RESOURCE RAIL LIMITED

RESOURCE RAIL LIMITED
Director's Report
For the year ended 31 March 2025

Director's report and financial statements

The director presents his annual report and the financial statements for the year ended 31 March 2025

Principal activities

The companys principal activity during the year continued to be the supply of services to railways.

Director

The director who served the company throughout the year was as follows:

Mark Lukehurst

Statement of director's responsibilities

The director is responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The director is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

On behalf of the board.

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Mark Lukehurst
Director

Date approved: 11 December 2025

RESOURCE RAIL LIMITED
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	138,791	172,144
		138,791	172,144
Current assets
Debtors	4	319,794	967,460
Cash at bank and in hand		10,622	95,642
		330,416	1,063,102
Creditors: amount falling due within one year	5	(389,174)	(727,669)
Net current assets		(58,758)	335,433

Total assets less current liabilities		80,033	507,577
Creditors: amount falling due after more than one year	6	(80,919)	(117,434)
Provisions for liabilities	7	0	(32,183)
Net assets		(886)	357,960

Capital and reserves
Called up share capital		100	100
Profit and loss account		(986)	357,860
Shareholders' funds		(886)	357,960

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 11 December 2025 and were signed by:

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Mark Lukehurst
Director

RESOURCE RAIL LIMITED
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

RESOURCE RAIL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11936301, registration address BUILDINGS C-E GOLDWELL LANE, ALDINGTON ASHFORD, TN25 7DX.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery etc

25% rb

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over their estimated expected useful lives.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 3 (2024 : 2).

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 April 2024	306,830	306,830
Additions	-	-
Disposals	-	-
At 31 March 2025	306,830	306,830
Depreciation
At 01 April 2024	134,686	134,686
Charge for year	33,353	33,353
On disposals	-	-
At 31 March 2025	168,039	168,039
Net book values
Closing balance as at 31 March 2025	138,791	138,791
Opening balance as at 01 April 2024	172,144	172,144

The net book value of Motor Vehicles includes £ 52,826 (2024 £63,374) in respect of assets leased under finance leases or hire purchase contracts.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	179,725	748,875
Other Debtors	140,069	218,585
	319,794	967,460

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	46,160	76,761
Bank Loans & Overdrafts	24,499	23,959
Taxation and Social Security	183	667
Obligations under HP/Financial Leases	21,025	21,024
Other Creditors	297,307	605,258
	389,174	727,669

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts	50,919	66,410
Obligations under HP/Financial Leases	30,000	51,024
	80,919	117,434

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	0		32,183
	0		32,183

Related Party Transactions

At the end of the year the company owed £151,590 (2024: £252,362) to the director of the company. This loan is interest free.

The following transactions were made during the year:

Consultancy £275746 (2024: £289108) - Premium Rail and Construction (director is son of director of Resource Rail Limited)

Consultancy £57975 (2024: £57360) - Lukehurst Consultancy (son of director)

Consultancy £37,360 (2024: £22240) - Director

Supply of tools & materials

£15961 (2024: nil) - Director

Rent £5200 (2024 £6097) - father of director

9.	Security The loans and HP agreements are secured by the director of the company.

Registered Number: 11936301
England and Wales
RESOURCE RAIL LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025