REGISTERED NUMBER: 04504099 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Hides Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S Hides

SECRETARY:

Mrs J Hides

REGISTERED OFFICE:

4 Robertson Road

Sheffield

South Yorkshire

S6 5DX

REGISTERED NUMBER:

04504099 (England and Wales)

ACCOUNTANTS:

Lishmans LLP

16-18 Station Road

Chapeltown

Sheffield

South Yorkshire

S35 2XH

FIXED ASSETS

Tangible assets

4

13,207

15,825

Investment property

5

134,297

134,297

147,504

150,122

CURRENT ASSETS

Debtors

6

152

112

Cash at bank

167,987

244,723

168,139

244,835

CREDITORS

Amounts falling due within one year

7

74,275

82,065

NET CURRENT ASSETS

93,864

162,770

TOTAL ASSETS LESS CURRENT LIABILITIES

241,368

312,892

PROVISIONS FOR LIABILITIES

8

2,509

3,006

NET ASSETS

238,859

309,886

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

238,759

309,786

SHAREHOLDERS' FUNDS

238,859

309,886

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 September 2025 and were signed by:

Mr S Hides - Director

1.	STATUTORY INFORMATION

Cobal Cranes (UK) Limited is a private company, limited by shares, domiciled in England and Wales, registration number 04504099. The registered office is Callywhite Lane, Dronfield, Derbyshire S18 2XR.

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.

Tangible fixed assets

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

Plant and Machinery - 20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

24,459

DEPRECIATION

At 1 April 2024

8,634

Charge for year

2,618

At 31 March 2025

11,252

NET BOOK VALUE

At 31 March 2025

13,207

At 31 March 2024

15,825

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

134,297

NET BOOK VALUE

At 31 March 2025

134,297

At 31 March 2024

134,297

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

152

112

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

272

-

Other creditors

74,003

82,065

74,275

82,065

The loan from the group undertaking is repayable on demand and interest free.

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

2,509

3,006

Deferred

tax

£

Balance at 1 April 2024

3,006

Provided during year

(497

)

Balance at 31 March 2025

2,509