RACK N RAIL LTD - Accounts

RACK N RAIL LTD
Contents Page
For the Period 27 November 2024 to 30 November 2025

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

RACK N RAIL LTD Accountants' Report For the Period 27 November 2024 to 30 November 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 30 November 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Edgware Associates 30 November 2025 .................................................... Edgware Associates Liberty House 30 Whitchurch Lane Edgware HA8 6LE 26 August 2026 1

RACK N RAIL LTD
Accountants' Report
For the Period 27 November 2024 to 30 November 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 30 November 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Edgware Associates
30 November 2025

....................................................

Edgware Associates
Liberty House
30 Whitchurch Lane
Edgware
HA8 6LE
26 August 2026

1

RACK N RAIL LTD
Statement of Financial Position
As at 30 November 2025

	Notes	2025 £
Fixed assets
Tangible fixed assets	3	667
		667
Current assets
Stocks		4,550
Debtors		2,586
Cash at bank and in hand		22,351
		29,487
Creditors: amount falling due within one year		(16,998)
Net current assets		12,489

Total assets less current liabilities		13,156
Net assets		13,156

Capital and reserves
Called up share capital		100
Profit and loss account		13,056
Shareholders' funds		13,156

For the period ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

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

The financial statements were approved by the director on 26 August 2026 and were signed by:

-------------------------------
Khalid NOORI
Director

2

RACK N RAIL LTD
Notes to the Abridged Financial Statements
For the Period 27 November 2024 to 30 November 2025

General Information

RACK N RAIL LTD is a private company, limited by shares, registered in England and Wales, registration number 16104580, registration address 126 Newark Avenue, Peterborough, PE1 4NP.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

18% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the period was 2.

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 27 November 2024	-	-
Additions	814	814
Disposals	-	-
At 30 November 2025	814	814
Depreciation
At 27 November 2024	-	-
Charge for period	147	147
On disposals	-	-
At 30 November 2025	147	147
Net book values
Closing balance as at 30 November 2025	667	667
Opening balance as at 27 November 2024	-	-

3

Registered Number: 16104580
England and Wales
RACK N RAIL LTD

Abridged Accounts

Period of accounts Start date: 27 November 2024 End date: 30 November 2025