R J Crane Hire Limited - Filleted accounts

Registered number

02069295

R J Crane Hire Limited

Filleted Accounts

31 March 2025

R J Crane Hire Limited
Registered number:		02069295
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		673,891			1,080,911

Current assets
Debtors	4	2,192,148			2,178,058
Cash at bank and in hand		199,491			246,304
		2,391,639			2,424,362

Creditors: amounts falling due within one year	5	(730,933)			(960,897)

Net current assets			1,660,706			1,463,465

Total assets less current liabilities			2,334,597			2,544,376

Creditors: amounts falling due after more than one year	6		(384,957)			(641,265)

Provisions for liabilities			(160,000)			(270,228)


Net assets			1,789,640			1,632,883

Capital and reserves
Called up share capital			10,000			10,000
Share premium			10,000			10,000
Profit and loss account			1,769,640			1,612,883

Shareholders' funds			1,789,640			1,632,883

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




S Rhodes
Director
Approved by the board on 6 November 2025

R J Crane Hire Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 hire of equipment charged as provided to customers.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Leasehold land and buildings			10% reducing balance
	Plant and machinery			15% reducing balance
	Fixtures, fittings, tools and equipment			25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					7		7


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	53,310		2,230,959		69,366		2,353,635
	Additions	-		-		33,495		33,495
	Disposals	-		(427,712)		-		(427,712)
	At 31 March 2025	53,310		1,803,247		102,861		1,959,418

	Depreciation
	At 1 April 2024	53,310		1,157,285		62,129		1,272,724
	Charge for the year	-		161,044		10,183		171,227
	On disposals	-		(158,424)		-		(158,424)
	At 31 March 2025	53,310		1,159,905		72,312		1,285,527

	Net book value
	At 31 March 2025	-		643,342		30,549		673,891
	At 31 March 2024	-		1,073,674		7,237		1,080,911


4	Debtors					2025		2024
£							£

	Trade debtors					438,387		762,588
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					1,409,312		774,312
	Other debtors					344,449		641,158
						2,192,148		2,178,058


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					-		50,000
	Obligations under finance lease and hire purchase contracts					281,955		263,463
	Trade creditors					145,492		217,094
	Taxation and social security costs					301,112		427,840
	Other creditors					2,374		2,500
						730,933		960,897


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					62,500		62,500
	Obligations under finance lease and hire purchase contracts					322,457		578,765
						384,957		641,265


7	Loans					2025		2024
£							£
	Creditors include:

	Secured bank loans					62,500		112,500

	The bank loan is secured by a fixed and floating charge over all assets.


8	Controlling party

	The company is a wholly owned subsidiary of Orchestra Asset Holdings Limited of 7 Bell Yard, London WC2A 2JR.


9	Other information

	R J Crane Hire Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Norwich Road
	Lenwade
	Norwich
	Norfolk
	NR9 5SH