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REGISTERED NUMBER: 07232097 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

FOR

JR CRANE SERVICES LTD

JR CRANE SERVICES LTD (REGISTERED NUMBER: 07232097)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JR CRANE SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2022







DIRECTOR: J Robey





REGISTERED OFFICE: 31 High Street
Haverhill
Suffolk
CB9 8AD





REGISTERED NUMBER: 07232097 (England and Wales)





ACCOUNTANTS: Hackett Griffey LLP
Chartered Certified Accountants
31 High Street
Haverhill
Suffolk
CB9 8AD

JR CRANE SERVICES LTD (REGISTERED NUMBER: 07232097)

BALANCE SHEET
30 APRIL 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 151,958 71,564

CURRENT ASSETS
Debtors 5 1,645,187 1,190,885
Cash at bank and in hand 383,910 767,632
2,029,097 1,958,517
CREDITORS
Amounts falling due within one year 6 296,120 320,190
NET CURRENT ASSETS 1,732,977 1,638,327
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,884,935

1,709,891

CREDITORS
Amounts falling due after more than one
year

7

(31,308

)

-

PROVISIONS FOR LIABILITIES (18,014 ) (11,199 )
NET ASSETS 1,835,613 1,698,692

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 1,835,413 1,698,492
SHAREHOLDERS' FUNDS 1,835,613 1,698,692

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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.

JR CRANE SERVICES LTD (REGISTERED NUMBER: 07232097)

BALANCE SHEET - continued
30 APRIL 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 29 July 2022 and were signed by:





J Robey - Director


JR CRANE SERVICES LTD (REGISTERED NUMBER: 07232097)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

1. STATUTORY INFORMATION

JR Crane Services Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is the amount derived from ordinary activities, stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer & office equipment - 15% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 11 (2021 - 9 ) .

JR CRANE SERVICES LTD (REGISTERED NUMBER: 07232097)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

4. TANGIBLE FIXED ASSETS
Computer
Plant and Motor & office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2021 794 155,872 26,628 183,294
Additions - 94,425 8,828 103,253
Disposals (319 ) (9,665 ) (2,179 ) (12,163 )
At 30 April 2022 475 240,632 33,277 274,384
DEPRECIATION
At 1 May 2021 457 100,344 10,929 111,730
Charge for year 51 16,891 2,982 19,924
Eliminated on disposal (199 ) (7,898 ) (1,131 ) (9,228 )
At 30 April 2022 309 109,337 12,780 122,426
NET BOOK VALUE
At 30 April 2022 166 131,295 20,497 151,958
At 30 April 2021 337 55,528 15,699 71,564

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 762,658 789,839
Other debtors 882,529 401,046
1,645,187 1,190,885

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Hire purchase contracts 21,799 12,582
Trade creditors 211,804 164,525
Taxation and social security 57,702 135,177
Other creditors 4,815 7,906
296,120 320,190

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Hire purchase contracts 31,308 -

JR CRANE SERVICES LTD (REGISTERED NUMBER: 07232097)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

8. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Hire purchase contracts 53,107 12,582

9. OTHER FINANCIAL COMMITMENTS

The total amount of commitments, guarantees and contingencies is £1,050 (2021: £5,250).

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2022 and 30 April 2021:

2022 2021
£    £   
J Robey
Balance outstanding at start of year 113,228 115,921
Amounts advanced 117,200 113,228
Amounts repaid (114,000 ) (115,921 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 116,428 113,228

Interest of £2,099 at the rate of 2% p.a was charged on the above loan and is included in the balance.