|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report of the Directors and |
|
Unaudited Financial Statements for the Year Ended 31st January 2018 |
|
for |
|
East Kent Railway Trust |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report of the Directors and |
|
Unaudited Financial Statements for the Year Ended 31st January 2018 |
|
for |
|
East Kent Railway Trust |
East Kent Railway Trust (Registered number: 04294363) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31st January 2018 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Report of the Directors | 2 |
|
Income Statement | 3 |
|
Balance Sheet | 4 |
|
Notes to the Financial Statements | 5 |
|
East Kent Railway Trust |
|
Company Information |
for the Year Ended 31st January 2018 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
153 Mortimer Street |
Herne Bay |
Kent |
CT6 5HA |
East Kent Railway Trust (Registered number: 04294363) |
|
Report of the Directors |
for the Year Ended 31st January 2018 |
|
The directors present their report with the financial statements of the company for the year ended 31st January 2018. |
|
DIRECTORS |
The directors shown below have held office during the whole of the period from 1st February 2017 to the date of this report. |
|
|
|
|
|
|
|
Other changes in directors holding office are as follows: |
|
|
|
|
|
|
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
|
ON BEHALF OF THE BOARD: |
|
|
|
|
|
|
|
|
|
East Kent Railway Trust (Registered number: 04294363) |
|
Income Statement |
for the Year Ended 31st January 2018 |
|
31.1.18 | 31.1.17 |
Notes | £ | £ |
|
TURNOVER |
|
|
|
Cost of sales |
|
|
GROSS SURPLUS |
|
|
|
Administrative expenses |
|
|
OPERATING (DEFICIT)/SURPLUS | 3 | ( |
) |
|
|
Interest receivable and similar income |
|
|
(DEFICIT)/SURPLUS BEFORE TAXATION | ( |
) |
|
|
Tax on (deficit)/surplus |
|
|
(DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR | ( |
) |
|
East Kent Railway Trust (Registered number: 04294363) |
|
Balance Sheet |
31st January 2018 |
|
31.1.18 | 31.1.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
Investments | 5 |
|
|
|
|
|
CURRENT ASSETS |
Debtors | 6 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|
RESERVES |
Other reserves |
|
|
Income and expenditure account |
|
|
|
|
|
|
|
|
|
The directors acknowledge their 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 surplus or deficit 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 were approved by the Board of Directors on
|
|
|
|
|
|
|
|
|
|
|
East Kent Railway Trust (Registered number: 04294363) |
|
Notes to the Financial Statements |
for the Year Ended 31st January 2018 |
|
1. | STATUTORY INFORMATION |
|
East Kent Railway Trust is a
|
registered number and registered office address can be found on the Company Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
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 |
|
Land and buildings | - |
|
Plant and machinery etc | - |
|
|
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
|
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 balance sheet date. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet |
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. |
|
3. | OPERATING (DEFICIT)/SURPLUS |
|
The operating deficit (2017 - operating surplus) is stated after charging: |
|
31.1.18 | 31.1.17 |
£ | £ |
Depreciation - owned assets |
|
|
East Kent Railway Trust (Registered number: 04294363) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31st January 2018 |
|
4. | TANGIBLE FIXED ASSETS |
Main | Miniature |
Railway | Railway | Track | Museum |
£ | £ | £ | £ |
COST |
At 1st February 2017 |
|
|
|
|
At 31st January 2018 |
|
|
|
|
DEPRECIATION |
At 1st February 2017 |
|
|
|
|
Charge for year |
|
|
|
|
At 31st January 2018 |
|
|
|
|
NET BOOK VALUE |
At 31st January 2018 |
|
|
|
|
At 31st January 2017 |
|
|
|
|
|
Plant and | Locomotives | Motor |
machinery | & Wagons | vehicles | Totals |
£ | £ | £ | £ |
COST |
At 1st February 2017 |
|
|
|
|
Additions |
|
|
|
|
At 31st January 2018 |
|
|
|
|
DEPRECIATION |
At 1st February 2017 |
|
|
|
|
Charge for year |
|
|
|
|
At 31st January 2018 |
|
|
|
|
NET BOOK VALUE |
At 31st January 2018 |
|
|
|
|
At 31st January 2017 |
|
|
|
|
|
5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1st February 2017 |
and 31st January 2018 |
|
NET BOOK VALUE |
At 31st January 2018 |
|
At 31st January 2017 |
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.18 | 31.1.17 |
£ | £ |
Trade debtors |
|
|
East Kent Railway Trust (Registered number: 04294363) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31st January 2018 |
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.18 | 31.1.17 |
£ | £ |
DDC Loan | 358 | 358 |
Trade creditors |
|
|
Amounts owed to group undertakings |
|
|
VAT | 1,998 | 940 |
Accrued expenses |
|
|
|
|