Embedded Rail Technology Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 03932117

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		12,844		14,950

			12,844		14,950
CURRENT ASSETS
Debtors	6	42,446		40,880
Cash at bank and in hand		76,481		159,655

		118,927		200,535
Creditors: Amounts Falling Due Within One Year	7	(12,580 )		(90,669 )

NET CURRENT ASSETS (LIABILITIES)			106,347		109,866

TOTAL ASSETS LESS CURRENT LIABILITIES			119,191		124,816

NET ASSETS			119,191		124,816

CAPITAL AND RESERVES
Called up share capital	8		200		200
Profit and Loss Account			118,991		124,616

SHAREHOLDERS' FUNDS			119,191		124,816

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Miss J Penny

Director

9 September 2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Embedded Rail Technology Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03932117 . The registered office is Rose Hill House, Wilfred Street, Derby, Derbyshire, DE23 8GG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Patents and Trademarks. They are amortised to profit and loss account over their estimated economic lives ofof 10 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33.3% on cost

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

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Embedded Rail Technology Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 January 2024	25,243	3,687	28,930

As at 31 December 2024	25,243	3,687	28,930

Amortisation
As at 1 January 2024	11,670	2,310	13,980
Provided during the period	1,909	197	2,106

As at 31 December 2024	13,579	2,507	16,086

Net Book Value
As at 31 December 2024	11,664	1,180	12,844

As at 1 January 2024	13,573	1,377	14,950

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2024	3,361

As at 31 December 2024	3,361

Depreciation
As at 1 January 2024	3,361

As at 31 December 2024	3,361

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

6. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	19,572	18,832
Corporation tax recoverable assets	18,480	18,480

	38,052	37,312
Due after more than one year
Deferred tax current asset	4,394	3,568

	42,446	40,880

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Embedded Rail Technology Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	8,216	8,214
Accruals and deferred income	1,977	1,887
Directors' loan accounts	2,387	80,568

	12,580	90,669

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	200	200

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