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Company Registration No. 6604665 (England and Wales)
Overcrank Limited Unaudited accounts for the year ended 31 May 2024
Overcrank Limited Unaudited accounts Contents
Page
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Overcrank Limited Company Information for the year ended 31 May 2024
Directors
Gareth Ward Rebecca Johnson
Secretary
Gareth Ward
Company Number
6604665 (England and Wales)
Registered Office
58A GREEN LANE LONDON W7 2PB ENGLAND
Accountants
David Meyer FCCA 2 Downage London NW4 1AA
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Overcrank Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,161 
16,214 
Current assets
Debtors
2,298 
7,523 
Cash at bank and in hand
238 
7,338 
2,536 
14,861 
Net current assets
2,536 
14,861 
Total assets less current liabilities
14,697 
31,075 
Creditors: amounts falling due after more than one year
(21,599)
(30,668)
Net (liabilities)/assets
(6,902)
407 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(6,904)
405 
Shareholders' funds
(6,902)
407 
For the year ending 31 May 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 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 25 February 2025 and were signed on its behalf by
Gareth Ward Director Company Registration No. 6604665
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Overcrank Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Overcrank Limited is a private company, limited by shares, registered in England and Wales, registration number 6604665. The registered office is 58A GREEN LANE, LONDON, W7 2PB, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
67,951 
4,700 
72,651 
At 31 May 2024
67,951 
4,700 
72,651 
Depreciation
At 1 June 2023
51,737 
4,700 
56,437 
Charge for the year
4,053 
- 
4,053 
At 31 May 2024
55,790 
4,700 
60,490 
Net book value
At 31 May 2024
12,161 
- 
12,161 
At 31 May 2023
16,214 
- 
16,214 
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Overcrank Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
1,768 
Other debtors
2,298 
5,755 
2,298 
7,523 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
21,599 
30,668 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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