Rail Asset Development Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11299696

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		521,351		519,507

			521,351		519,507
CURRENT ASSETS
Debtors	5	126,183		84,640
Cash at bank and in hand		124,677		120,219

		250,860		204,859
Creditors: Amounts Falling Due Within One Year	6	(140,042 )		(245,866 )

NET CURRENT ASSETS (LIABILITIES)			110,818		(41,007 )

TOTAL ASSETS LESS CURRENT LIABILITIES			632,169		478,500

Creditors: Amounts Falling Due After More Than One Year	7		-		(28,241 )

NET ASSETS			632,169		450,259

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			632,069		450,159

SHAREHOLDERS' FUNDS			632,169		450,259

Page 1

Page 2

Rail Asset Development Ltd

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his 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

Mr Stephen King

Director

30/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Rail Asset Development Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11299696 . The registered office is 105-107 Elmers End Road, Beckenham, Kent, BR3 4SY.

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 taxes.

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:

Freehold	2% on cost
Fixtures & Fittings	33% on cost
Computer Equipment	33% on cost

2.4. Taxation

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.

Taxation assets and liabilities are not discounted.

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.

3. Average Number of Employees

3Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Land & Buildings	Plant & Machinery etc.	Total
	£	£	£
Cost
As at 1 May 2024	549,103	14,389	563,492
Additions	7,860	7,070	14,930

As at 30 April 2025	556,963	21,459	578,422

Depreciation
As at 1 May 2024	33,993	9,992	43,985
Provided during the period	9,446	3,640	13,086

As at 30 April 2025	43,439	13,632	57,071

Net Book Value
As at 30 April 2025	513,524	7,827	521,351

As at 1 May 2024	515,110	4,397	519,507

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Rail Asset Development Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	111,372	84,344
Other debtors	14,811	296

	126,183	84,640

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	-	5,556
Other creditors	3,625	115,736
Taxation and social security	136,417	124,574

	140,042	245,866

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bounce back loan > 1 year	-	28,241

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

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