Company Registration No. 08349463 (England and Wales)
Compact Rails & Systems Limited
Unaudited accounts
for the year ended 31 January 2026
Compact Rails & Systems Limited
Unaudited accounts
Contents
Compact Rails & Systems Limited
Company Information
for the year ended 31 January 2026
Directors
Mark Wilkinson
Michelle Wilkinson
Company Number
08349463 (England and Wales)
Registered Office
UNIT 2 , RINGWAY HOUSE
UNITED DOWNS INDUSTRIAL PARK
REDRUTH
CORNWALL
TR16 5HY
ENGLAND
Accountants
Batesons
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
Compact Rails & Systems Limited
Statement of financial position
as at 31 January 2026
Tangible assets
18,248
22,488
Cash at bank and in hand
32,341
28,032
Creditors: amounts falling due within one year
(19,486)
(19,534)
Net current assets
28,768
38,621
Total assets less current liabilities
47,016
61,109
Creditors: amounts falling due after more than one year
(4,738)
(8,235)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
42,178
48,501
Shareholders' funds
42,278
48,601
For the year ending 31 January 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 15 October 2026 and were signed on its behalf by
Mark Wilkinson
Director
Company Registration No. 08349463
Compact Rails & Systems Limited
Notes to the Accounts
for the year ended 31 January 2026
Compact Rails & Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 08349463. The registered office is UNIT 2 , RINGWAY HOUSE, UNITED DOWNS INDUSTRIAL PARK, REDRUTH, CORNWALL, TR16 5HY, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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:
Plant & machinery
15% Reducing Balance Basis
Motor vehicles
15% Reducing Balance Basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Compact Rails & Systems Limited
Notes to the Accounts
for the year ended 31 January 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2025
31,964
10,950
42,914
At 31 January 2026
31,964
10,950
42,914
At 1 February 2025
18,145
2,281
20,426
Charge for the year
2,073
2,167
4,240
At 31 January 2026
20,218
4,448
24,666
At 31 January 2026
11,746
6,502
18,248
At 31 January 2025
13,819
8,669
22,488
Amounts falling due within one year
Trade debtors
15,438
14,863
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
1,755
2,058
Obligations under finance leases and hire purchase contracts
1,745
1,523
Taxes and social security
13,368
13,978
Loans from directors
389
-
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
4,738
6,482
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Compact Rails & Systems Limited
Notes to the Accounts
for the year ended 31 January 2026
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
(14,810)
90,464
75,265
389
(14,810)
90,464
75,265
389
10
Average number of employees
During the year the average number of employees was 3 (2025: 3).