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Company Registration No. 02897214 (England and Wales)
Bridgend Valleys Railway Company Limited Unaudited accounts for the year ended 31 March 2026
Bridgend Valleys Railway Company Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Bridgend Valleys Railway Company Limited Company Information for the year ended 31 March 2026
Directors
Andrew Bowdler Rev. Malcolm Stinton Philip Stinton
Company Number
02897214 (England and Wales)
Accountants
R H Jeffs & Rowe Ltd 27-28 Gelliwastad Road Pontypridd CF37 2BW
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Bridgend Valleys Railway Company Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
84,267
87,532
Current assets
Inventories
750
750
Debtors
5
404
299
Cash at bank and in hand
45,621
46,475
46,775
47,524
Creditors: amounts falling due within one year
6
(1,440)
(1,420)
Net current assets
45,335
46,104
Total assets less current liabilities
129,602
133,636
Creditors: amounts falling due after more than one year
7
(1,067)
(1,867)
Net assets
128,535
131,769
Capital and reserves
Profit and loss account
128,535
131,769
Shareholders' funds
128,535
131,769
For the year ending 31 March 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 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 of Directors and authorised for issue on 18 August 2026 and were signed on its behalf by
Philip Stinton Director Company Registration No. 02897214
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Bridgend Valleys Railway Company Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Bridgend Valleys Railway Company Limited is a private company, limited by shares, registered in England and Wales, registration number 02897214.
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:
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
80,000
80,729
160,729
Additions
-
1
1
At 31 March 2026
80,000
80,730
160,730
Depreciation
At 1 April 2025
4,800
68,397
73,197
Charge for the year
800
2,466
3,266
At 31 March 2026
5,600
70,863
76,463
Net book value
At 31 March 2026
74,400
9,867
84,267
At 31 March 2025
75,200
12,332
87,532
5
Debtors
2026
2025
£
£
Amounts falling due within one year
VAT
266
193
Accrued income and prepayments
138
106
404
299
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Bridgend Valleys Railway Company Limited Notes to the Accounts for the year ended 31 March 2026
6
Creditors: amounts falling due within one year
2026
2025
£
£
Other creditors
800
800
Accruals
640
620
1,440
1,420
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
1,067
1,867
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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