REGISTERED NUMBER: 03036777 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

80072 STEAM LOCOMOTIVE CO. LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P K Evans

R J Jones

A Maxwell

A M Suckling

M J Compton

M A Smales

SECRETARY:

R J Jones

REGISTERED OFFICE:

25 Grosvenor Road

Wrexham

Wrexham

LL11 1BT

REGISTERED NUMBER:

03036777 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

HSBC Bank plc

17-19 Regent Street

Wrexham

LL11 1RN

FIXED ASSETS

Tangible assets

4

261,806

271,783

CURRENT ASSETS

Debtors

5

93,738

74,111

Cash at bank

98,026

113,549

191,764

187,660

CREDITORS

Amounts falling due within one year

6

25,552

300

NET CURRENT ASSETS

166,212

187,360

TOTAL ASSETS LESS CURRENT LIABILITIES

428,018

459,143

CREDITORS

Amounts falling due after more than one year

7

-

8,284

NET ASSETS

428,018

450,859

CAPITAL AND RESERVES

Called up share capital

415,200

395,360

Share premium

23,789

15,095

Revaluation reserve

9

13,550

13,550

Retained earnings

(24,521

)

26,854

428,018

450,859

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th May 2026 and were signed on its behalf by:

P K Evans - Director

1.	STATUTORY INFORMATION

80072 Steam Locomotive Co. 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Steam locomotive No. 80072

-

10% on cost

Support van

-

10% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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

Steam

locomotive

Support

No. 80072

van

Totals

£

£

£

COST

At 1st January 2025

and 31st December 2025

424,769

19,989

444,758

DEPRECIATION

At 1st January 2025

152,986

19,989

172,975

Charge for year

9,977

-

9,977

At 31st December 2025

162,963

19,989

182,952

NET BOOK VALUE

At 31st December 2025

261,806

-

261,806

At 31st December 2024

271,783

-

271,783

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Standard 4 Trust

330

330

VAT

4,240

184

Deferred tax asset

89,168

73,597

93,738

74,111

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

25,237

-

Accruals and deferred income

315

300

25,552

300

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

-

8,284

8.	DEFERRED TAX

£

Balance at 1st January 2025

(73,597

)

Movement in the year due to:-

changes in tax losses

(15,571

)

Balance at 31st December 2025

(89,168

)

9.

RESERVES

Revaluation

reserve

£

At 1st January 2025

and 31st December 2025

13,550

10.	CAPITAL COMMITMENTS

31.12.25

31.12.24

£

£

Contracted but not provided for in the

financial statements

-

-

11.	RELATED PARTY DISCLOSURES