REGISTERED NUMBER: 06877444 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Railway Garage Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I Turner

E Hixon

REGISTERED OFFICE:

Station Goods Yard

Station Road

Burgess Hill

West Sussex

RH15 9DG

REGISTERED NUMBER:

06877444 (England and Wales)

ACCOUNTANTS:

Price Green & Co

Lynnem House

1 Victoria Way

Burgess Hill

West Sussex

RH15 9NF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

8,591

11,400

8,591

11,400

CURRENT ASSETS

Stocks

74

62

Debtors

6

17,761

18,186

Cash at bank and in hand

150,818

70,469

168,653

88,717

CREDITORS

Amounts falling due within one year

7

77,733

66,312

NET CURRENT ASSETS

90,920

22,405

TOTAL ASSETS LESS CURRENT LIABILITIES

99,511

33,805

CREDITORS

Amounts falling due after more than one year

8

(5,890

)

(12,252

)

PROVISIONS FOR LIABILITIES

(2,153

)

(2,125

)

NET ASSETS

91,468

19,428

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

91,368

19,328

SHAREHOLDERS' FUNDS

91,468

19,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 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.

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2026 and were signed on its behalf by:

E Hixon - Director

1.	STATUTORY INFORMATION

Railway Garage 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

33% on reducing balance and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 4 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

15,000

AMORTISATION

At 1 May 2024

and 30 April 2025

15,000

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

35,880

Additions

120

At 30 April 2025

36,000

DEPRECIATION

At 1 May 2024

24,480

Charge for year

2,929

At 30 April 2025

27,409

NET BOOK VALUE

At 30 April 2025

8,591

At 30 April 2024

11,400

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

11,397

11,867

Other debtors

6,364

6,319

17,761

18,186

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

6,000

6,000

Trade creditors

17,714

20,790

Taxation and social security

46,593

32,167

Other creditors

7,426

7,355

77,733

66,312

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

5,890

12,252

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £5,100 (2024 - £85,500) were paid to the directors .

Included in other creditors is £206 (2024: £206) owed to the director, Mr I Turner.

Included in other creditors is £1,397 (2024: £1,857) owed to the director, Mr E Hixon.