Acorah Software Products - Accounts Production 19.4.300 false true 31 December 2024 1 January 2024 false 22 January 2026 1 January 2025 31 December 2025 31 December 2025 08687106 Mr J R Granlund Mr P M Remahl Railcare Group AB Nasuddsvagen 10, Box 34, 932 21 Skelleftehamn, Sweden true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08687106 2024-12-31 08687106 2025-12-31 08687106 2025-01-01 2025-12-31 08687106 frs-core:CurrentFinancialInstruments 2025-12-31 08687106 frs-core:FurnitureFittings 2025-12-31 08687106 frs-core:FurnitureFittings 2025-01-01 2025-12-31 08687106 frs-core:FurnitureFittings 2024-12-31 08687106 frs-core:PlantMachinery 2025-12-31 08687106 frs-core:PlantMachinery 2025-01-01 2025-12-31 08687106 frs-core:PlantMachinery 2024-12-31 08687106 frs-core:ShareCapital 2025-12-31 08687106 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 08687106 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08687106 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 08687106 frs-bus:SmallEntities 2025-01-01 2025-12-31 08687106 frs-bus:Audited 2025-01-01 2025-12-31 08687106 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 08687106 1 2025-01-01 2025-12-31 08687106 frs-bus:Director1 2025-01-01 2025-12-31 08687106 frs-bus:Director2 2025-01-01 2025-12-31 08687106 frs-countries:EnglandWales 2025-01-01 2025-12-31 08687106 2023-12-31 08687106 2024-12-31 08687106 2024-01-01 2024-12-31 08687106 frs-core:CurrentFinancialInstruments 2024-12-31 08687106 frs-core:BetweenOneFiveYears 2024-12-31 08687106 frs-core:WithinOneYear 2024-12-31 08687106 frs-core:ShareCapital 2024-12-31 08687106 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 08687106
Railcare Sweden Ltd
Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Balance Sheet
Registered number: 08687106
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 41,920 286,212
Cash at bank and in hand 8,237 107,289
50,157 393,501
Creditors: Amounts Falling Due Within One Year 6 (1,431,661 ) (1,153,440 )
NET CURRENT ASSETS (LIABILITIES) (1,381,504 ) (759,939 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,381,504 ) (759,939 )
NET LIABILITIES (1,381,504 ) (759,939 )
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account (1,382,504 ) (760,939 )
SHAREHOLDERS' FUNDS (1,381,504) (759,939)
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 P M Remahl
Director
22nd January 2026
The notes on pages 2 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Railcare Sweden Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08687106 . The registered office is 12 Warwick Street, Coventry, CV5 6ET.
The presentation currency of the financial statements is the Pound Sterling (£). 
The place of business is Unit 1 Derwent Park, 214-216 London Road, Derby, DE1 2SX.
The financial statements are rounded to the nearest £1.
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
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Rendering of Services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
  • the amount of revenue can be measured reliably;
  • it is probable that the company will receive the consideration due under the contract;
  • the stage of completion of the contract at the end of the reporting period can be measured reliably; and
  • the costs incurred and the costs to complete the contract can be measured reliably.
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:
Plant & Machinery 33% on cost
Fixtures & Fittings 20% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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2.5. Financial Instruments
Financial instruments
The company enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade debtors and creditors, loans from third parties and loans to and from related parties.
Debt instruments that are payable or receivable within one year (which includes all debt instruments included in the financial statements) are measured initially and subsequently at the undiscounted amount of the cash or other consideration expected to be paid or received.
Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Going concern
After reviewing the company's forecasts and projections, and receiving confirmation that the Group will continue to support the company, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2025 17,909 29,781 47,690
As at 31 December 2025 17,909 29,781 47,690
Depreciation
As at 1 January 2025 17,909 29,781 47,690
As at 31 December 2025 17,909 29,781 47,690
Net Book Value
As at 31 December 2025 - - -
As at 1 January 2025 - - -
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 188 212,725
Prepayments and accrued income 22,357 30,481
Other debtors 14,117 43,006
VAT 5,258 -
41,920 286,212
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 28,595 41,268
Corporation tax (61 ) (61 )
VAT - 49,473
Other creditors - 685
Accruals and deferred income 13,836 109,688
Amounts owed to group undertakings 1,389,291 952,387
1,431,661 1,153,440
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
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8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year - 33,699
Later than one year and not later than five years - 17,303
- 51,002
9. Pension Commitments
The company operates a defined contribution pension scheme for the employees. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company regarding the pension amounting to £7,914 (2024 £21,677). At the balance sheet date Contributions totalling £0 (2024 £685) were payable to the fund at the balance sheet date. They are included in Other Creditors.
10. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Railcare Group AB . Railcare Group AB is incorporated in Sweden. Copies of the group accounts may be obtained from the secretary, Nasuddsvagen 10, Box 34, 932 21 Skelleftehamn, Sweden . The ultimate controlling party is Railcare Group AB who controls 100% of the shares of Railcare Sweden Ltd .
12. Audit Information
The auditor's report on the accounts of Railcare Sweden Ltd for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by Adam Bexon MChem FCA (Senior Statutory Auditor) for and on behalf of Burrows Scarborough Limited , Statutory Auditor.
Burrows Scarborough Limited
Sovereign House
12 Warwick Street
Coventry
CV5 6ET
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