REGISTERED NUMBER: 05426226 (England and Wales)

CLASS 56 LOCOMOTIVES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mr M T Dawe

Mr C A Brooks

Mr K Bulmer

SECRETARY:

Mr M T Dawe

REGISTERED OFFICE:

1 Stanley Avenue

Sutton Coldfield

West Midlands

B75 7EQ

REGISTERED NUMBER:

05426226 (England and Wales)

ACCOUNTANTS:

Clark Hearsey

Chartered Certified Accountants

Fairfield Enterprise Centre

Lincoln Way

Fairfield Industrial Estate

Louth

Lincolnshire

LN11 0LS

FIXED ASSETS

Tangible assets

4

128,322

209,506

CURRENT ASSETS

Stocks

32,500

37,500

Debtors

5

1,805

6,176

Cash at bank

101,227

4,980

135,532

48,656

CREDITORS

Amounts falling due within one year

6

4,352

3,723

NET CURRENT ASSETS

131,180

44,933

TOTAL ASSETS LESS CURRENT LIABILITIES

259,502

254,439

CAPITAL AND RESERVES

Called up share capital

156,550

153,910

Retained earnings

102,952

100,529

SHAREHOLDERS' FUNDS

259,502

254,439

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 21st April 2026 and were signed on its behalf by:

Mr M T Dawe - Director

1.	STATUTORY INFORMATION

Class 56 Locomotives 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.

Tangible fixed assets

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

Tools and equipment

-

15% on cost

Locomotive 56006

-

not provided

Locomotive 56301

-

not provided

In accordance with the provisions of the Financial Reporting Standard the company has opted not to charge depreciation on the two locomotives as it is considered they have an indefinite economic life.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Tools and

Locomotive

Locomotive

equipment

56006

56301

Totals

£

£

£

£

COST

At 1st November 2024

6,948

127,936

80,851

215,735

Additions

-

-

63,578

63,578

Disposals

-

-

(144,429

)

(144,429

)

At 31st October 2025

6,948

127,936

-

134,884

DEPRECIATION

At 1st November 2024

6,229

-

-

6,229

Charge for year

333

-

-

333

At 31st October 2025

6,562

-

-

6,562

NET BOOK VALUE

At 31st October 2025

386

127,936

-

128,322

At 31st October 2024

719

127,936

80,851

209,506

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,805

6,176

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

63

Taxation and social security

609

-

Other creditors

3,743

3,660

4,352

3,723