Bernard Hunter Mobile Cranes Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Report to the directors on the preparation of the unaudited statutory accounts of Bernard Hunter Mobile Cranes Limited for the year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Bernard Hunter Mobile Cranes Limited for the year ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company's accounting records and from information and explanations you have given to us.

As a practising member of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts-revised-june-2020.

This report is made solely to the directors of Bernard Hunter Mobile Cranes Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Bernard Hunter Mobile Cranes Limited and state those matters that we have agreed to state to the directors of Bernard Hunter Mobile Cranes Limited , as a body, in this report in accordance with the requirements of the ICAS as detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts-revised-june-2020. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bernard Hunter Mobile Cranes Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Bernard Hunter Mobile Cranes Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Bernard Hunter Mobile Cranes Limited . You consider that Bernard Hunter Mobile Cranes Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Bernard Hunter Mobile Cranes Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Signed

1 December 2025

Glen Drummond Ltd

Chartered Accountants

Argyll House

Quarrywood Court

Livingston

EH54 6AX

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Bernard Hunter Mobile Cranes Limited

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: SC552477

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		7,533,954		7,977,128
Tangible Assets	5		9,442,422		9,689,309

			16,976,376		17,666,437
CURRENT ASSETS
Debtors	6	3,838,761		2,843,015
Cash at bank and in hand		395,033		404,687

		4,233,794		3,247,702
Creditors: Amounts Falling Due Within One Year	7	(1,242,140 )		(969,779 )

NET CURRENT ASSETS (LIABILITIES)			2,991,654		2,277,923

TOTAL ASSETS LESS CURRENT LIABILITIES			19,968,030		19,944,360

Creditors: Amounts Falling Due After More Than One Year	8		(828,954 )		(1,119,082 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,917,539 )		(1,727,437 )

NET ASSETS			17,221,537		17,097,841

CAPITAL AND RESERVES
Called up share capital	11		15,555,400		15,555,400
Profit and Loss Account			1,666,137		1,542,441

SHAREHOLDERS' FUNDS			17,221,537		17,097,841

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Bernard Hunter Mobile Cranes Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 Profit and Loss Account.

On behalf of the board

Mr M Rafferty

Director

1 December 2025

The notes on pages 4 to 7 form part of these financial statements.

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Bernard Hunter Mobile Cranes Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Bernard Hunter Mobile Cranes Limited is a private company, limited by shares, incorporated in Scotland, registered number SC552477 . The registered office is 600 Gilmerton Road, Edinburgh, EH17 8RY.

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.

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 profit and loss account over its estimated economic life of 25 years.

2.5. 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:

Plant & Machinery	6% & 10% on cost
Motor Vehicles	25% on cost
Fixtures & Fittings	33% on cost
Computer Equipment	33% on cost

2.6. 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 profit and loss account 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 profit and loss account as incurred.

2.7. Financial Instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense

in the profit and loss account

2.8. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

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Bernard Hunter Mobile Cranes Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.9. 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.

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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 23 (2024: 23)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	11,079,344

As at 31 March 2025	11,079,344

Amortisation
As at 1 April 2024	3,102,216
Provided during the period	443,174

As at 31 March 2025	3,545,390

Net Book Value
As at 31 March 2025	7,533,954

As at 1 April 2024	7,977,128

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	12,331,087	235,797	8,642	12,575,526
Additions	970,405	-	3,512	973,917
Disposals	(781,739 )	-	-	(781,739 )

As at 31 March 2025	12,519,753	235,797	12,154	12,767,704

...CONTINUED

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Bernard Hunter Mobile Cranes Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	2,714,509	167,345	4,363	2,886,217
Provided during the period	730,456	29,046	2,682	762,184
Disposals	(323,119 )	-	-	(323,119 )

As at 31 March 2025	3,121,846	196,391	7,045	3,325,282

Net Book Value
As at 31 March 2025	9,397,907	39,406	5,109	9,442,422

As at 1 April 2024	9,616,578	68,452	4,279	9,689,309

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,083,224	828,007
Other debtors	2,755,537	2,015,008

	3,838,761	2,843,015

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	822,483	740,817
Trade creditors	59,791	72,018
Other loans	23,571	34,066
Other creditors	249,391	56,518
Taxation and social security	86,904	66,360

	1,242,140	969,779

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	828,954	1,095,511
Other loans	-	23,571

	828,954	1,119,082

9. Secured Creditors

The finance hire purchase liabilities are secured over the assets concerned.

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Net obligations under finance lease and hire purchase contracts	1,651,437		1,836,328

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Bernard Hunter Mobile Cranes Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	822,483	740,817
Later than one year and not later than five years	828,954	1,095,511

	1,651,437	1,836,328

	1,651,437	1,836,328

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	15,555,400	15,555,400

12. Related Party Transactions

The company operates a loan account with Bernard Hunter Limited, a company controlled by Mr J Rafferty.

During the year, the company purchased goods and services totalling £972,612 (2024 - £919,055) from Bernard Hunter Ltd. This was conducted under normal commercial terms.

During the year, the company advanced loans totalling £790,901 (2024: £683,270) to Bernard Hunter Limited, At the year end, the balance due from Bernard Hunter Limited was £2,510,132 (2024: £1,719,231). This loan is unsecured, interest free and has no fixed repayment terms.

The company operates a loan account with Prosper Management Services Limited, a company controlled by Mr J Rafferty & Mr M Rafferty.

During the year, the company repaid loans totalling £10,495 to Prosper Management Services Limited. At the year end, the balance due to Prosper Management Services Limited was £23,571 (2024: £34,066). This loan is unsecured, interest charged at 6% and is due payable within 12 months.

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