Company Registration No. 13119188 (England and Wales)
Cranks and Planks Limited
Unaudited accounts
for the year ended 31 January 2023
Cranks and Planks Limited
Unaudited accounts
Contents
Cranks and Planks Limited
Company Information
for the year ended 31 January 2023
Directors
J Pickup
C Pickup
Company Number
13119188 (England and Wales)
Registered Office
UPDENE
THE DEANE
HINDON
SP3 6EE
ENGLAND
Accountants
N L Accounting (South West) Ltd
Unit 9, Town Farm Workshops
Sixpenny Handley
Salisbury
Wiltshire
SP5 5PA
Cranks and Planks Limited
Statement of financial position
as at 31 January 2023
Tangible assets
5,924
7,321
Cash at bank and in hand
4,661
1,250
Creditors: amounts falling due within one year
(40,067)
(22,516)
Net current liabilities
(34,636)
(17,556)
Net liabilities
(28,712)
(10,235)
Called up share capital
100
100
Profit and loss account
(28,812)
(10,335)
Shareholders' funds
(28,712)
(10,235)
For the year ending 31 January 2023 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2023 and were signed on its behalf by
J Pickup
Director
Company Registration No. 13119188
Cranks and Planks Limited
Notes to the Accounts
for the year ended 31 January 2023
Cranks and Planks Limited is a private company, limited by shares, registered in England and Wales, registration number 13119188. The registered office is UPDENE, THE DEANE, HINDON, SP3 6EE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on Cost
Fixtures & fittings
20% on Cost
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
8,846
305
-
9,151
At 31 January 2023
8,846
305
541
9,692
At 1 February 2022
1,769
61
-
1,830
Charge for the year
1,769
61
108
1,938
At 31 January 2023
3,538
122
108
3,768
At 31 January 2023
5,308
183
433
5,924
At 31 January 2022
7,077
244
-
7,321
Cranks and Planks Limited
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
6,324
2,175
Other creditors
18,502
5,500
Loans from directors
14,741
14,341
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).