D. M. Cranes Ltd. 10382732 false 2024-10-01 2025-09-30 2025-09-30 The principal activity of the company is Crane hire Digita Accounts Production Advanced 6.30.9574.0 true true 10382732 2024-10-01 2025-09-30 10382732 2025-09-30 10382732 core:RetainedEarningsAccumulatedLosses 2025-09-30 10382732 core:ShareCapital 2025-09-30 10382732 core:HirePurchaseContracts core:CurrentFinancialInstruments 2025-09-30 10382732 core:CurrentFinancialInstruments 2025-09-30 10382732 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 10382732 core:Non-currentFinancialInstruments core:AfterOneYear 2025-09-30 10382732 core:Goodwill 2025-09-30 10382732 core:FurnitureFittingsToolsEquipment 2025-09-30 10382732 core:LandBuildings 2025-09-30 10382732 core:MotorVehicles 2025-09-30 10382732 bus:SmallEntities 2024-10-01 2025-09-30 10382732 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 10382732 bus:FullAccounts 2024-10-01 2025-09-30 10382732 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 10382732 bus:RegisteredOffice 2024-10-01 2025-09-30 10382732 bus:Director1 2024-10-01 2025-09-30 10382732 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 10382732 core:Goodwill 2024-10-01 2025-09-30 10382732 core:ComputerEquipment 2024-10-01 2025-09-30 10382732 core:FurnitureFittings 2024-10-01 2025-09-30 10382732 core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 10382732 core:LandBuildings 2024-10-01 2025-09-30 10382732 core:LeaseholdImprovements 2024-10-01 2025-09-30 10382732 core:MotorVehicles 2024-10-01 2025-09-30 10382732 core:PlantMachinery 2024-10-01 2025-09-30 10382732 countries:EnglandWales 2024-10-01 2025-09-30 10382732 2024-09-30 10382732 core:Goodwill 2024-09-30 10382732 core:FurnitureFittingsToolsEquipment 2024-09-30 10382732 core:LandBuildings 2024-09-30 10382732 core:MotorVehicles 2024-09-30 10382732 2023-10-01 2024-09-30 10382732 2024-09-30 10382732 core:RetainedEarningsAccumulatedLosses 2024-09-30 10382732 core:ShareCapital 2024-09-30 10382732 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-09-30 10382732 core:CurrentFinancialInstruments 2024-09-30 10382732 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 10382732 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 10382732 core:Goodwill 2024-09-30 10382732 core:FurnitureFittingsToolsEquipment 2024-09-30 10382732 core:LandBuildings 2024-09-30 10382732 core:MotorVehicles 2024-09-30 iso4217:GBP xbrli:pure

Registration number: 10382732

D. M. Cranes Ltd.
Annual Report and Unaudited Financial Statements
for the Year Ended 30 September 2025

D. M. Cranes Ltd.

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 7

D. M. Cranes Ltd.

(Registration number: 10382732)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 10,750 | 21,125
Tangible assets | 5 | 9,756,478 | 7,400,372
|  | 9,767,228 | 7,421,497
Current assets |  |  |
Stocks | 6 | 23,141 | 22,765
Debtors | 7 | 1,951,732 | 2,526,191
Cash at bank and in hand |  | 263,912 | 416,227
|  | 2,238,785 | 2,965,183
Creditors: Amounts falling due within one year | 8 | (3,381,021) | (2,268,235)
Net current (liabilities)/assets |  | (1,142,236) | 696,948
Total assets less current liabilities |  | 8,624,992 | 8,118,445
Creditors: Amounts falling due after more than one year | 8 | (2,553,572) | (2,613,980)
Provisions for liabilities |  | (1,632,158) | (1,436,929)
Net assets |  | 4,439,262 | 4,067,536
Capital and reserves |  |  |
Called up share capital |  | 4 | 4
Retained earnings |  | 4,439,258 | 4,067,532
Shareholders' funds |  | 4,439,262 | 4,067,536

For the financial year ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 11 March 2026 and signed on its behalf by:

......................................... Mr L Romagnuolo Director

D. M. Cranes Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Shire House
Gowdall Lane
Pollington
Goole
DN14 0AU
United Kingdom

These financial statements were authorised for issue by the Board on 11 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Government grants

Government grants which become receivable as compensation for expenses or losses already incurred, or for the purpose of giving immediate financial support to the entity with no future related costs, are recognised as income in the period in which they become receivable.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

D. M. Cranes Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Short leasehold land and buildings | 10% Straight Line
Freehold property | 10% Straight Line
Plant and machinery | 10% Straight Line
Fixtures and fittings | 25% Straight Line
Motor vehicles | 25% Straight Line
Office equipment | 25% Straight Line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the Company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 10% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

D. M. Cranes Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

D. M. Cranes Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 32 (2024 - 30).

D. M. Cranes Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 October 2024 | 103,750 | 103,750
At 30 September 2025 | 103,750 | 103,750
Amortisation
At 1 October 2024 | 82,625 | 82,625
Amortisation charge | 10,375 | 10,375
At 30 September 2025 | 93,000 | 93,000
Carrying amount
At 30 September 2025 | 10,750 | 10,750
At 30 September 2024 | 21,125 | 21,125

5 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 October 2024 | 114,709 | 8,557,266 | 637,510 | 9,309,485
Additions | - | 4,336,858 | 210,036 | 4,546,894
Disposals | - | (1,578,214) | (27,942) | (1,606,156)
At 30 September 2025 | 114,709 | 11,315,910 | 819,604 | 12,250,223
Depreciation
At 1 October 2024 | 16,288 | 1,614,149 | 278,676 | 1,909,113
Charge for the year | 11,541 | 944,501 | 173,273 | 1,129,315
Eliminated on disposal | - | (519,052) | (25,631) | (544,683)
At 30 September 2025 | 27,829 | 2,039,598 | 426,318 | 2,493,745
Carrying amount
At 30 September 2025 | 86,880 | 9,276,312 | 393,286 | 9,756,478
At 30 September 2024 | 98,421 | 6,943,117 | 358,834 | 7,400,372

Included within the net book value of land and buildings above is £36,898 (2024 - £41,289) in respect of freehold land and buildings and £49,982 (2024 - £57,132) in respect of short leasehold land and buildings.

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 23,141 | 22,765

D. M. Cranes Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 1,694,425 | 2,127,596
Prepayments | 3,563 | 250,888
Other debtors | 253,744 | 147,707
| 1,951,732 | 2,526,191

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 1,485,454 | 1,289,703
Trade creditors |  | 1,773,353 | 848,813
Taxation and social security |  | 115,043 | 123,681
Accruals and deferred income |  | 4,960 | 4,500
Other creditors |  | 2,211 | 1,538
|  | 3,381,021 | 2,268,235

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 2,553,572 | 2,613,980

9 | Loans and borrowings

| 2025 £ | 2024 £
Non-current loans and borrowings
HP and finance lease liability 1 (1-2 yrs) | 2,553,572 | 2,613,980

| 2025 £ | 2024 £
Current loans and borrowings
Hire purchase contracts | 1,411,548 | 1,187,197
Other borrowings | 73,906 | 102,506
| 1,485,454 | 1,289,703

The hire purchase contracts recognised within the financial statements have been secured by the assets that they are relating to.

10 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £48,400 (2024 - £72,600). The nature of the financial commitment is in relation to a Property rental lease commitment for the premises.