Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 false 2024-05-01 false true 3 3 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00581483 2024-05-01 2025-04-30 00581483 2023-05-01 2024-04-30 00581483 2025-04-30 00581483 2024-04-30 00581483 c:CompanySecretary1 2024-05-01 2025-04-30 00581483 c:Director1 2024-05-01 2025-04-30 00581483 c:Director1 2025-04-30 00581483 c:Director4 2024-05-01 2025-04-30 00581483 c:RegisteredOffice 2024-05-01 2025-04-30 00581483 d:Buildings 2024-05-01 2025-04-30 00581483 d:Buildings 2025-04-30 00581483 d:Buildings 2024-04-30 00581483 d:Buildings d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 00581483 d:Buildings d:LongLeaseholdAssets 2024-05-01 2025-04-30 00581483 d:LandBuildings 2025-04-30 00581483 d:LandBuildings 2024-04-30 00581483 d:PlantMachinery 2024-05-01 2025-04-30 00581483 d:PlantMachinery 2025-04-30 00581483 d:PlantMachinery 2024-04-30 00581483 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 00581483 d:MotorVehicles 2024-05-01 2025-04-30 00581483 d:MotorVehicles 2025-04-30 00581483 d:MotorVehicles 2024-04-30 00581483 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 00581483 d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 00581483 d:CurrentFinancialInstruments 2025-04-30 00581483 d:CurrentFinancialInstruments 2024-04-30 00581483 d:Non-currentFinancialInstruments 2025-04-30 00581483 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 00581483 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 00581483 d:ShareCapital 2025-04-30 00581483 d:ShareCapital 2024-04-30 00581483 d:SharePremium 2025-04-30 00581483 d:SharePremium 2024-04-30 00581483 d:CapitalRedemptionReserve 2025-04-30 00581483 d:CapitalRedemptionReserve 2024-04-30 00581483 d:RetainedEarningsAccumulatedLosses 2025-04-30 00581483 d:RetainedEarningsAccumulatedLosses 2024-04-30 00581483 c:FRS102 2024-05-01 2025-04-30 00581483 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 00581483 c:FullAccounts 2024-05-01 2025-04-30 00581483 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 00581483 d:TaxLossesCarry-forwardsDeferredTax 2025-04-30 00581483 d:TaxLossesCarry-forwardsDeferredTax 2024-04-30 00581483 2 2024-05-01 2025-04-30 00581483 6 2024-05-01 2025-04-30 00581483 e:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 00581483 G.W. CRANE LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 APRIL 2025
G.W. CRANE LIMITED
COMPANY INFORMATION
Directors | Mr G Bean (appointed 22 January 2025)
| Mrs M Bean
Company secretary | Mrs M Bean
Registered number | 00581483
Registered office | Keepers Cottage
| Oxnead
| Norwich
| Norfolk
| NR10 5HP
Accountants | Larking Gowen LLP
| Chartered Accountants
| 80 Grove Lane
| Holt
| Norfolk
| NR25 6ED
G.W. CRANE LIMITED REGISTERED NUMBER:00581483
STATEMENT OF FINANCIAL POSITION AS AT 30 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 1,788,425 |  | 1,810,063
Investments | 5 |  | 51 |  | 51
|  |  | 1,788,476 |  | 1,810,114
Current assets |  |  |  |  |
Stocks | 6 | 96,199 |  | 105,096 |
Debtors | 7 | 28,923 |  | 17,269 |
Cash at bank and in hand |  | 290,825 |  | 252,756 |
|  | 415,947 |  | 375,121 |
Creditors: amounts falling due within one year | 8 | (61,711) |  | (56,000) |
Net current assets |  |  | 354,236 |  | 319,121
Total assets less current liabilities |  |  | 2,142,712 |  | 2,129,235
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 | (14,700) |  | (24,958) |
|  |  | (14,700) |  | (24,958)
Net assets |  |  | 2,128,012 |  | 2,104,277
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 8,000 |  | 8,000
Share premium account |  |  | 1,250 |  | 1,250
Capital redemption reserve |  |  | 4,500 |  | 4,500
Profit and loss account |  |  | 2,114,262 |  | 2,090,527
|  |  | 2,128,012 |  | 2,104,277
Page 1
G.W. CRANE LIMITED REGISTERED NUMBER:00581483
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 30 APRIL 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
................................................ Mrs M Bean | ................................................ Mr G Bean
Director | Director
Date: 26 January 2026 | Date:26 January 2026
The notes on pages 3 to 9 form part of these financial statements. Page 2
G.W. CRANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. | General information
G W Crane Limited is a private company limited by shares and incorporated in England and Wales, registration number 00581483. The registered office is Keepers Cottage, Oxnead, Norwich, Norfolk, NR10 5HP. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
| 2.2 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Sale of goods Turnover from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 3
G.W. CRANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.3 | Government grants
Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Income statement in the same period as the related expenditure.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.
| 2.6 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date. Page 4
G.W. CRANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.7 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
| 2.8 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Land and buildings leasehold | - | 10% reducing balance
|  |  |  | Plant & machinery | - | 20% reducing balance
|  |  |  | Motor vehicles | - | 20% reducing balance
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.9 | Valuation of investments
Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Income statement for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.10 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss. Page 5
G.W. CRANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.11 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.12 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.13 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.14 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.15 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
Page 6
G.W. CRANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
4. | Tangible fixed assets
|  | Freehold property | Plant & machinery | Motor vehicles | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 May 2024 | 1,890,844 | 421,947 | 44,849 | 2,357,640
| Additions | - | 2,641 | - | 2,641
| Disposals | - | (3,485) | (9,600) | (13,085)
| At 30 April 2025 | 1,890,844 | 421,103 | 35,249 | 2,347,196
| Depreciation |  |  |  |
| At 1 May 2024 | 156,609 | 364,824 | 26,144 | 547,577
| Charge for the year on owned assets | 7,173 | 11,808 | 3,536 | 22,517
| Disposals | - | (2,754) | (8,569) | (11,323)
| At 30 April 2025 | 163,782 | 373,878 | 21,111 | 558,771
| Net book value |  |  |  |
| At 30 April 2025 | 1,727,062 | 47,225 | 14,138 | 1,788,425
| At 30 April 2024 | 1,734,235 | 57,123 | 18,705 | 1,810,063
| The net book value of land and buildings may be further analysed as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Freehold | 1,727,062 | 1,734,235
|  | 1,727,062 | 1,734,235
Page 7
G.W. CRANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
5. | Fixed asset investments
|  | Unlisted investments
|  | £
| Cost or valuation |
| At 1 May 2024 | 51
| At 30 April 2025 | 51
6. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Finished goods and goods for resale | 96,199 | 105,096
|  | 96,199 | 105,096
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 9,964 | 6,691
| Other debtors | 3,981 | 6,924
| Prepayments and accrued income | 14,978 | 3,654
|  | 28,923 | 17,269
Page 8
G.W. CRANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 10,467 | 17,228
| Corporation tax | 8,471 | 5,473
| Other taxation and social security | 1,489 | 3,237
| Other creditors | 18,834 | 14,185
| Accruals and deferred income | 22,450 | 15,877
|  | 61,711 | 56,000
9. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (24,958)
| Charged to profit or loss | 10,258
| At end of year | (14,700)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Tax losses carried forward | (14,700) | (24,958)
|  | (14,700) | (24,958)
10. | Related party transactions
| Included in other creditors is £14,000 (2024 - £14,185) of loans from the directors.
Page 9