STEVE FOSTER CRANES LTD

	Page
Company Information	1
Statement of Financial Position	2—3
Notes to the Financial Statements	4—8

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Statement of Financial Position

As At 30 June 2025

Statement of Financial Position

Registered number: 08578873

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		930		358
Tangible Assets	5		12,613,066		12,835,082

			12,613,996		12,835,440
CURRENT ASSETS
Debtors	7	2,085,157		2,308,728
Cash at bank and in hand		616,797		640,082

		2,701,954		2,948,810
Creditors: Amounts Falling Due Within One Year	8	(2,048,397 )		(2,503,633 )

NET CURRENT ASSETS (LIABILITIES)			653,557		445,177

TOTAL ASSETS LESS CURRENT LIABILITIES			13,267,553		13,280,617

Creditors: Amounts Falling Due After More Than One Year	9		(1,360,836 )		(1,791,291 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	10		(2,664,607 )		(2,069,241 )

NET ASSETS			9,242,110		9,420,085

CAPITAL AND RESERVES
Called up share capital	12		1,600		1,600
Income Statement			9,240,510		9,418,485

SHAREHOLDERS' FUNDS			9,242,110		9,420,085

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STEVE FOSTER CRANES LTD

Statement of Financial Position (continued)

As At 30 June 2025

For the year ending 30 June 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Steven Foster Director	Mrs Helen Foster Director	Mr Steven Foster Director
Mrs Gemma Cashmore Director
26th August 2025

The notes on pages 4 to 8 form part of these financial statements.

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STEVE FOSTER CRANES LTD

Notes to the Financial Statements

For The Year Ended 30 June 2025

Notes to the Financial Statements

1. General Information

STEVE FOSTER CRANES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08578873 . The registered office is 1 Tape Street, Cheadle, Stoke On Trent, Staffordshire, ST10 1BB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the income statement over its estimated economic life of .... years.

2.5. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the income statement over its estimated economic life of .... years.

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STEVE FOSTER CRANES LTD

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.6. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% Reducing Balance
Leasehold	2% Reducing Balance
Plant & Machinery	25% Reducing Balance
Motor Vehicles	2% Reducing Balance
Fixtures & Fittings	2% Reducing Balance
Computer Equipment	2% Reducing Balance

2.7. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

2.8. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.9. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.10. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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STEVE FOSTER CRANES LTD

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.10. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 37 (2024: 37)

4. Intangible Assets

	Other
	£
Cost
As at 1 July 2024	358
Additions	572

As at 30 June 2025	930

Net Book Value
As at 30 June 2025	930

As at 1 July 2024	358

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 July 2024	2,026,380	286,519	11,586,921	13,899,820
Additions	102,904	123,009	1,346,588	1,572,501
Disposals	-	(30,000 )	(1,645,562 )	(1,675,562 )

As at 30 June 2025	2,129,284	379,528	11,287,947	13,796,759

Depreciation
As at 1 July 2024	218,316	124,244	722,178	1,064,738
Provided during the period	38,213	65,712	215,167	319,092
Disposals	-	(7,500 )	(192,637 )	(200,137 )

As at 30 June 2025	256,529	182,456	744,708	1,183,693

...CONTINUED

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STEVE FOSTER CRANES LTD

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

Net Book Value
As at 30 June 2025	1,872,755	197,072	10,543,239	12,613,066

As at 1 July 2024	1,808,064	162,275	10,864,743	12,835,082

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,856,221	2,013,454
Prepayments and accrued income	90,936	150,744
Other debtors	138,000	115,000
VAT	-	29,530

	2,085,157	2,308,728

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	715,416	1,048,721
Trade creditors	312,215	385,019
Corporation tax	230,993	304,821
Other taxes and social security	45,798	40,605
VAT	158,736	-
Other creditors (7)	11,688	-
Accruals and deferred income	24,799	43,664
Directors' loan accounts	548,752	680,803

	2,048,397	2,503,633

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,360,836	1,791,291

10. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	2,664,607	2,069,241

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STEVE FOSTER CRANES LTD

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

11. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 July 2024	2,069,241	2,069,241
Deferred taxation	595,366	595,366

Balance at 30 June 2025	2,664,607	2,664,607

12. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,600	1,600

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Directors	Mr Steven Foster
	Mrs Helen Foster
	Mr Steven Foster
	Mrs Gemma Cashmore

Company Number	08578873

Registered Office	1 Tape Street
	Cheadle
	Stoke On Trent
	Staffordshire
	ST10 1BB

Accountants	The Curtis Partnership
	1 Tape Street
	Cheadle
	Stoke On Trent
	Staffordshire
	ST10 1BB