Concrete Cranes Ltd 13744053 false 2021-11-15 2022-11-30 2022-11-30 The principal activity of the company is crane driver Digita Accounts Production Advanced 6.30.9574.0 true true 13744053 2021-11-15 2022-11-30 13744053 2022-11-30 13744053 bus:OrdinaryShareClass1 2022-11-30 13744053 bus:Revised 2022-11-30 13744053 core:CurrentFinancialInstruments 2022-11-30 13744053 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 13744053 core:Goodwill 2022-11-30 13744053 core:FurnitureFittingsToolsEquipment 2022-11-30 13744053 core:OtherPropertyPlantEquipment 2022-11-30 13744053 bus:SmallEntities 2021-11-15 2022-11-30 13744053 bus:AuditExemptWithAccountantsReport 2021-11-15 2022-11-30 13744053 bus:FullAccounts 2021-11-15 2022-11-30 13744053 bus:SmallCompaniesRegimeForAccounts 2021-11-15 2022-11-30 13744053 bus:RegisteredOffice 2021-11-15 2022-11-30 13744053 bus:CompanySecretaryDirector1 2021-11-15 2022-11-30 13744053 bus:OrdinaryShareClass1 2021-11-15 2022-11-30 13744053 bus:PrivateLimitedCompanyLtd 2021-11-15 2022-11-30 13744053 core:Goodwill 2021-11-15 2022-11-30 13744053 core:FurnitureFittingsToolsEquipment 2021-11-15 2022-11-30 13744053 core:OtherPropertyPlantEquipment 2021-11-15 2022-11-30 13744053 countries:UnitedKingdom 2021-11-15 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13744053

Concrete Cranes Ltd

Unaudited Filleted Financial Statements

for the Period from 15 November 2021 to 30 November 2022

 

Concrete Cranes Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Concrete Cranes Ltd

(Registration number: 13744053)
Balance Sheet as at 30 November 2022

Note

2022
£

Fixed assets

 

Intangible assets

5

8,342

Tangible assets

6

15,206

 

23,548

Current assets

 

Debtors

7

17,839

Cash at bank and in hand

 

2,888

 

20,727

Creditors: Amounts falling due within one year

8

(28,419)

Net current liabilities

 

(7,692)

Total assets less current liabilities

 

15,856

Provisions for liabilities

(2,889)

Net assets

 

12,967

Capital and reserves

 

Called up share capital

9

100

Retained earnings

12,867

Shareholders' funds

 

12,967

For the financial period ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 20 October 2023
 

 

Concrete Cranes Ltd

(Registration number: 13744053)
Balance Sheet as at 30 November 2022

.........................................
Mr N A Armitage
Company secretary and director

 

Concrete Cranes Ltd

Notes to the Unaudited Financial Statements for the Period from 15 November 2021 to 30 November 2022

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
39 Pilley Green
Tankersley
Barnsley
S75 3AB

These financial statements were authorised for issue by the director on 20 October 2023.

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Concrete Cranes Ltd

Notes to the Unaudited Financial Statements for the Period from 15 November 2021 to 30 November 2022

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

Concrete Cranes Ltd

Notes to the Unaudited Financial Statements for the Period from 15 November 2021 to 30 November 2022

4

Profit before tax

Arrived at after charging/(crediting)

2022
£

Depreciation expense

7,152

Amortisation expense

2,308

 

Concrete Cranes Ltd

Notes to the Unaudited Financial Statements for the Period from 15 November 2021 to 30 November 2022

5

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

Additions acquired separately

10,650

10,650

At 30 November 2022

10,650

10,650

Amortisation

Amortisation charge

2,308

2,308

At 30 November 2022

2,308

2,308

Carrying amount

At 30 November 2022

8,342

8,342

6

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

Additions

834

21,523

22,357

At 30 November 2022

834

21,523

22,357

Depreciation

Charge for the period

73

7,078

7,151

At 30 November 2022

73

7,078

7,151

Carrying amount

At 30 November 2022

761

14,445

15,206

7

Debtors

Current

2022
£

Trade debtors

17,839

 

Concrete Cranes Ltd

Notes to the Unaudited Financial Statements for the Period from 15 November 2021 to 30 November 2022

8

Creditors

Creditors: amounts falling due within one year

Note

2022
£

Due within one year

 

Loans and borrowings

10

891

Trade creditors

 

479

Taxation and social security

 

24,809

Accruals and deferred income

 

2,240

 

28,419

9

Share capital

Allotted, called up and fully paid shares

 

2022

 

No.

£

Ordinary shares of £1 each

100

100

     

10

Loans and borrowings

2022
£

Current loans and borrowings

Other borrowings

891