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REGISTERED NUMBER: 09623440 (England and Wales)








Unaudited Financial Statements

for the Year Ended

30 June 2024

for

LCI Rail Group Limited

LCI Rail Group Limited (Registered number: 09623440)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LCI Rail Group Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: A Wilcox





REGISTERED OFFICE: Tewkesbury Marina
Box 38
Bredon Road
Tewkesbury
Gloucestershire
GL20 5BY





REGISTERED NUMBER: 09623440 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

LCI Rail Group Limited (Registered number: 09623440)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 300 300
Investment property 5 240,000 240,000
240,300 240,300

CURRENT ASSETS
Debtors 6 661,173 616,249

CREDITORS
Amounts falling due within one year 7 484,873 439,949
NET CURRENT ASSETS 176,300 176,300
TOTAL ASSETS LESS CURRENT
LIABILITIES

416,600

416,600

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 416,500 416,500
SHAREHOLDERS' FUNDS 416,600 416,600

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 28 March 2025 and were signed by:





A Wilcox - Director


LCI Rail Group Limited (Registered number: 09623440)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

LCI Rail Group 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.

Preparation of consolidated financial statements
The financial statements contain information about LCI Rail Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

LCI Rail Group Limited (Registered number: 09623440)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 300
NET BOOK VALUE
At 30 June 2024 300
At 30 June 2023 300

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 240,000
NET BOOK VALUE
At 30 June 2024 240,000
At 30 June 2023 240,000

The investment property is included at cost. In the opinion of the directors there is no material difference between cost and fair value at the balance sheet date.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 661,173 616,249

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 322,143 288,555
Taxation and social security 162,730 151,394
484,873 439,949

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
A Wilcox
Balance outstanding at start of year 464,854 550,578
Amounts advanced 33,588 -
Amounts repaid - (85,724 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 498,442 464,854

LCI Rail Group Limited (Registered number: 09623440)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. RELATED PARTY DISCLOSURES

At 30/06/2024 the company was owed £498,442 (2023 - £464,854) by the director.