Railway & Industrial Safety Consultants - Accounts to registrar (filleted) - small 23.2.5
Railway & Industrial Safety Consultants - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Railway And Industrial Safety |
| Consultants Ltd |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2023 |
| Railway And Industrial Safety |
| Consultants Ltd (Registered number: 04538332) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2023 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Railway And Industrial Safety |
| Consultants Ltd |
| Company Information |
| for the Year Ended 31 December 2023 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 6 Charter Point Way |
| Ashby Business Park |
| Ashby De La Zouch |
| Leicestershire |
| LE65 1NF |
| Railway And Industrial Safety |
| Consultants Ltd (Registered number: 04538332) |
| Statement of Financial Position |
| 31 December 2023 |
| 2023 | 2022 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks | 6 |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Railway And Industrial Safety |
| Consultants Ltd (Registered number: 04538332) |
| Statement of Financial Position - continued |
| 31 December 2023 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| Railway And Industrial Safety |
| Consultants Ltd (Registered number: 04538332) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2023 |
| 1. | STATUTORY INFORMATION |
| Railway And Industrial Safety Consultants Ltd is a |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Significant judgements and estimates |
| In the application of the company's accounting policies, the directors are required to make judgement, estimates and assumptions about carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience other factors that are considered to be relevant. Actual results may differ from these estimates. |
| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods. |
| Turnover |
| Turnover is stated net of VAT and comprises the sales value of goods sold, work done and services rendered on contracts. |
| Tangible fixed assets |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Financial instruments |
| Debtors |
| Short-term debtors are measured at transaction price, less any impairment. |
| Creditors |
| Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently |
| at amortised cost using the effective interest method. |
| Railway And Industrial Safety |
| Consultants Ltd (Registered number: 04538332) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2023 |
| 3. | ACCOUNTING POLICIES - continued |
| 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. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | TANGIBLE FIXED ASSETS |
| Computer |
| equipment |
| £ |
| COST |
| At 1 January 2023 |
| Additions |
| At 31 December 2023 |
| DEPRECIATION |
| At 1 January 2023 |
| Charge for year |
| At 31 December 2023 |
| NET BOOK VALUE |
| At 31 December 2023 |
| At 31 December 2022 |
| 6. | STOCKS |
| 2023 | 2022 |
| £ | £ |
| Finished goods |
| Railway And Industrial Safety |
| Consultants Ltd (Registered number: 04538332) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2023 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Trade debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| VAT | 703 | 8,748 |
| Other creditors |
| Directors' current accounts | 464 | 240 |
| Accrued expenses |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2023 | 2022 |
| value: | £ | £ |
| Ordinary | 1.00 | 2 | 2 |
| Ordinary B | 1.00 | 1 | 1 |
| Ordinary C | 1.00 | 2 | 2 |
| 5 | 5 |
| 10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| During the year the director, Mr D Greenway, made loans to the company which are interest free and repayable on demand. At the end of the year the total amount owned to the director was £464 (2022: £240). |