Rail Asset Development Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11299696

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		11,348		521,351

			11,348		521,351
CURRENT ASSETS
Debtors	5	209,642		126,183
Cash at bank and in hand		210,281		124,677

		419,923		250,860
Creditors: Amounts Falling Due Within One Year	6	(201,213 )		(140,042 )

NET CURRENT ASSETS (LIABILITIES)			218,710		110,818

TOTAL ASSETS LESS CURRENT LIABILITIES			230,058		632,169

NET ASSETS			230,058		632,169

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			229,958		632,069

SHAREHOLDERS' FUNDS			230,058		632,169

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Rail Asset Development Ltd

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 2026 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Stephen King

Director

05/08/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Rail Asset Development Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11299696 . The registered office is 105-107 Elmers End Road, Beckenham, Kent, BR3 4SY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% on cost
Fixtures & Fittings	33% on cost
Computer Equipment	33% on cost

2.4. Taxation

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.

Taxation assets and liabilities are not discounted.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 3)

4. Tangible Assets

	Land & Buildings	Plant & Machinery etc.	Total
	£	£	£
Cost
As at 1 May 2025	556,963	21,459	578,422
Additions	-	8,458	8,458
Disposals	(556,963 )	-	(556,963 )

As at 30 April 2026	-	29,917	29,917

Depreciation
As at 1 May 2025	43,439	13,632	57,071
Provided during the period	-	4,937	4,937
Disposals	(43,439 )	-	(43,439 )

As at 30 April 2026	-	18,569	18,569

...CONTINUED

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Rail Asset Development Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

Net Book Value
As at 30 April 2026	-	11,348	11,348

As at 1 May 2025	513,524	7,827	521,351

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	189,972	111,372
Other debtors	19,670	14,811

	209,642	126,183

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1	-
Other creditors	5,393	3,625
Taxation and social security	195,819	136,417

	201,213	140,042

7. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

8. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Heigham Limited. Heigham Limited was incorporated in England and Wales. The ultimate controlling party is Stephen King who controls 100% of the shares of Heigham Limited.

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