Company registration number 14147333 (England and Wales)
LOCOMOTIVE 61306 LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
LOCOMOTIVE 61306 LIMITED
COMPANY INFORMATION
Director
Mr J Hosking
Company number
14147333
Registered office
Sixth Floor
Capital Tower
91 Waterloo Road
London
SE1 8RT
Accountants
Arnold Hill & Co LLP
Sixth Floor
Capital Tower
91 Waterloo Road
London
SE1 8RT
LOCOMOTIVE 61306 LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
- 1 -

The director presents his annual report and financial statements for the year ended 31 March 2025.

Principal activities

The company owns locomotive No 61306 'Mayflower' which it hires out on excursion trains.

Director

The director who held office during the year and up to the date of signature of the financial statements was as follows:

Mr J Hosking
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr J Hosking
Director
14 August 2025
LOCOMOTIVE 61306 LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
2025
2024
Notes
£
£
Turnover
119,619
84,400
Cost of sales
(26,788)
-
0
Gross profit
92,831
84,400
Administrative expenses
(192,547)
(732,254)
Loss before taxation
(99,716)
(647,854)
Tax on loss
-
0
-
0
Loss for the financial year
(99,716)
(647,854)

The profit and loss account has been prepared on the basis that all operations are continuing operations.

LOCOMOTIVE 61306 LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 3 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
660,000
750,000
Current assets
Debtors
5
46,350
1,337
Creditors: amounts falling due within one year
6
(13,843)
(8,317)
Net current assets/(liabilities)
32,507
(6,980)
Net assets
692,507
743,020
Capital and reserves
Called up share capital
4
3
Share premium account
2,043,955
1,994,753
Profit and loss reserves
(1,351,452)
(1,251,736)
Total equity
692,507
743,020

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 14 August 2025
Mr J Hosking
Director
Company registration number 14147333 (England and Wales)
LOCOMOTIVE 61306 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
1
Accounting policies
Company information

Locomotive 61306 Limited is a private company limited by shares incorporated in England and Wales. The registered office is Sixth Floor, Capital Tower, 91 Waterloo Road, London, SE1 8RT.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
10 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

LOCOMOTIVE 61306 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 0 (2024: 0).

3
Impairments

Impairment tests have been carried out where appropriate and the following impairment losses have been recognised in profit or loss:

2025
2024
Notes
£
£
In respect of:
Property, plant and equipment
4
40,962
482,674
Recognised in:
Administrative expenses
40,962
482,674
LOCOMOTIVE 61306 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024
1,988,864
Additions
40,962
At 31 March 2025
2,029,826
Depreciation and impairment
At 1 April 2024
1,238,864
Depreciation charged in the year
90,000
Impairment losses
40,962
At 31 March 2025
1,369,826
Carrying amount
At 31 March 2025
660,000
At 31 March 2024
750,000

More information on impairment movements in the year is given in note 3.

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
18,264
-
0
Other debtors
28,086
1,337
46,350
1,337
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
8,971
5,689
Taxation and social security
1,549
-
0
Other creditors
3,323
2,628
13,843
8,317
LOCOMOTIVE 61306 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
7
Related party transactions

The Company does not have a bank account, and cash transactions are processed through Locomotive Services Limited, a company under common control which is incorporated in England and Wales. Locomotive Services Limited paid gross expenses on behalf of the company totalling £145,764 (2024: £253,096) and also received income and VAT repayments on behalf of the company of £173,484 (202 4: £129,986) and as at 31 March 202 5, the Company owed Locomotive Services Limited £27,720 (202 4: £nil).

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