Company Registration No. 6604665 (England and Wales)
Overcrank Limited
Unaudited accounts
for the year ended 31 May 2024
Overcrank Limited
Unaudited accounts
Contents
Overcrank Limited
Company Information
for the year ended 31 May 2024
Directors
Gareth Ward
Rebecca Johnson
Company Number
6604665 (England and Wales)
Registered Office
58A GREEN LANE
LONDON
W7 2PB
ENGLAND
Accountants
David Meyer FCCA
2 Downage
London
NW4 1AA
Overcrank Limited
Statement of financial position
as at 31 May 2024
Tangible assets
12,161
16,214
Cash at bank and in hand
238
7,338
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
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
Overcrank Limited
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
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.
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
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
At 31 May 2024
12,161
-
12,161
At 31 May 2023
16,214
-
16,214
Overcrank Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Accrued income and prepayments
-
1,768
6
Creditors: amounts falling due after more than one year
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).