ACCOUNTS - Final Accounts preparation

Registered number: 01862550

THE COLES CRANES GROUP LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

THE COLES CRANES GROUP LIMITED

REGISTERED NUMBER: 01862550

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		4,071,160		2,998,142
			4,071,160		2,998,142
Current assets
Cash at bank and in hand		30,131		66,240
		30,131		66,240
Creditors: amounts falling due within one year	5	(3,000)		(4,000)
Net current assets			27,131		62,240
Total assets less current liabilities			4,098,291		3,060,382

Net assets			4,098,291		3,060,382

Capital and reserves
Called up share capital	2,000	2,000
Profit and loss account	4,096,291	3,058,382
	4,098,291	3,060,382

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 statement of comprehensive income 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 Ann Hornung

Director

Page 1

THE COLES CRANES GROUP LIMITED

REGISTERED NUMBER: 01862550

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

Date: 7 May 2026

The notes on pages 3 to 5 form part of these financial statements.

Page 2

THE COLES CRANES GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

The Coles Cranes Group Limited is a Company limited by shares incorporated in England and Wales, registration number 01862550. The registered office is 1 Claydon Business Park, Great Blakenham, Ipswich, Suffolk, IP6 0NL.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The financial statements are presented in Sterling (£) and rounded to the nearest £.

The following principal accounting policies have been applied:

2.2

Going concern

The Directors have considered the Company’s position at the time of signing the financial statements and the current financial strength of the Company, together with the low level of overheads.

Based on this, the Directors have concluded that they have a reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future. Therefore, they continue to adopt the going concern basis of accounting in preparing these financial statements.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

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.

2.5

Valuation of investments

Investments in listed company shares are remeasured to market value at each Statement of financial position date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income.

Page 3

THE COLES CRANES GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Foreign Currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the statement of financial position date.

Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.

Exchange gains and losses are recognised in the Statement of comprehensive income.

2.7

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.

2.8

Creditors

Short-term creditors are measured at the transaction price.

2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assests and liabilities like the other creditors and loans to related parties.

Investments in non-puttable ordinary shares are measured at fair value with changes recognised in the Statement of comprehensive income if the shares are publicly traded or their fair value can otherwise be measured fairly.

2.10

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.

Page 4

THE COLES CRANES GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).

4.	Fixed asset investments

		Listed investments
		£
	Cost or valuation
	At 1 April 2024	2,998,142
	Foreign exchange movement	(211,899)
	Revaluations	1,284,917
	At 31 March 2025	4,071,160

The historical cost of the listed investment is £961,134 (2024: £961,134).

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Accruals and deferred income	3,000	4,000
	3,000	4,000

6.	Related party transactions
	During the year consultancy fees of £7,500 (2024: £7,500) were paid to a director. During the year expenses of £5,985 (2024: £nil) were paid to a director.

Page 5