REGISTERED NUMBER: 02268087 (England and Wales)

Financial Statements

for the Year Ended 30 September 2024

for

C.R.T. Plant Engineers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C R Wildsmith

J R Wildsmith

Mrs D A Dain

REGISTERED OFFICE:

The Mills

Canal Street

Derby

Derbyshire

DE1 2RJ

REGISTERED NUMBER:

02268087 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

1,631

1,919

Investment property

5

700,000

700,000

701,631

701,919

CURRENT ASSETS

Debtors

6

-

430

Cash at bank

37,420

44,318

37,420

44,748

CREDITORS

Amounts falling due within one year

7

282,835

331,030

NET CURRENT LIABILITIES

(245,415

)

(286,282

)

TOTAL ASSETS LESS CURRENT LIABILITIES

456,216

415,637

PROVISIONS FOR LIABILITIES

8

65,852

65,924

NET ASSETS

390,364

349,713

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

240,471

240,471

Retained earnings

9

149,793

109,142

SHAREHOLDERS' FUNDS

390,364

349,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:

C R Wildsmith - Director

1.	STATUTORY INFORMATION

C.R.T. Plant Engineers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Rental income is recognised when the income is due in accordance with the lease.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

- 15% on reducing balance

Investment property

Investment property is not depreciated but revalued annually at its fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss and transferred to a fair value reserve.

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 October 2023

and 30 September 2024

4,564

DEPRECIATION

At 1 October 2023

2,645

Charge for year

288

At 30 September 2024

2,933

NET BOOK VALUE

At 30 September 2024

1,631

At 30 September 2023

1,919

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2023

and 30 September 2024

700,000

NET BOOK VALUE

At 30 September 2024

700,000

At 30 September 2023

700,000

Fair value at 30 September 2024 is represented by:

£

Valuation in 2024

700,000

If investment property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

394,084

394,084

Aggregate depreciation

(94,583

)

(86,701

)

Investment property was valued on a fair value basis on 30 September 2024 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Owed by related parties

-

430

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

155

201

Tax

9,989

11,117

Social security and other taxes

4,767

4,192

Directors' current accounts

246,385

293,525

Accruals and deferred income

21,539

21,995

282,835

331,030

8.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Accelerated capital allowances

407

479

Property revaluation

65,445

65,445

65,852

65,924

Deferred

tax

£

Balance at 1 October 2023

65,924

Provided during year

(72

)

Balance at 30 September 2024

65,852

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 October 2023

109,142

240,471

349,613

Profit for the year

41,651

41,651

Dividends

(1,000

)

(1,000

)

At 30 September 2024

149,793

240,471

390,264