RAILTRAIL TOURS LIMITED
Balance Sheet
as at 28 February 2026
Notes |  |  | 2026 |  |  | 2025
£ | £
Fixed assets
Tangible assets | 4 |  |  | 43,034 |  |  | 47,248
Current assets
Debtors | 5 |  | 281,414 |  |  | 578,595
Cash at bank and in hand |  |  | 1,062,566 |  |  | 1,055,177
|  |  | 1,343,980 |  |  | 1,633,772
Creditors: amounts falling due within one year | 6 |  | (1,163,976) |  |  | (1,432,752)
Net current assets |  |  |  | 180,004 |  |  | 201,020
Total assets less current liabilities |  |  |  | 223,038 |  |  | 248,268
Creditors: amounts falling due after more than one year | 7 |  |  | (3,333) |  |  | (23,333)
Provisions for liabilities |  |  |  | (6,025) |  |  | (6,745)
Net assets |  |  |  | 213,680 |  |  | 218,190
Capital and reserves
Called up share capital |  |  |  | 10,000 |  |  | 10,000
Profit and loss account |  |  |  | 203,680 |  |  | 208,190
Shareholder's funds |  |  |  | 213,680 |  |  | 218,190
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
MR. D.C. FELSTEAD
Director
Approved by the board on 4 June 2026

RAILTRAIL TOURS LIMITED
Notes to the Accounts
for the year ended 28 February 2026
1 | Accounting policies
| Basis of preparation
| 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
| Turnover is recognised on a departure date basis.
| Intangible fixed assets
| Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:
| Fixtures, fittings and equipment | 15% reducing balance basis
| Debtors
| Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.
| Foreign currency translation
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
| Leased assets
| A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
| Pensions
| Contributions to defined contribution plans are expensed in the period to which they relate.
2 | Employees | 2026 |  | 2025
Number | Number
| Average number of persons employed by the company | 20 |  | 20
3 | Intangible fixed assets | £
| Goodwill:
| Cost
| At 1 March 2025 | 4,889
| At 28 February 2026 | 4,889
| Amortisation
| At 1 March 2025 | 4,889
| At 28 February 2026 | 4,889
| Net book value
| At 28 February 2026 | -
| At 29 February 2020 | -
| Goodwill has been written off in equal annual instalments over its estimated economic life.
4 | Tangible fixed assets
|  |  |  |  |  |  |  | Fixtures, fittings and equipment
£
| Cost
| At 1 March 2025 | 153,945
| Additions | 3,382
| At 28 February 2026 | 157,327
| Depreciation
| At 1 March 2025 | 106,697
| Charge for the year | 7,596
| At 28 February 2026 | 114,293
| Net book value
| At 28 February 2026 | 43,034
| At 28 February 2025 | 47,248
5 | Debtors | 2026 |  | 2025
£ | £
| Prepayments | 268,598 |  | 575,362
| Other debtors | 12,816 |  | 3,233
|  |  |  |  |  | 281,414 |  | 578,595
6 | Creditors: amounts falling due within one year | 2026 |  | 2025
£ | £
| Bank loans (unsecured) | 20,000 |  | 20,000
| Deposits in advance | 1,007,413 |  | 982,175
| Trade creditors | 122,641 |  | 412,933
| Other taxes and social security costs | 13,921 |  | 11,802
| Director's loan account | 1 |  | 5,842
|  |  |  |  |  | 1,163,976 |  | 1,432,752
7 | Creditors: amounts falling due after more than one year | 2026 |  | 2025
£ | £
| Bank loans (unsecured) | 3,333 |  | 23,333
8 | Controlling party
| Mr. D.C. Felstead, a director of the company, owns 100% of the issued share capital of the company.
9 | Other information
| RAILTRAIL TOURS LIMITED is a private company limited by shares and incorporated in England (Company Number 02509776). Its registered office is 21, The Smithfield Centre, Leek, Staffordshire, ST13 5JW.

RAILTRAIL TOURS LIMITED 02509776 false 2025-03-01 2026-02-28 2026-02-28 VT Final Accounts May 2026 MR. D.C. FELSTEAD No description of principal activity 02509776 2024-03-01 2025-02-28 02509776 core:WithinOneYear 2025-02-28 02509776 core:ShareCapital 2025-02-28 02509776 core:RetainedEarningsAccumulatedLosses 2025-02-28 02509776 core:AfterOneYear 2025-02-28 02509776 2025-03-01 2026-02-28 02509776 bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 02509776 bus:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 02509776 bus:Director40 2025-03-01 2026-02-28 02509776 1 2025-03-01 2026-02-28 02509776 2 2025-03-01 2026-02-28 02509776 core:PlantMachinery 2025-03-01 2026-02-28 02509776 countries:England 2025-03-01 2026-02-28 02509776 bus:FRS102 2025-03-01 2026-02-28 02509776 bus:FilletedAccounts 2025-03-01 2026-02-28 02509776 2026-02-28 02509776 core:WithinOneYear 2026-02-28 02509776 core:ShareCapital 2026-02-28 02509776 core:RetainedEarningsAccumulatedLosses 2026-02-28 02509776 core:Goodwill 2026-02-28 02509776 core:PlantMachinery 2026-02-28 02509776 core:AfterOneYear 2026-02-28 02509776 2025-02-28 02509776 core:Goodwill 2025-02-28 02509776 core:PlantMachinery 2025-02-28 iso4217:GBP xbrli:pure