TRACTION RAIL ELECTRICAL LIMITED

Company Registration Number:
08371909 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2018

Period of accounts

Start date: 01 February 2017

End date: 31 January 2018

TRACTION RAIL ELECTRICAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2018

Balance sheet
Notes

TRACTION RAIL ELECTRICAL LIMITED

Balance sheet

As at 31 January 2018


Notes

2018

2017


£

£
Fixed assets
Tangible assets: 2 33,360 12,470
Total fixed assets: 33,360 12,470
Current assets
Debtors:   394,878 47,978
Cash at bank and in hand: 120,685 76,381
Total current assets: 515,563 124,359
Creditors: amounts falling due within one year: 3 (167,605) (31,706)
Net current assets (liabilities): 347,958 92,653
Total assets less current liabilities: 381,318 105,123
Creditors: amounts falling due after more than one year: 4 (13,417)
Total net assets (liabilities): 367,901 105,123
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 367,899 105,121
Shareholders funds: 367,901 105,123

The notes form part of these financial statements

TRACTION RAIL ELECTRICAL LIMITED

Balance sheet statements

For the year ending 31 January 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 July 2018
and signed on behalf of the board by:

Name: M LUCAS
Status: Director

The notes form part of these financial statements

TRACTION RAIL ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TRACTION RAIL ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2018

2. Tangible Assets

Total
Cost £
At 01 February 2017 33,689
Additions 34,442
At 31 January 2018 68,131
Depreciation
At 01 February 2017 21,219
Charge for year 13,552
At 31 January 2018 34,771
Net book value
At 31 January 2018 33,360
At 31 January 2017 12,470

TRACTION RAIL ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2018

3. Creditors: amounts falling due within one year note

Finance lease obligations £2,582Corporation Tax £74,792Other taxes and social security costs £71,147Other creditors £19,084Total creditors falling due within one year £167,605

TRACTION RAIL ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2018

4. Creditors: amounts falling due after more than one year note

Finance lease obligations £13,417