SR Rail Hire Ltd 13058843 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is lease of rail equipment. Digita Accounts Production Advanced 6.30.9574.0 true 13058843 2024-01-01 2024-12-31 13058843 2024-12-31 13058843 core:RetainedEarningsAccumulatedLosses 2024-12-31 13058843 core:ShareCapital 2024-12-31 13058843 core:CurrentFinancialInstruments 2024-12-31 13058843 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 13058843 core:OtherPropertyPlantEquipment 2024-12-31 13058843 bus:SmallEntities 2024-01-01 2024-12-31 13058843 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 13058843 bus:FilletedAccounts 2024-01-01 2024-12-31 13058843 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13058843 bus:RegisteredOffice 2024-01-01 2024-12-31 13058843 bus:Director1 2024-01-01 2024-12-31 13058843 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13058843 core:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 13058843 core:PlantMachinery 2024-01-01 2024-12-31 13058843 countries:EnglandWales 2024-01-01 2024-12-31 13058843 2023-12-31 13058843 core:OtherPropertyPlantEquipment 2023-12-31 13058843 2023-01-01 2023-12-31 13058843 2023-12-31 13058843 core:RetainedEarningsAccumulatedLosses 2023-12-31 13058843 core:ShareCapital 2023-12-31 13058843 core:CurrentFinancialInstruments 2023-12-31 13058843 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 13058843 core:OtherPropertyPlantEquipment 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 13058843

SR Rail Hire Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2024

 

SR Rail Hire Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

SR Rail Hire Ltd

(Registration number: 13058843)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

26,211

13,970

Current assets

 

Debtors

5

26,331

6,125

Cash at bank and in hand

 

2,994

3,200

 

29,325

9,325

Creditors: Amounts falling due within one year

6

(18,115)

(4,234)

Net current assets

 

11,210

5,091

Net assets

 

37,421

19,061

Capital and reserves

 

Called up share capital

1

1

Retained earnings

37,420

19,060

Shareholders' funds

 

37,421

19,061

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 June 2025
 

.........................................
Mr S Rawlings
Director

 

SR Rail Hire Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
57 Franklin Avenue House
Wistaston
Crewe
Cheshire
CW2 7NE
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax.Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

SR Rail Hire Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

SR Rail Hire Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 January 2024

18,929

18,929

Additions

20,993

20,993

At 31 December 2024

39,922

39,922

Depreciation

At 1 January 2024

4,959

4,959

Charge for the year

8,752

8,752

At 31 December 2024

13,711

13,711

Carrying amount

At 31 December 2024

26,211

26,211

At 31 December 2023

13,970

13,970

5

Debtors

Current

2024
£

2023
£

Trade debtors

26,330

6,124

Other debtors

1

1

 

26,331

6,125

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other payables

18,115

4,234