 August 2024

for

Corlow Rail Ltd

Corlow Rail Ltd (Registered number: 15065646)






Contents of the Financial Statements
for the Period 11 August 2023 to 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Corlow Rail Ltd

Company Information
for the Period 11 August 2023 to 31 August 2024







DIRECTORS: Mr M J McDonald
Mr A P Mather





REGISTERED OFFICE: 80 Muirfield Drive
Mickleover
Derby
Derbyshire
DE3 9YF





REGISTERED NUMBER: 15065646 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Corlow Rail Ltd (Registered number: 15065646)

Balance Sheet
31 August 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 582

CURRENT ASSETS
Debtors 5 16,561
Cash at bank 44,843
61,404
CREDITORS
Amounts falling due within one year 6 50,248
NET CURRENT ASSETS 11,156
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,738

CAPITAL AND RESERVES
Called up share capital 6
Retained earnings 11,732
11,738

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

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

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by:





Mr M J McDonald - Director


Corlow Rail Ltd (Registered number: 15065646)

Notes to the Financial Statements
for the Period 11 August 2023 to 31 August 2024

1. STATUTORY INFORMATION

Corlow Rail Ltd 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 represents net invoiced sales of services during the year, excluding value added tax. Turnover is recognised when the company has carried out the services and it is probable that the agreed upon payment will be received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 748
At 31 August 2024 748
DEPRECIATION
Charge for period 166
At 31 August 2024 166
NET BOOK VALUE
At 31 August 2024 582

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 12,600
Other debtors 885
Prepayments 3,076
16,561

Corlow Rail Ltd (Registered number: 15065646)

Notes to the Financial Statements - continued
for the Period 11 August 2023 to 31 August 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Tax 27,341
Social security and other taxes 12,700
Directors' loan accounts 8,813
Accrued expenses 1,394
50,248