REGISTERED NUMBER: 07491723 (England and Wales)

Railway Motors Limited

Unaudited Financial Statements for the Year Ended 31 January 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Sarah Louise Barker

Andrew Edward Barker

Registered office:

228 Church Street

Westhoughton

Bolton

Greater Manchester

BL5 3QW

Registered number:

07491723 (England and Wales)

Accountants:

Leach Briely

Craven House

32 Lee Lane

Horwich

Bolton

Greater Manchester

BL6 7BY

Fixed assets

Intangible assets

4

30,000

30,000

Tangible assets

5

285,910

295,084

315,910

325,084

Current assets

Stocks

3,500

3,750

Debtors

6

7,708

4,171

Cash at bank and in hand

185,208

94,456

196,416

102,377

Creditors

Amounts falling due within one year

7

366,788

363,563

Net current liabilities

(170,372

)

(261,186

)

Total assets less current liabilities

145,538

63,898

Provisions for liabilities

8

3,829

6,259

Net assets

141,709

57,639

Capital and reserves

Called up share capital

9

100

100

Retained earnings

141,609

57,539

Shareholders' funds

141,709

57,639

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Statement of Income and Retained Earnings has not been delivered.

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

Andrew Edward Barker - Director

1.	Statutory information

Railway Motors 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 for motor vehicle repairs and servicing undertaken by the company during the year.

Goodwill

Amortisation of goodwill has not been provided for by the company as in the opinion of the directors it has an indefinite economic life. This accounting policy departs from the usual requirements of FRS 102 to amortise goodwill over a finite period. The effect of the departure is that amortisation as required by the requirement of FRS 102 has not been accounted for. If amortisation has been accounted for the charge for the year would have amounted to £3,000 and the profit for the year reduced accordingly.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% straight line

Fixtures and fittings

-

20% straight line

Motor vehicles

-

25% on cost

Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Stocks

Stocks are measured at estimated cost.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation

The taxation expense represents the aggregate amount of current tax recognised in the reporting year . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current year.

Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

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

3.	Employees and directors

The average number of employees during the year was 5 (2024 - 5 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 February 2024

and 31 January 2025

30,000

Net book value

At 31 January 2025

30,000

At 31 January 2024

30,000

5.	Tangible fixed assets

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Cost

At 1 February 2024

271,462

17,592

4,041

31,978

325,073

Disposals

-

-

-

(15,908

)

(15,908

)

At 31 January 2025

271,462

17,592

4,041

16,070

309,165

Depreciation

At 1 February 2024

-

11,151

2,328

16,510

29,989

Charge for year

-

1,288

218

2,568

4,074

Eliminated on disposal

-

-

-

(10,808

)

(10,808

)

At 31 January 2025

-

12,439

2,546

8,270

23,255

Net book value

At 31 January 2025

271,462

5,153

1,495

7,800

285,910

At 31 January 2024

271,462

6,441

1,713

15,468

295,084

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

6,412

2,409

Other debtors

1,296

1,762

7,708

4,171

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

27,052

35,648

Taxation and social security

63,651

32,111

Other creditors

276,085

295,804

366,788

363,563

8.	Provisions for liabilities

2025

2024

£

£

Deferred tax

3,829

6,259

Deferred

tax

£

Balance at 1 February 2024

6,259

Credit to Statement of Income and Retained Earnings during year

(2,430

)

Balance at 31 January 2025

3,829

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

1.00

100

100