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Great Central Railwayana Limited
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Accountants' Report 1
Statement of Financial Position 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Great Central Railwayana Limited For The Year Ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Great Central Railwayana Limited For The Year Ended 31 March 2025 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Great Central Railwayana Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Great Central Railwayana Limited and state those matters that we have agreed to state to the directors of Great Central Railwayana Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Great Central Railwayana Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Great Central Railwayana Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Great Central Railwayana Limited . You consider that Great Central Railwayana Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Great Central Railwayana Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
6 October 2025
Cooper Adams Ltd
Chartered Accountants
12 Payton Street
Stratford upon Avon
Warwickshire
CV37 6UA
Page 1
Page 2
Statement of Financial Position
Registered number: 05405235
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 78,126 117,720
Investments - 81,500
78,126 199,220
CURRENT ASSETS
Debtors 147,420 160,358
Cash at bank and in hand 70,622 169,897
218,042 330,255
Creditors: Amounts Falling Due Within One Year (160,704 ) (273,129 )
NET CURRENT ASSETS (LIABILITIES) 57,338 57,126
TOTAL ASSETS LESS CURRENT LIABILITIES 135,464 256,346
NET ASSETS 135,464 256,346
CAPITAL AND RESERVES
Called up share capital 5 1 1
Income Statement 135,463 256,345
SHAREHOLDERS' FUNDS 135,464 256,346
Page 2
Page 3
For the year ending 31 March 2025 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 Income Statement.
On behalf of the board
Mr David Jones
Director
6 October 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Great Central Railwayana Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05405235 . The registered office is 14 School Street, Woodford Halse, Daventry, Northamptonshire, NN11 3RL.
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, excluding discounts, rebates, value added tax and other sales tax.
2.3. 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:
Leasehold 10% straight line
Plant & machinery 15% reducing balance
Motor vehicles 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Tangible assets
Land & Property
Leasehold Plant & machinery Motor vehicles Total
£ £ £ £
Cost
As at 1 April 2024 391,000 41,044 12,950 444,994
Additions - 499 - 499
As at 31 March 2025 391,000 41,543 12,950 445,493
Depreciation
As at 1 April 2024 279,400 34,924 12,950 327,274
Provided during the period 39,100 993 - 40,093
As at 31 March 2025 318,500 35,917 12,950 367,367
Net Book Value
As at 31 March 2025 72,500 5,626 - 78,126
As at 1 April 2024 111,600 6,120 - 117,720
Page 4
Page 5
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5