Rail Engineering Management Limited - Accounts to registrar (filleted) - small 18.2

Rail Engineering Management Limited - Accounts to registrar (filleted) - small 18.2

RAIL ENGINEERING MANAGEMENT LIMITED - Company Information

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REGISTERED NUMBER: 07872456 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2017

for

Rail Engineering Management Limited
Rail Engineering Management Limited (Registered number: 07872456)






Contents of the Financial Statements
for the Year Ended 31 DECEMBER 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Rail Engineering Management Limited

Company Information
for the Year Ended 31 DECEMBER 2017







DIRECTOR: Mr C W J Shipman





REGISTERED OFFICE: 8th Floor
Elizabeth House
54-58 High Street
Edgware
Middlesex
HA8 7EJ





REGISTERED NUMBER: 07872456 (England and Wales)





ACCOUNTANTS: Korklin & Company
Certified Practising Accountants
8th Floor
Elizabeth House
54 - 58 High Street
Edgware
Middlesex
HA8 7EJ
Page 1
Rail Engineering Management Limited (Registered number: 07872456)

Balance Sheet
31 DECEMBER 2017

31.12.17 31.12.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,254 3,006

CURRENT ASSETS
Debtors 5 2,613 3,406
Cash at bank 52,403 43,158
55,016 46,564
CREDITORS
Amounts falling due within one year 6 36,010 39,387
NET CURRENT ASSETS 19,006 7,177
TOTAL ASSETS LESS CURRENT
LIABILITIES
21,260
10,183

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 21,160 10,083
SHAREHOLDERS' FUNDS 21,260 10,183

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 28 June 2018 and were signed by:





Mr C W J Shipman - Director


The notes form part of these financial statements

Page 2
Rail Engineering Management Limited (Registered number: 07872456)

Notes to the Financial Statements
for the Year Ended 31 DECEMBER 2017

1. STATUTORY INFORMATION

Rail Engineering Management 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 January 2017
and 31 December 2017 9,384
DEPRECIATION
At 1 January 2017 6,378
Charge for year 752
At 31 December 2017 7,130
NET BOOK VALUE
At 31 December 2017 2,254
At 31 December 2016 3,006

Page 3 continued...
Rail Engineering Management Limited (Registered number: 07872456)

Notes to the Financial Statements - continued
for the Year Ended 31 DECEMBER 2017

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Trade debtors 2,613 3,406

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Corporation Tax 11,495 13,526
Social security and other taxes 7,795 5,669
Directors' current accounts 15,420 18,512
Accrued expenses 1,300 1,680
36,010 39,387

Page 4