CORE RAIL LTD

Company Registration Number:
11592720 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2025

Period of accounts

Start date: 01 August 2024

End date: 31 July 2025

CORE RAIL LTD

Contents of the Financial Statements

for the Period Ended 31 July 2025

Balance sheet
Notes

CORE RAIL LTD

Balance sheet

As at 31 July 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 125,853 151,024
Tangible assets: 4 691,089 523,121
Total fixed assets: 816,942 674,145
Current assets
Stocks: 24,089 10,736
Debtors:   2,455,448 1,433,683
Cash at bank and in hand: 1,427 121
Total current assets: 2,480,964 1,444,540
Creditors: amounts falling due within one year:   (2,502,287) (1,582,499)
Net current assets (liabilities): (21,323) (137,959)
Total assets less current liabilities: 795,619 536,186
Total net assets (liabilities): 795,619 536,186
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 795,519 536,086
Shareholders funds: 795,619 536,186

The notes form part of these financial statements

CORE RAIL LTD

Balance sheet statements

For the year ending 31 July 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 May 2026
and signed on behalf of the board by:

Name: D Ratcliff
Status: Director

The notes form part of these financial statements

CORE RAIL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery 25% straight line and 10% straight line

Intangible fixed assets and amortisation policy

Goodwill Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the statement of comprehensive income over its useful economic life of 10 years.

CORE RAIL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2025

2. Employees

2025 2024
Average number of employees during the period 1 1

CORE RAIL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2025

3. Intangible Assets

Total
Cost £
At 01 August 2024 251,708
At 31 July 2025 251,708
Amortisation
At 01 August 2024 100,684
Charge for year 25,171
At 31 July 2025 125,855
Net book value
At 31 July 2025 125,853
At 31 July 2024 151,024

CORE RAIL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2025

4. Tangible Assets

Total
Cost £
At 01 August 2024 663,854
Additions 500,000
Disposals (320,000)
At 31 July 2025 843,854
Depreciation
At 01 August 2024 140,733
Charge for year 89,949
On disposals (77,917)
At 31 July 2025 152,765
Net book value
At 31 July 2025 691,089
At 31 July 2024 523,121