Registered Number 04761922
CRANE AID SERVICE COMPANY LIMITED
Abbreviated Accounts
31 March 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Provisions for liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant & Machinery - 15% Straight Line
Fixtures,Fittings and Equipment - 25% Straight Line
Motor Vehicles - 25% Straight Line
Other accounting policies
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Stock and Work in Progress
Stock and work in progress are valued at the lower of cost and net realisable value.
Deferred Taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts.Deferred tax is provided in full on timing differences which result in an obligation to pay more ,or less,tax at a future date,at the average tax rates that are expected to apply when the timing differences reverse,based on current tax rates and laws.Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.Deferred tax assets and liabilities are not discounted.
£ | |
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Cost | |
At 1 April 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2015 |
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Depreciation | |
At 1 April 2014 |
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Charge for the year |
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On disposals |
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At 31 March 2015 |
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Net book values | |
At 31 March 2015 | 83,181 |
At 31 March 2014 | 93,950 |
4 Transactions with directors
Name of director receiving advance or credit: |
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Description of the transaction: |
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Balance at 1 April 2014: | £ |
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Advances or credits made: | £ |
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Advances or credits repaid: | £ |
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Balance at 31 March 2015: | £ |