REGISTERED NUMBER: 08524288 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

THOMPSON RAIL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D C Thompson

Mrs S A Thompson

REGISTERED OFFICE:

Unit A6

Chaucer Business Park

Dittons Road

Polegate

East Sussex

BN26 6QH

REGISTERED NUMBER:

08524288 (England and Wales)

ACCOUNTANTS:

MDJ Services Limited

Unit A6

Chaucer Business Park

Dittons Road

Polegate

East Sussex

BN26 6QH

FIXED ASSETS

Tangible assets

4

67,440

41,120

CURRENT ASSETS

Debtors

5

80,977

62,139

Cash at bank

437,958

212,187

518,935

274,326

CREDITORS

Amounts falling due within one year

6

137,917

54,329

NET CURRENT ASSETS

381,018

219,997

TOTAL ASSETS LESS CURRENT LIABILITIES

448,458

261,117

CREDITORS

Amounts falling due after more than one year

7

(18,662

)

-

PROVISIONS FOR LIABILITIES

(12,814

)

(7,813

)

NET ASSETS

416,982

253,304

CAPITAL AND RESERVES

Called up share capital

8

120

120

Retained earnings

416,862

253,184

SHAREHOLDERS' FUNDS

416,982

253,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 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 15 July 2026 and were signed on its behalf by:

D C Thompson - Director

1.	STATUTORY INFORMATION

Thompson Rail Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2025

41,981

1,358

75,356

2,261

120,956

Additions

3,468

250

50,294

725

54,737

Disposals

-

-

(27,980

)

-

(27,980

)

At 31 May 2026

45,449

1,608

97,670

2,986

147,713

DEPRECIATION

At 1 June 2025

23,157

1,116

53,401

2,162

79,836

Charge for year

3,344

98

15,850

272

19,564

Eliminated on disposal

-

-

(19,127

)

-

(19,127

)

At 31 May 2026

26,501

1,214

50,124

2,434

80,273

NET BOOK VALUE

At 31 May 2026

18,948

394

47,546

552

67,440

At 31 May 2025

18,824

242

21,955

99

41,120

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

33,794

At 31 May 2026

33,794

DEPRECIATION

Charge for year

8,449

At 31 May 2026

8,449

NET BOOK VALUE

At 31 May 2026

25,345

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

74,254

58,777

Other debtors

6,723

3,362

80,977

62,139

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Hire purchase contracts

7,108

-

Trade creditors

16,582

4,021

Corporation tax

72,453

34,694

Social security and other taxes

1,596

788

VAT

36,385

12,247

Other creditors

1,424

987

Directors' current accounts

969

192

Accrued expenses

1,400

1,400

137,917

54,329

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.26

31.5.25

£

£

Hire purchase contracts

18,662

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.26

31.5.25

value:

£

£

120

Ordinary

£1

120

120