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REGISTERED NUMBER: 14467201 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 7 NOVEMBER 2022 TO 31 DECEMBER 2023

FOR

CRANE EQUIPMENT SERVICES LIMITED

CRANE EQUIPMENT SERVICES LIMITED (REGISTERED NUMBER: 14467201)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 7 NOVEMBER 2022 TO 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CRANE EQUIPMENT SERVICES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 7 NOVEMBER 2022 TO 31 DECEMBER 2023







DIRECTOR: J A Barber





REGISTERED OFFICE: 20-22 Wenlock Road
London
NG1 7GU





REGISTERED NUMBER: 14467201 (England and Wales)





ACCOUNTANTS: seven7seven
10 Kingswell Avenue
Arnold
Nottingham
NG5 6SY

CRANE EQUIPMENT SERVICES LIMITED (REGISTERED NUMBER: 14467201)

BALANCE SHEET
31 DECEMBER 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 13,329

CURRENT ASSETS
Stocks 8,012
Debtors 5 26,002
Cash at bank and in hand 16,620
50,634
CREDITORS
Amounts falling due within one year 6 111,820
NET CURRENT LIABILITIES (61,186 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(47,857

)

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (47,858 )
(47,857 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 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.

CRANE EQUIPMENT SERVICES LIMITED (REGISTERED NUMBER: 14467201)

BALANCE SHEET - continued
31 DECEMBER 2023


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 6 August 2024 and were signed by:





J A Barber - Director


CRANE EQUIPMENT SERVICES LIMITED (REGISTERED NUMBER: 14467201)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 7 NOVEMBER 2022 TO 31 DECEMBER 2023

1. STATUTORY INFORMATION

Crane Equipment Services Limited 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.

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.

At the balance sheet date the company had net liabilities of £47,857. In the opinion of the director the company will have sufficient working capital to meet all future liabilities as they fall due, as the director has confirmed his willingness and ability to support the company. Subsequently, the accounts have been prepared on a going concern basis.

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
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
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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.


CRANE EQUIPMENT SERVICES LIMITED (REGISTERED NUMBER: 14467201)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 7 NOVEMBER 2022 TO 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued
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 period 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 period was 7 .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
Additions 1,315 425 15,800 17,540
At 31 December 2023 1,315 425 15,800 17,540
DEPRECIATION
Charge for period 197 64 3,950 4,211
At 31 December 2023 197 64 3,950 4,211
NET BOOK VALUE
At 31 December 2023 1,118 361 11,850 13,329

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 22,349
Other debtors 3,653
26,002

CRANE EQUIPMENT SERVICES LIMITED (REGISTERED NUMBER: 14467201)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 7 NOVEMBER 2022 TO 31 DECEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 24,566
Taxation and social security 30,155
Other creditors 57,099
111,820

7. RELATED PARTY DISCLOSURES

During the period there were transactions between the company and the director.. At the balance sheet date £37,820 was owed by the company.