Able Crane Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03333569

Able Crane Services Limited

Unaudited financial statements

30 April 2025

Able Crane Services Limited

Statement of financial position

30 April 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		206,556		164,299

Current assets

Stocks		43,740	43,740
Debtors	6	385,534	381,053
Cash at bank and in hand		288,593	554,035
		---------	---------
		717,867	978,828

Creditors: amounts falling due within one year	7	( 86,895)		( 380,083)
		---------		---------
Net current assets			630,972		598,745
			---------		---------
Total assets less current liabilities			837,528		763,044

Provisions

Taxation including deferred tax	( 49,723)	( 39,036)
	---------	---------
Net assets	787,805	724,008
	---------	---------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	786,805	723,008
	---------	---------
Shareholders funds	787,805	724,008
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Able Crane Services Limited

Statement of financial position (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 4 September 2025 , and are signed on behalf of the board by:

I E Gallop
Director

Company registration number: 03333569

Able Crane Services Limited

Notes to the financial statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales, registration number 03333569 . The address of the registered office is First Floor Suite, 2 Hillside Business Park, Bury St Edmunds, IP32 7EA. The trading address is 22 Roman Way, Thetford, Norfolk, IP24 1XB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and Machinery	-	15% reducing balance
Motor Vehicles	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Pension costs

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of employees during the year was 14 (2024: 14 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 May 2024	5,113	323,947	329,060
Additions	3,335	161,480	164,815
Disposals	–	( 106,130)	( 106,130)
	------	---------	---------
At 30 April 2025	8,448	379,297	387,745
	------	---------	---------
Depreciation
At 1 May 2024	3,049	161,712	164,761
Charge for the year	602	71,014	71,616
Disposals	–	( 55,188)	( 55,188)
	------	---------	---------
At 30 April 2025	3,651	177,538	181,189
	------	---------	---------
Carrying amount
At 30 April 2025	4,797	201,759	206,556
	------	---------	---------
At 30 April 2024	2,064	162,235	164,299
	------	---------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	323,466	347,885
Other debtors	62,068	33,168
	---------	---------
	385,534	381,053
	---------	---------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Other debtors	18,436	13,000
	-------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	33,996	75,339
Social security and other taxes	47,229	81,390
Other creditors	5,670	223,354
	-------	---------
	86,895	380,083
	-------	---------

8. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	20,349	27,131
Later than 1 year and not later than 5 years	–	6,783
	-------	-------
	20,349	33,914
	-------	-------

9. Pension commitments

The company operates a defined contribution pension scheme for the benefit of the director and employees. The assets of the scheme are administered by trustees in a fund independent from those of the company. The amount paid by the company during the year amounted to £18,723 (2024: £17,225).

10. Directors' advances, credits and guarantees

At the balance sheet date £16,108 (2024: £8,960) was owed to the company by the directors. The highest overdrawn balance during the year was £16,732.