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REGISTERED NUMBER: 03047137 (England and Wales)













Financial Statements

For The Year Ended 30 September 2024

for

Robes N Rails Limited

Robes N Rails Limited (Registered number: 03047137)






Contents of the Financial Statements
For The Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Robes N Rails Limited

Company Information
For The Year Ended 30 September 2024







DIRECTORS: Mr R C Taylor
Miss S Taylor
Mrs M L Taylor
Mr P J C Taylor





SECRETARY: Mrs M L Taylor





REGISTERED OFFICE: Newland House
The Point
Weaver Road
LINCOLN
Lincolnshire
LN6 3QN





REGISTERED NUMBER: 03047137 (England and Wales)





ACCOUNTANTS: Nicholsons
Chartered Accountants
Newland House
The Point
Weaver Road
LINCOLN
Lincolnshire
LN6 3QN

Robes N Rails Limited (Registered number: 03047137)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,028 92,257

CURRENT ASSETS
Stocks 105,270 65,455
Debtors 5 64,982 73,546
Cash at bank and in hand 74,729 114,443
244,981 253,444
CREDITORS
Amounts falling due within one year 6 342,111 278,223
NET CURRENT LIABILITIES (97,130 ) (24,779 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,102

)

67,478

PROVISIONS FOR LIABILITIES - 15,992
NET (LIABILITIES)/ASSETS (19,102 ) 51,486

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (19,202 ) 51,386
SHAREHOLDERS' FUNDS (19,102 ) 51,486

Robes N Rails Limited (Registered number: 03047137)

Balance Sheet - continued
30 September 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 June 2025 and were signed on its behalf by:





Mr R C Taylor - Director


Robes N Rails Limited (Registered number: 03047137)

Notes to the Financial Statements
For The Year Ended 30 September 2024

1. STATUTORY INFORMATION

Robes N Rails 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.

Motor vehicles- 15% reducing balance
Fixtures and fittings- 15% reducing balance
Plant and machinery- 15% reducing balance
Computer
equipment

- 15% reducing balance

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

Financial instruments
Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows:
Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.
Cash at bank is classified as a basic financial instrument and is measured at transaction price.
Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments, and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest.


Robes N Rails Limited (Registered number: 03047137)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension scheme
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 18 ) .

Robes N Rails Limited (Registered number: 03047137)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 77,800 28,262 72,496 20,407 198,965
Additions 904 - - 1,753 2,657
Disposals (15,269 ) - - - (15,269 )
At 30 September 2024 63,435 28,262 72,496 22,160 186,353
DEPRECIATION
At 1 October 2023 56,294 21,603 17,482 11,329 106,708
Charge for year 2,817 999 8,252 1,493 13,561
Eliminated on disposal (11,944 ) - - - (11,944 )
At 30 September 2024 47,167 22,602 25,734 12,822 108,325
NET BOOK VALUE
At 30 September 2024 16,268 5,660 46,762 9,338 78,028
At 30 September 2023 21,506 6,659 55,014 9,078 92,257

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 60,041 47,417
Directors' current accounts 63 -
Tax - 22,151
Prepayments 4,878 3,978
64,982 73,546

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7,404 7,404
Hire purchase contracts 172 3,386
Trade creditors 37,449 18,379
Receipts in advance 12,290 4,733
Social security and other taxes 15,862 14,568
VAT 155,592 113,141
Other creditors 46,220 41,202
Other loans 11,455 11,455
Directors' current accounts 49,836 58,053
Accrued expenses 5,831 5,902
342,111 278,223

Robes N Rails Limited (Registered number: 03047137)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 172 3,386

Hire purchase is secured against the asset to which it relates.

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mrs M L Taylor
Balance outstanding at start of year - -
Amounts advanced 3,296 -
Amounts repaid (3,234 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 62 -

The loans to directors are unsecured and interest free.

9. RELATED PARTY DISCLOSURES

Included within creditors are directors loan account balances of £49,835 (2023: £57,946). This amount is unsecured and interest free.