REGISTERED NUMBER: 06724925 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Metropex (Rail) Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

P Jarvis

Mrs S Jarvis

REGISTERED OFFICE:

Overdale

Coggins Mill Lane

Mayfield

East Sussex

TN20 6UL

REGISTERED NUMBER:

06724925 (England and Wales)

ACCOUNTANTS:

G. A. Hicks - Accountant

14 Meadow Way

Heathfield

East Sussex

TN21 8AL

The directors present their report with the financial statements of the company for the year ended 31 May 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the repair and refurbishment of railways stations.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 June 2024 to the date of this report.

P Jarvis

Mrs S Jarvis

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

P Jarvis - Director

11 September 2025

TURNOVER

141,528

148,238

Cost of sales

19,731

32,269

GROSS PROFIT

121,797

115,969

Administrative expenses

77,843

64,307

OPERATING PROFIT

4

43,954

51,662

Interest receivable and similar income

535

-

PROFIT BEFORE TAXATION

44,489

51,662

Tax on profit

9,095

10,916

PROFIT FOR THE FINANCIAL YEAR

35,394

40,746

FIXED ASSETS

Tangible assets

5

2,302

3,216

Investments

6

750

-

3,052

3,216

CURRENT ASSETS

Debtors

7

19,164

22,858

Cash at bank

23,352

37,221

42,516

60,079

CREDITORS

Amounts falling due within one year

8

19,276

15,105

NET CURRENT ASSETS

23,240

44,974

TOTAL ASSETS LESS CURRENT LIABILITIES

26,292

48,190

PROVISIONS FOR LIABILITIES

437

804

NET ASSETS

25,855

47,386

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

25,755

47,286

25,855

47,386

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2025 and were signed on its behalf by:

P Jarvis - Director

1.	STATUTORY INFORMATION

Metropex (Rail) 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 or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% straight line

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% straight line

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2024 - 2 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.5.25

31.5.24

£

£

Depreciation - owned assets

914

1,397

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2024

and 31 May 2025

1,214

22,999

11,715

35,928

DEPRECIATION

At 1 June 2024

1,214

19,930

11,568

32,712

Charge for year

-

767

147

914

At 31 May 2025

1,214

20,697

11,715

33,626

NET BOOK VALUE

At 31 May 2025

-

2,302

-

2,302

At 31 May 2024

-

3,069

147

3,216

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

750

At 31 May 2025

750

NET BOOK VALUE

At 31 May 2025

750

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

-

13,445

Other debtors

19,164

9,413

19,164

22,858

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

8,660

2,608

Taxation and social security

9,541

11,521

Other creditors

1,075

976

19,276

15,105