Company Registration No. 11747211 (England and Wales)
LORRY CRANE SERVICES LIMITED
Unaudited accounts
for the year ended 31 January 2024
LORRY CRANE SERVICES LIMITED
Unaudited accounts
Contents
LORRY CRANE SERVICES LIMITED
Company Information
for the year ended 31 January 2024
Director
ROBERT JAMES FERRELL
Company Number
11747211 (England and Wales)
Registered Office
198 CARR BOTTOM ROAD
BRADFORD
WEST YORKSHIRE
BD5 9AQ
ENGLAND
LORRY CRANE SERVICES LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
177,235
102,400
Cash at bank and in hand
116,859
31,583
Creditors: amounts falling due within one year
(100,389)
(41,933)
Net current assets/(liabilities)
16,704
(5,230)
Called up share capital
1
1
Profit and loss account
193,938
97,169
Shareholders' funds
193,939
97,170
For the year ending 31 January 2024 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 director acknowledges his 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 and authorised for issue on 19 September 2024 and were signed on its behalf by
ROBERT JAMES FERRELL
Director
Company Registration No. 11747211
LORRY CRANE SERVICES LIMITED
Notes to the Accounts
for the year ended 31 January 2024
LORRY CRANE SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11747211. The registered office is 198 CARR BOTTOM ROAD, BRADFORD, WEST YORKSHIRE, BD5 9AQ, 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.
These financial statements for the year ended 31 January 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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% Reducing balance
Motor vehicles
18% Reducing balance
Computer equipment
20% Reducing balance
LORRY CRANE SERVICES LIMITED
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
13,503
109,914
3,939
127,356
Additions
7,360
102,495
-
109,855
Disposals
-
(5,900)
-
(5,900)
At 31 January 2024
20,863
206,509
3,939
231,311
At 1 February 2023
6,491
16,953
1,512
24,956
Charge for the year
1,710
26,925
485
29,120
At 31 January 2024
8,201
43,878
1,997
54,076
At 31 January 2024
12,662
162,631
1,942
177,235
At 31 January 2023
7,012
92,961
2,427
102,400
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
5,452
1,540
Taxes and social security
-
234
Loans from directors
70,825
40,159
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).