CRANE DESIGN AND BUILD LTD

Company Registration Number:
07957896 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

CRANE DESIGN AND BUILD LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

CRANE DESIGN AND BUILD LTD

Company Information

for the Period Ended 28 February 2023




Director: Jonathan Shaw
Trine Shaw
Registered office: 35
Vale Lodge
Perry Vale
London
England
SE23 2LG
Company Registration Number: 07957896 (England and Wales)

CRANE DESIGN AND BUILD LTD

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 7,096 7,352
Total fixed assets: 7,096 7,352
Current assets
Stocks: 457 15,193
Debtors: 5 47,281 41,336
Cash at bank and in hand: 40,269 37,533
Total current assets: 88,007 94,062
Creditors: amounts falling due within one year: 6 ( 58,894 ) ( 53,337 )
Net current assets (liabilities): 29,113 40,725
Total assets less current liabilities: 36,209 48,077
Creditors: amounts falling due after more than one year: 7 ( 24,402 ) ( 34,792 )
Provision for liabilities: ( 1,348 ) ( 1,889 )
Total net assets (liabilities): 10,459 11,396

The notes form part of these financial statements

CRANE DESIGN AND BUILD LTD

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 10,359 11,296
Shareholders funds: 10,459 11,396

For the year ending 28 February 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 6 October 2023
And Signed On Behalf Of The Board By:

Name: Jonathan Shaw
Status: Director

Name: Trine Shaw
Status: Director

The notes form part of these financial statements

CRANE DESIGN AND BUILD LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced work done, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
    Plant and machinery etc - 15% on reducing balance

    Other accounting policies

    Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly to 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. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

CRANE DESIGN AND BUILD LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

CRANE DESIGN AND BUILD LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

CRANE DESIGN AND BUILD LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 March 2022 18,573 18,573
Additions 995 995
Disposals - -
Revaluations - -
Transfers - -
At 28 February 2023 19,568 19,568
Depreciation
At 01 March 2022 11,221 11,221
Charge for year 1,251 1,251
On disposals - -
Other adjustments - -
At 28 February 2023 12,472 12,472
Net book value
At 28 February 2023 7,096 7,096
At 28 February 2022 7,352 7,352

CRANE DESIGN AND BUILD LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors


2023
£

2022
£
Trade debtors 39,373 41,336
Other debtors 7,908
Total 47,281 41,336

CRANE DESIGN AND BUILD LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 8,746 8,109
Trade creditors 20,700 10,385
Taxation and social security 13,096 19,944
Other creditors 16,352 14,899
Total 58,894 53,337

CRANE DESIGN AND BUILD LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 24,402 34,792
Total 24,402 34,792