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Company Registration No. 12261674 (England and Wales)
TRAIN FOR SPEED LTD Unaudited accounts for the year ended 31 October 2025
TRAIN FOR SPEED LTD Unaudited accounts Contents
Page
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TRAIN FOR SPEED LTD Company Information for the year ended 31 October 2025
Director
Olajide Jeffrey Lawal-Balogun
Company Number
12261674 (England and Wales)
Registered Office
21 FUCHSIA STREET LONDON SE2 0TA ENGLAND
Accountants
ROSAB Accounting and Tax Services 16 Northcote Road Gravesend Kent DA11 7BS
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TRAIN FOR SPEED LTD Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
9,368 
11,137 
Creditors: amounts falling due within one year
(683)
(187)
Net current assets
8,685 
10,950 
Total assets less current liabilities
8,685 
10,950 
Creditors: amounts falling due after more than one year
(4,975)
(10,150)
Net assets
3,710 
800 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,709 
799 
Shareholders' funds
3,710 
800 
For the year ending 31 October 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2026 and were signed on its behalf by
Olajide Jeffrey Lawal-Balogun Director Company Registration No. 12261674
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TRAIN FOR SPEED LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
TRAIN FOR SPEED LTD is a private company, limited by shares, registered in England and Wales, registration number 12261674. The registered office is 21 FUCHSIA STREET, LONDON, SE2 0TA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2024
1,000 
At 31 October 2025
1,000 
Depreciation
At 1 November 2024
1,000 
At 31 October 2025
1,000 
Net book value
At 31 October 2025
- 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
683 
187 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
4,975 
10,150 
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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