Registered Number
:
10315675
|
For the year ended 31 August 2018
England and Wales
Report of the Director and Unaudited Financial Statements
For the year ended 31 August 2018
PP Rail Services Ltd
Contents Page
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6
Statement of Changes in Equity
7
Notes to the Financial Statements
For the year ended 31 August 2018
PP Rail Services Ltd
Company Information
Phillip Payne
Director
10315675
88 Church Road
Stockton on Tees
TS18 1TW
G&P Law Accountancy
Accountants
88 Church Road
Stockton on Tees
TS18 1TW
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For the year ended 31 August 2018
PP Rail Services Ltd
Director's Report
The director presents his report and financial statements for the year ended 31 August 2018.
The principal activity of the company continued to be that of Railway engineering
Director
The director who served the company throughout the year was as follows:
Phillip Payne
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
|
25 March 2019
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For the year ended 31 August 2018
PP Rail Services Ltd
Independent Accountants' Report
As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended
31
|
August
2018
and you consider that the company is exempt from an audit under the Companies Act
2006
.
In accordance with your
|
instructions
,
we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities
,
from the
|
accounting records and information and explanations supplied to us
.
|
G&P Law Accountancy
88 Church Road
Stockton on Tees
TS18 1TW
25 March 2019
3 of 7
For the year ended 31 August 2018
PP Rail Services Ltd
Income Statement
2017
2018
28,495
19,909
(340)
(6,750)
19,569
Gross profit
21,745
(10,062)
(7,333)
Operating profit
11,683
12,236
11,683
12,236
Profit before taxation
(2,220)
(2,398)
9,463
Profit for the financial year
9,838
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PP Rail Services Ltd
Statement of Financial Position
2017
2018
Trade and other receivables
|
2,744
2,654
2
210
Cash and cash equivalents
|
236
2,890
2,954
Trade and other payables
:
amounts falling due within one year
|
(2,398)
(2,220)
3
556
670
Net current assets
Total assets less current liabilities
|
670
556
670
Net assets
556
2
2
668
554
670
556
Shareholders' funds
For the year ended 31 August 2018 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 of its financial statements for the year ended 31 August 2018 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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 in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 25 March 2019 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 August 2018
PP Rail Services Ltd
Statement of Changes in Equity
Share Capital
Total
Balance at
05
August
2016
|
-
-
-
Share issue during the period
|
2
-
2
-
9,838
9,838
Profit for the period
-
(9,284)
(9,284)
Balance at
31
August
2017
and
01
September
2017
|
556
554
2
-
9,463
9,463
Profit for the year
-
(9,349)
(9,349)
Balance at
31
August
2018
|
2
668
670
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For the year ended 31 August 2018
PP Rail Services Ltd
Notes to the Financial Statements
Statutory Information
PP Rail Services Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
10315675
.
|
Principal place of business
:
|
20 Imperial Crescent
Stockton on Tees
Cleveland
TS20 2ER
88 Church Road
Stockton on Tees
TS18 1TW
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as modified by the revaluation of certain assets
.
|
2
.
Trade and other receivables
|
2017
2018
2,654
2,744
The debtors above include the following amounts falling due after more than one year
:
|
-
2,744
3
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
Taxation and social security
|
2,220
2,398
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