Company registration number: 03605896
Annual report and unaudited financial statements
for the year ended 30 September 2023
for
Tricrane Limited
Pages for filing with the Registrar
Company registration number: 03605896
Tricrane Limited
Balance sheet
as at 30 September 2023
2023 2022
£ £ £ £
Current assets
Debtors 617,406 617,406
617,406 617,406
Creditors: amounts falling due within one year
(1,068,448) (1,061,238)
Net current liabilities (451,042) (443,832)
NET LIABILITIES (451,042) (443,832)
Capital and reserves
Called up share capital 1 1
Profit and loss account (451,043) (443,833)
TOTAL EQUITY (451,042) (443,832)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2023.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr H GWYN-JONES, Director
23 June 2026
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Tricrane Limited
Notes to the financial statements
for the year ended 30 September 2023
1 Company information
Tricrane Limited is a private company registered in England and Wales. Its registered number is 03605896. The company is limited by shares. Its registered office is Apartment 1, New Wardour Castle, Tisbury, Salisbury, Wiltshire, SP3 6RH.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Presentation currency
The company’s financial statements are presented in sterling.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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Tricrane Limited
Notes to the financial statements - continued
for the year ended 30 September 2023
2 Accounting policies - continued
Financial instruments
The company has elected to apply the provisions of Section 11 ’Basic Financial Instruments’ and Section 12 ’Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company’s balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
















3 Average number of employees
During the year the average number of employees was Nil (2022 - Nil).
4 Related party transactions
At the year end, there was an amount owing from a fellow subsidiary undertaking of £15,846 (2022 -  £10,000). This amount is unsecured, interest free and repayable on demand. A provision of £10,000  (2022 - £4,154) has been provided against this amount.
5 Guarantees and other financial commitments
During the year the company had given a cross guarantee against a liability of a fellow subsidiary company. The maximum potential liability as at the year end was 2023 £4,075,000 (2022 - £4,075,000)
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Tricrane Limited
Notes to the financial statements - continued
for the year ended 30 September 2023
6 Amended Unaudited Financial Statements
These accounts replace the original accounts filed on 11 August 2023. These accounts are now the statutory accounts of the company and are prepared as they were at the date of the original accounts.
7 Controlling party
The ultimate parent undertaking is Topaz UK Developments Limited.
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