Company Registration No. SC300665 (Scotland)
Kilbride Rail Limited
Unaudited accounts
for the year ended 31 March 2025
Kilbride Rail Limited
Unaudited accounts
Contents
Kilbride Rail Limited
Company Information
for the year ended 31 March 2025
Directors
Peter Frost
Sarah Frost
Company Number
SC300665 (Scotland)
Registered Office
50 LOTHIAN ROAD
FESTIVAL SQUARE
EDINBURGH
EH3 9WJ
Accountants
Amy Gardiner FCA
15 High Meads
Wheathampstead
St Albans
AL4 8DN
Kilbride Rail Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
87,420
79,318
Creditors: amounts falling due within one year
(54,587)
(48,127)
Net current assets
46,078
44,490
Called up share capital
100
100
Profit and loss account
46,302
44,992
Shareholders' funds
46,402
45,092
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2025 and were signed on its behalf by
Peter Frost
Director
Company Registration No. SC300665
Kilbride Rail Limited
Notes to the Accounts
for the year ended 31 March 2025
Kilbride Rail Limited is a private company, limited by shares, registered in Scotland, registration number SC300665. The registered office is 50 LOTHIAN ROAD, FESTIVAL SQUARE, EDINBURGH, EH3 9WJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The accounts have been prepared on a going concern basis.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Straight line over 5 years
Kilbride Rail Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
13,245
13,299
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
6,674
9,494
Loans from directors
(74)
5,046
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).