3 2 Crew Mechanical Services Limited 02868816 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is that of mechanical services contracting. Digita Accounts Production Advanced 6.30.9574.0 true 02868816 2024-02-01 2025-01-31 02868816 2025-01-31 02868816 core:OtherReservesSubtotal 2025-01-31 02868816 core:RetainedEarningsAccumulatedLosses 2025-01-31 02868816 core:ShareCapital 2025-01-31 02868816 core:SharePremium 2025-01-31 02868816 core:CurrentFinancialInstruments 2025-01-31 02868816 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 02868816 core:FurnitureFittingsToolsEquipment 2025-01-31 02868816 core:MotorVehicles 2025-01-31 02868816 bus:SmallEntities 2024-02-01 2025-01-31 02868816 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 02868816 bus:FilletedAccounts 2024-02-01 2025-01-31 02868816 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 02868816 bus:RegisteredOffice 2024-02-01 2025-01-31 02868816 bus:Director4 2024-02-01 2025-01-31 02868816 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 02868816 core:FurnitureFittingsToolsEquipment 2024-02-01 2025-01-31 02868816 core:MotorVehicles 2024-02-01 2025-01-31 02868816 countries:EnglandWales 2024-02-01 2025-01-31 02868816 2024-01-31 02868816 core:FurnitureFittingsToolsEquipment 2024-01-31 02868816 core:MotorVehicles 2024-01-31 02868816 2023-02-01 2024-01-31 02868816 2024-01-31 02868816 core:OtherReservesSubtotal 2024-01-31 02868816 core:RetainedEarningsAccumulatedLosses 2024-01-31 02868816 core:ShareCapital 2024-01-31 02868816 core:SharePremium 2024-01-31 02868816 core:CurrentFinancialInstruments 2024-01-31 02868816 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 02868816 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2024-01-31 02868816 core:FurnitureFittingsToolsEquipment 2024-01-31 02868816 core:MotorVehicles 2024-01-31 02868816 core:PreviouslyStatedAmount 2024-01-31 xbrli:pure iso4217:GBP

Registration number: 02868816

Crew Mechanical Services Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2025

 

Crew Mechanical Services Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 6

 

Crew Mechanical Services Limited

(Registration number: 02868816)
Balance Sheet as at 31 January 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

45,861

8,122

Current assets

 

Debtors

5

506

2,534

Cash at bank and in hand

 

10,011

21,352

 

10,517

23,886

Creditors: Amounts falling due within one year

6

(13,110)

(12,475)

Net current (liabilities)/assets

 

(2,593)

11,411

Total assets less current liabilities

 

43,268

19,533

Provisions for liabilities

(5,499)

-

Net assets

 

37,769

19,533

Capital and reserves

 

Called up share capital

300

300

Share premium reserve

8,700

8,700

Other reserves

3,000

3,000

Retained earnings

25,769

7,533

Shareholders' funds

 

37,769

19,533

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 May 2025
 

.........................................
Mr R J Carter
Director

 

Crew Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
5 Rail Court Off Barrel Lane
Warmsworth
Doncaster
DN4 9JR

These financial statements were authorised for issue by the director on 23 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

 

Crew Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

15% per annum on a reducing balance basis

Motor vehicles

25% per annum on a reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Crew Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2024 - 2).

 

Crew Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 February 2024

38,811

22,500

61,311

Additions

-

57,995

57,995

Disposals

-

(22,500)

(22,500)

At 31 January 2025

38,811

57,995

96,806

Depreciation

At 1 February 2024

36,028

17,161

53,189

Charge for the year

418

14,499

14,917

Eliminated on disposal

-

(17,161)

(17,161)

At 31 January 2025

36,446

14,499

50,945

Carrying amount

At 31 January 2025

2,365

43,496

45,861

At 31 January 2024

2,783

5,339

8,122

5

Debtors

2025
£

2024
£

Trade debtors

12

2,108

Other debtors

47

-

Prepayments

447

426

506

2,534

 

Crew Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Trade creditors

 

79

72

Taxation and social security

 

-

12

Other creditors

 

11,663

9,388

Accrued expenses

 

1,368

3,003

 

13,110

12,475