Rail Operations Limited - Accounts to registrar (filleted) - small 18.2

Rail Operations Limited - Accounts to registrar (filleted) - small 18.2

RAIL OPERATIONS LIMITED - Company Information

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REGISTERED NUMBER: 08685643 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2019

for

Rail Operations Limited
Rail Operations Limited (Registered number: 08685643)






Contents of the Financial Statements
for the Year Ended 30 SEPTEMBER 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Rail Operations Limited

Company Information
for the Year Ended 30 SEPTEMBER 2019







DIRECTOR: Mr C A Thomas





REGISTERED OFFICE: Winsor & Newton Building
Suite 22 2nd Floor
Whitefriars Avenue Harrow
HA3 5RN





REGISTERED NUMBER: 08685643 (England and Wales)





ACCOUNTANTS: Korklin & Company
Certified Practising Accountants
Winsor & Newton Building
Suite 22 2nd Floor
Whitefriars Avenue Harrow
HA3 5RN
Page 1
Rail Operations Limited (Registered number: 08685643)

Balance Sheet
30 SEPTEMBER 2019

30.9.19 30.9.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,441 5,922

CURRENT ASSETS
Debtors 5 18,123 16,286
Cash at bank 11,756 7,823
29,879 24,109
CREDITORS
Amounts falling due within one year 6 33,938 28,750
NET CURRENT LIABILITIES (4,059 ) (4,641 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
382
1,281

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 282 1,181
SHAREHOLDERS' FUNDS 382 1,281

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 25 November 2019 and were signed by:





Mr C A Thomas - Director


The notes form part of these financial statements

Page 2
Rail Operations Limited (Registered number: 08685643)

Notes to the Financial Statements
for the Year Ended 30 SEPTEMBER 2019

1. STATUTORY INFORMATION

Rail Operations Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current 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 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 balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 October 2018
and 30 September 2019 21,952
DEPRECIATION
At 1 October 2018 16,030
Charge for year 1,481
At 30 September 2019 17,511
NET BOOK VALUE
At 30 September 2019 4,441
At 30 September 2018 5,922

Page 3 continued...
Rail Operations Limited (Registered number: 08685643)

Notes to the Financial Statements - continued
for the Year Ended 30 SEPTEMBER 2019

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.19 30.9.18
£    £   
Trade debtors 2,623 2,286
Other debtors 15,500 14,000
18,123 16,286

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.19 30.9.18
£    £   
Bank loans and overdrafts 9,133 11,529
Corporation Tax 17,353 9,967
Social security and other taxes 5,815 5,179
Directors' current accounts 337 775
Accrued expenses 1,300 1,300
33,938 28,750

7. RELATED PARTY DISCLOSURES

On 1st April 2019, a loan of amount £1,500 was made available to Mr C A Thomas, in addition to previous loan
of £14,000 (Oct 2015). This loan is repayable on demand and subject to interest at the rate of 4% per annum. At
the balance sheet date, total amount of loan (£15,500) was outstanding.

Page 4