Paddy Rail Ltd

Paddy Rail Ltd

PADDY RAIL LTD - Company Information

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1 February 2022 false No description of principal activity Taxfiler 2023.9.1 09405395business:PrivateLimitedCompanyLtd2022-02-012023-01-31 094053952022-01-31 094053952022-02-012023-01-31 09405395business:AuditExempt-NoAccountantsReport2022-02-012023-01-31 09405395business:FilletedAccounts2022-02-012023-01-31 094053952023-01-31 09405395business:Director12022-02-012023-01-31 09405395business:RegisteredOffice2022-02-012023-01-31 094053952022-01-31 09405395core:WithinOneYear2023-01-31 09405395core:WithinOneYear2022-01-31 09405395core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 09405395core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 09405395core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 09405395core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 09405395core:PreviouslyStatedAmount2023-01-31 09405395core:PreviouslyStatedAmount2022-01-31 09405395business:SmallEntities2022-02-012023-01-31 09405395countries:EnglandWales2022-02-012023-01-31 09405395core:FurnitureFittings2022-02-012023-01-31 09405395core:ComputerEquipment2022-02-012023-01-31 09405395core:FurnitureFittings2022-01-31 09405395core:ComputerEquipment2022-01-31 09405395core:FurnitureFittings2023-01-31 09405395core:ComputerEquipment2023-01-31 09405395business:OrdinaryShareClass12022-02-012023-01-31 09405395business:OrdinaryShareClass12021-02-012022-01-31 094053952021-02-012022-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09405395 (England and Wales)
Paddy Rail Ltd Unaudited accounts for the year ended 31 January 2023
Paddy Rail Ltd Unaudited accounts Contents
Page
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Paddy Rail Ltd Company Information for the year ended 31 January 2023
Director
K Hogan
Company Number
09405395 (England and Wales)
Registered Office
Congress House Suite 2 floor 2 Lyon Road Harrow Middlesex HA1 2EN
Accountants
Evolve Accounting and Tax Solutions Ltd Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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Paddy Rail Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
895 
1,193 
Current assets
Debtors
5
1,020 
7,230 
Cash at bank and in hand
78,204 
77,220 
79,224 
84,450 
Creditors: amounts falling due within one year
6
(10,537)
(18,912)
Net current assets
68,687 
65,538 
Net assets
69,582 
66,731 
Capital and reserves
Called up share capital
7
1 
1 
Profit and loss account
69,581 
66,730 
Shareholders' funds
69,582 
66,731 
For the year ending 31 January 2023 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 director acknowledges his 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 and authorised for issue on 31 August 2023 and were signed on its behalf by
K Hogan Director Company Registration No. 09405395
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Paddy Rail Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Paddy Rail Ltd is a private company, limited by shares, registered in England and Wales, registration number 09405395. The registered office is Congress House Suite 2 floor 2, Lyon Road, Harrow, Middlesex, HA1 2EN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
20%
Computer equipment
25%
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2022
462 
1,129 
1,591 
At 31 January 2023
462 
1,129 
1,591 
Depreciation
At 1 February 2022
115 
283 
398 
Charge for the year
86 
212 
298 
At 31 January 2023
201 
495 
696 
Net book value
At 31 January 2023
261 
634 
895 
At 31 January 2022
347 
846 
1,193 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
628 
Other debtors
1,020 
6,602 
1,020 
7,230 
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Paddy Rail Ltd Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
1,613 
Taxes and social security
8,809 
15,982 
Accruals
1,728 
1,317 
10,537 
18,912 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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