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REGISTERED NUMBER: 06227554 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Scholfield Rail and Construction Limited

Scholfield Rail and Construction Limited (Registered number: 06227554)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Scholfield Rail and Construction Limited

Company Information
for the year ended 31 March 2025







DIRECTOR: Mr P Scholfield





REGISTERED OFFICE: Top Floor
Claridon House
London Road
Stanford le Hope
Essex
SS17 0JU





REGISTERED NUMBER: 06227554 (England and Wales)





ACCOUNTANTS: Vortex Accountants Limited
Top Floor
Claridon House
London Road
Stanford Le Hope
Essex
SS17 0JU

Scholfield Rail and Construction Limited (Registered number: 06227554)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 9,961 13,283

CURRENT ASSETS
Cash at bank 2,753 5,082

CREDITORS
Amounts falling due within one year 5 30,159 22,099
NET CURRENT LIABILITIES (27,406 ) (17,017 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,445

)

(3,734

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (17,545 ) (3,834 )
SHAREHOLDERS' FUNDS (17,445 ) (3,734 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Scholfield Rail and Construction Limited (Registered number: 06227554)

Balance Sheet - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 May 2025 and were signed by:





Mr P Scholfield - Director


Scholfield Rail and Construction Limited (Registered number: 06227554)

Notes to the Financial Statements
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Scholfield Rail and Construction 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Scholfield Rail and Construction Limited (Registered number: 06227554)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 42,852 49,163 92,015
DEPRECIATION
At 1 April 2024 30,983 47,749 78,732
Charge for year 2,968 354 3,322
At 31 March 2025 33,951 48,103 82,054
NET BOOK VALUE
At 31 March 2025 8,901 1,060 9,961
At 31 March 2024 11,869 1,414 13,283

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Social security and other taxes 214 108
Directors' current accounts 29,130 21,176
Accrued expenses 815 815
30,159 22,099

6. GOING CONCERN

The director consider that, notwithstanding the company's negative net assets position, it is appropriate to prepare the accounts on a going concern basis and that the company will be able to meet its liabilities as they fall due, due to the continuing support of the directors.