Accounts



















	J L COX (CRANES) LIMITED



	UNAUDITED FINANCIAL STATEMENTS


	FOR THE YEAR ENDED 31 MARCH 2025

	J L COX (CRANES) LIMITED
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025


	DIRECTORS

	J M Cox
	J S Cox


	SECRETARY

	J M Cox

	REGISTERED OFFICE

	78 Birmingham Street Oldbury West Midlands B69 4EB


	COMPANY REGISTERED NUMBER

	02371468


	BANKERS

	National Westminster Bank Plc 309 High Street West Bromwich B70 8LX


	ACCOUNTANTS

	Lyness Accountancy Practice Limited
	Chartered Certified Accountants
	78 Birmingham Street Oldbury West Midlands B69 4EB

	page 1

	J L COX (CRANES) LIMITED
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025


	CONTENTS

	Pages


	3-4	Statement of Financial Position


	5-8	Notes to the Financial Statements

	page 2

J L COX (CRANES) LIMITED
Company registered number: 02371468
STATEMENT OF FINANCIAL POSITION AT 31 March 2025

	Note	2025		2024
		£	£	£
FIXED ASSETS
Property, plant and equipment	3		1,369,480	1,441,618
Investment property	4		3,750	3,750
			1,373,230	1,445,368
CURRENT ASSETS
Debtors	5	133,802		98,570
Cash at bank and in hand		1,789,606		1,511,586
		1,923,408		1,610,156
CREDITORS: Amounts falling due within one year	6	307,897		193,678
NET CURRENT ASSETS			1,615,511	1,416,478
TOTAL ASSETS LESS CURRENT LIABILITIES			2,988,741	2,861,846

CREDITORS: Amounts falling due after more than one year	7		(158,075)	(110,195)

PROVISIONS FOR LIABILITIES			(265,589)	(253,601)
NET ASSETS			£2,565,077	£2,498,050

CAPITAL AND RESERVES
Called up share capital			100	100
Retained earnings			2,564,977	2,497,950
SHAREHOLDERS' FUNDS			£2,565,077	£2,498,050

	The notes on pages 5-8 form part of these financial statements

	page 3

J L COX (CRANES) LIMITED
Company registered number: 02371468
STATEMENT OF FINANCIAL POSITION AT 31 March 2025 (CONT.)

	Note	2025		2024
		£	£	£



	In approving these financial statements as directors of the company we hereby confirm the following:

	For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

	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 directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.


	These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies

	In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

	The financial statements were approved and authorised for issue by the board of directors on 23 December 2025

	Signed on behalf of the board of directors



	J M Cox, Director

	The notes on pages 5-8 form part of these financial statements

	page 4

	J L COX (CRANES) LIMITED
	NOTES TO THE ACCOUNTS
	FOR THE YEAR ENDED 31 MARCH 2025



1.	SIGNIFICANT ACCOUNTING POLICIES


1a.	Statement of compliance

	J L Cox (Cranes) Limited, company number 02371468, is a private limited company incorporated in England & Wales.

	Registered office:
	78 Birmingham Street Oldbury West Midlands B69 4EB

1b.	Basis of accounting

	These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
	The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.


1c.	Revenue recognition

	Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.


1d.	Borrowing costs

	Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.


1e.	Taxation

	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 temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary 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. The measurement of deferred tax liabilities and assets reflects 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 relate 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.

	The notes on pages 5-8 form part of these financial statements

	page 5

	J L COX (CRANES) LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2025



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1f.	Investment property

	Investment properties are initially recognised at cost, properties whose fair value can be measured reliably are subsequently measured at fair value. The surplus or deficit on revaluation is recognised in the profit and loss account accumulated in the profit and loss reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year.


1g.	Property, plant and equipment

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

	Plant and machinery	Reducing balance 15%
	Vehicles	Reducing balance 25%
	Fixtures and fittings	Reducing balance 15%
	Equipment	Reducing balance 15%


1h.	Inventories

	Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.


1i.	Short term debtors and creditors

	Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.


1j.	Leased assets

	Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the Company are capitalised in the balance sheet and are depreciated over the shorter of the lease term and the asset's useful life. A corresponding liability is recognised for the lower of the fair value of the leased asset and the present value of the minimum lease payments in the balance sheet. Lease payments are apportioned between the reduction of the lease liability and finance charges in the income statement so as to achieve a constant rate of interest on the remaining balance of the liability. Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term. Lease incentives are recognised over the lease term on a straight line basis.



2.	DIRECTORS

		2025	2024
		£	£
	The average weekly number of directors during the year were as follows:
		2025	2024
		No.	No.
	Directors	2	2

	The notes on pages 5-8 form part of these financial statements

	page 6

	J L COX (CRANES) LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2025


3.	PROPERTY, PLANT AND EQUIPMENT
		Plant &
		Machinery	Total
		£	£
	Cost

	At 1 April 2024	4,226,853	4,226,853
	Additions other than through business combinations	345,823	345,823

	Disposals	(152,000)	(152,000)
	At 31 March 2025	4,420,676	4,420,676

	Depreciation

	At 1 April 2024	2,785,235	2,785,235
	Disposals	(118,189)	(118,189)
	For the year	384,150	384,150
	At 31 March 2025	3,051,196	3,051,196

	Net Book Amounts

	At 31 March 2025	1,369,480	1,369,480
	At 31 March 2024	1,441,618	1,441,618



	Investment Properties

			Total
			£
	Fair value at 1 April 2024		3,750
	Acquisitions through business combinations
	Fair value at 31 March 2025		3,750



5.	DEBTORS	2025	2024
		£	£
	Trade debtors	89,698	78,570
	Other debtors	44,104	20,000
		£133,802	£98,570

	The notes on pages 5-8 form part of these financial statements

	page 7

	J L COX (CRANES) LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2025



6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£
	Trade creditors	146,371	110,536
	Corporation tax	105,216	48,963
	Other taxes and social security	56,041	33,908
	Other creditors	269	271
		£307,897	£193,678



7.	CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
		2025	2024
		£	£
	Amounts owed to undertakings in which the company has a participating interest	158,075	110,195
		£158,075	£110,195

	The notes on pages 5-8 form part of these financial statements

	page 8