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Company Registration No. 08637309 (England and Wales)
CRANES DRINK LTD Unaudited accounts for the year ended 31 August 2024
CRANES DRINK LTD Unaudited accounts Contents
Page
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CRANES DRINK LTD Company Information for the year ended 31 August 2024
Directors
Benjamin Ritsema Daryl Moss Daniel Ritsema
Company Number
08637309 (England and Wales)
Registered Office
TOP FARM LOWER ROAD CROYDON ROYSTON SG8 0EQ ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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CRANES DRINK LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
71,307 
72,013 
Current assets
Inventories
92,160 
112,343 
Debtors
86,820 
109,355 
Cash at bank and in hand
140,909 
137,698 
319,889 
359,396 
Creditors: amounts falling due within one year
(193,927)
(204,959)
Net current assets
125,962 
154,437 
Total assets less current liabilities
197,269 
226,450 
Creditors: amounts falling due after more than one year
(132,433)
(167,981)
Net assets
64,836 
58,469 
Capital and reserves
Called up share capital
672,134 
672,134 
Profit and loss account
(607,298)
(613,665)
Shareholders' funds
64,836 
58,469 
For the year ending 31 August 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 23 May 2025 and were signed on its behalf by
Benjamin Ritsema Director Company Registration No. 08637309
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CRANES DRINK LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
CRANES DRINK LTD is a private company, limited by shares, registered in England and Wales, registration number 08637309. The registered office is TOP FARM LOWER ROAD, CROYDON, ROYSTON, SG8 0EQ, 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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
10% Straight Line
Motor vehicles
10% Straight Line
Computer equipment
10% Straight Line
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CRANES DRINK LTD Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
112,115 
11,405 
5,520 
129,040 
Additions
1,250 
5,176 
- 
6,426 
At 31 August 2024
113,365 
16,581 
5,520 
135,466 
Depreciation
At 1 September 2023
45,283 
8,047 
3,697 
57,027 
Charge for the year
5,859 
482 
791 
7,132 
At 31 August 2024
51,142 
8,529 
4,488 
64,159 
Net book value
At 31 August 2024
62,223 
8,052 
1,032 
71,307 
At 31 August 2023
66,832 
3,358 
1,823 
72,013 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
86,820 
109,355 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
2,270 
Trade creditors
58,595 
78,299 
Taxes and social security
20,816 
6,056 
Other creditors
431 
- 
Accruals
114,085 
118,334 
193,927 
204,959 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,552 
29,099 
Other creditors
112,881 
138,882 
132,433 
167,981 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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