REGISTERED NUMBER: 14584898 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

RAIL WELDING AND GRINDING LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L Thompson

Ms L E M Ord

REGISTERED OFFICE:

Unit 5

Westbrook Court

2 Sharrowvale Road

Sheffield

S11 8YZ

REGISTERED NUMBER:

14584898 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

S11 8YZ

FIXED ASSETS

Intangible assets

4

4,237

712

Tangible assets

5

259,120

251,220

263,357

251,932

CURRENT ASSETS

Stocks

56,442

26,500

Debtors

6

386,839

186,330

Cash at bank

191,650

1,507

634,931

214,337

CREDITORS

Amounts falling due within one year

7

444,860

377,070

NET CURRENT ASSETS/(LIABILITIES)

190,071

(162,733

)

TOTAL ASSETS LESS CURRENT LIABILITIES

453,428

89,199

CREDITORS

Amounts falling due after more than one year

8

(67,456

)

-

PROVISIONS FOR LIABILITIES

9

(64,780

)

-

NET ASSETS

321,192

89,199

CAPITAL AND RESERVES

Called up share capital

10

10

10

Retained earnings

321,182

89,189

SHAREHOLDERS' FUNDS

321,192

89,199

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 22 October 2026 and were signed on its behalf by:

Ms L E M Ord - Director

1.	STATUTORY INFORMATION

Rail Welding And Grinding Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. 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.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 February 2025

750

Additions

3,750

At 31 January 2026

4,500

AMORTISATION

At 1 February 2025

38

Charge for year

225

At 31 January 2026

263

NET BOOK VALUE

At 31 January 2026

4,237

At 31 January 2025

712

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

310,808

Additions

71,180

At 31 January 2026

381,988

DEPRECIATION

At 1 February 2025

59,588

Charge for year

63,280

At 31 January 2026

122,868

NET BOOK VALUE

At 31 January 2026

259,120

At 31 January 2025

251,220

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

352,720

179,862

Other debtors

34,119

6,468

386,839

186,330

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

5,432

-

Hire purchase contracts

5,572

-

Taxation and social security

245,993

81,179

Other creditors

187,863

295,891

444,860

377,070

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

45,028

-

Hire purchase contracts

22,428

-

67,456

-

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

64,780

-

Deferred

tax

£

Provided during year

64,780

Balance at 31 January 2026

64,780

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

10,000

Ordinary

0.001

10

10

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

Ms L E M Ord

Balance outstanding at start of year

(10,771

)

(515

)

Amounts advanced

29,760

2,264

Amounts repaid

(16,508

)

(12,520

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,481

(10,771

)

Ms L Thompson

Balance outstanding at start of year

(2,035

)

(515

)

Amounts advanced

7,842

-

Amounts repaid

(520

)

(1,520

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,287

(2,035

)

12.	RELATED PARTY DISCLOSURES

Purchases in the year to companies under the common control of a Director totalled £51,391 (2025: £15,149).