REGISTERED NUMBER: 03700456 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

THE SIR NIGEL GRESLEY LOCOMOTIVE COMPANY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C N Wilson

R Swales

J F M Jackson

D G Crone

A H Pitt

M K Walmsley

N P Hoskison

R D Turnbull

SECRETARY:

J F M Jackson

REGISTERED OFFICE:

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

REGISTERED NUMBER:

03700456 (England and Wales)

ACCOUNTANTS:

Rawse, Varley & Co

Chartered Accountants

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

FIXED ASSETS

Tangible assets

4

1,000

1,832

CURRENT ASSETS

Debtors

5

152,440

134,880

Cash at bank

54,179

28,214

206,619

163,094

CREDITORS

Amounts falling due within one year

6

47,153

45,348

NET CURRENT ASSETS

159,466

117,746

TOTAL ASSETS LESS CURRENT LIABILITIES

160,466

119,578

PROVISIONS FOR LIABILITIES

7

27,000

-

NET ASSETS

133,466

119,578

RESERVES

Retained earnings

133,466

119,578

133,466

119,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2026 and were signed on its behalf by:

C N Wilson - Director

J F M Jackson - Director

1.	STATUTORY INFORMATION

The company is a private company, limited by guarantee, registered in England and Wales. The company's registered number is 03700456 and its registered office address is Lloyds Bank Chambers, Hustlergate, Bradford, BD1 1UQ.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Schedule 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and the Republic of Ireland" (FRS102) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at the following annual rate in order to write off each asset over its estimated useful life.

Motor vehicles - 25% straight line.

Deferred taxation

Provision is made at current rates of corporation tax in respect of all timing differences between the recognition of gains and losses in the accounts and tax computations. Deferred taxation assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Income

Income represents hire revenue relating to the locomotive and charges for engineer's services together with any other sales revenue, all exclusive of VAT.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Equipment,

fixtures

and

fittings

£

COST

At 1 January 2025

and 31 December 2025

3,329

DEPRECIATION

At 1 January 2025

1,497

Charge for year

832

At 31 December 2025

2,329

NET BOOK VALUE

At 31 December 2025

1,000

At 31 December 2024

1,832

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amount owed by parent company

134,537

122,218

Prepayments and accrued income

17,903

12,662

152,440

134,880

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

1,141

Social security and other taxes

22,549

21,853

Accruals and deferred income

24,604

22,354

47,153

45,348

7.	PROVISIONS FOR LIABILITIES

A provision of £27,000 has been made for repairs relating to unavoidable expenditure which has arisen from events during the year.

8.	FINANCIAL COMMITMENTS

There were no contracted capital expenditure commitments at 31 December 2025 or 31 December 2024.

9.	ULTIMATE PARENT COMPANY

The Sir Nigel Gresley Locomotive Trust Limited is regarded by the directors as the ultimate parent company and controlling party. Its registered office is Lloyds Bank Chambers, Hustlergate, Bradford, BD1 1UQ.