CRABTREE VICKERS 2001 LIMITED

CRABTREE VICKERS 2001 LIMITED - Company Information

2022-06-012023-05-312023-05-31false04216915CRABTREE VICKERS 2001 LIMITED2023-07-27iso4217:GBPxbrli:pure042169152022-06-01042169152023-05-31042169152022-06-012023-05-31042169152021-06-01042169152022-05-31042169152021-06-012022-05-3104216915bus:SmallEntities2022-06-012023-05-3104216915bus:AuditExempt-NoAccountantsReport2022-06-012023-05-3104216915bus:FullAccounts2022-06-012023-05-3104216915bus:PrivateLimitedCompanyLtd2022-06-012023-05-3104216915core:WithinOneYear2023-05-3104216915core:AfterOneYear2023-05-3104216915core:WithinOneYear2022-05-3104216915core:AfterOneYear2022-05-3104216915core:ShareCapital2023-05-3104216915core:SharePremium2023-05-3104216915core:RevaluationReserve2023-05-3104216915core:OtherReservesSubtotal2023-05-3104216915core:RetainedEarningsAccumulatedLosses2023-05-3104216915core:ShareCapital2022-05-3104216915core:SharePremium2022-05-3104216915core:RevaluationReserve2022-05-3104216915core:OtherReservesSubtotal2022-05-3104216915core:RetainedEarningsAccumulatedLosses2022-05-3104216915core:LandBuildings2023-05-3104216915core:PlantMachinery2023-05-3104216915core:Vehicles2023-05-3104216915core:FurnitureFittings2023-05-3104216915core:OfficeEquipment2023-05-3104216915core:NetGoodwill2023-05-3104216915core:IntangibleAssetsOtherThanGoodwill2023-05-3104216915core:ListedExchangeTraded2023-05-3104216915core:UnlistedNon-exchangeTraded2023-05-3104216915core:LandBuildings2022-05-3104216915core:PlantMachinery2022-05-3104216915core:Vehicles2022-05-3104216915core:FurnitureFittings2022-05-3104216915core:OfficeEquipment2022-05-3104216915core:NetGoodwill2022-05-3104216915core:IntangibleAssetsOtherThanGoodwill2022-05-3104216915core:ListedExchangeTraded2022-05-3104216915core:UnlistedNon-exchangeTraded2022-05-3104216915core:LandBuildings2022-06-012023-05-3104216915core:PlantMachinery2022-06-012023-05-3104216915core:Vehicles2022-06-012023-05-3104216915core:FurnitureFittings2022-06-012023-05-3104216915core:OfficeEquipment2022-06-012023-05-3104216915core:NetGoodwill2022-06-012023-05-3104216915core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3104216915core:ListedExchangeTraded2022-06-012023-05-3104216915core:UnlistedNon-exchangeTraded2022-06-012023-05-3104216915core:MoreThanFiveYears2022-06-012023-05-3104216915core:Non-currentFinancialInstruments2023-05-3104216915core:Non-currentFinancialInstruments2022-05-3104216915dpl:CostSales2022-06-012023-05-3104216915dpl:DistributionCosts2022-06-012023-05-3104216915dpl:AdministrativeExpenses2022-06-012023-05-3104216915core:LandBuildings2022-06-012023-05-3104216915core:PlantMachinery2022-06-012023-05-3104216915core:Vehicles2022-06-012023-05-3104216915core:FurnitureFittings2022-06-012023-05-3104216915core:OfficeEquipment2022-06-012023-05-3104216915core:NetGoodwill2022-06-012023-05-3104216915core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3104216915dpl:GroupUndertakings2022-06-012023-05-3104216915dpl:ParticipatingInterests2022-06-012023-05-3104216915dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3104216915core:ListedExchangeTraded2022-06-012023-05-3104216915dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3104216915core:UnlistedNon-exchangeTraded2022-06-012023-05-3104216915dpl:CostSales2021-06-012022-05-3104216915dpl:DistributionCosts2021-06-012022-05-3104216915dpl:AdministrativeExpenses2021-06-012022-05-3104216915core:LandBuildings2021-06-012022-05-3104216915core:PlantMachinery2021-06-012022-05-3104216915core:Vehicles2021-06-012022-05-3104216915core:FurnitureFittings2021-06-012022-05-3104216915core:OfficeEquipment2021-06-012022-05-3104216915core:NetGoodwill2021-06-012022-05-3104216915core:IntangibleAssetsOtherThanGoodwill2021-06-012022-05-3104216915dpl:GroupUndertakings2021-06-012022-05-3104216915dpl:ParticipatingInterests2021-06-012022-05-3104216915dpl:GroupUndertakingscore:ListedExchangeTraded2021-06-012022-05-3104216915core:ListedExchangeTraded2021-06-012022-05-3104216915dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-06-012022-05-3104216915core:UnlistedNon-exchangeTraded2021-06-012022-05-3104216915core:NetGoodwill2023-05-3104216915core:IntangibleAssetsOtherThanGoodwill2023-05-3104216915core:LandBuildings2023-05-3104216915core:PlantMachinery2023-05-3104216915core:Vehicles2023-05-3104216915core:FurnitureFittings2023-05-3104216915core:OfficeEquipment2023-05-3104216915core:AfterOneYear2023-05-3104216915core:WithinOneYear2023-05-3104216915core:ListedExchangeTraded2023-05-3104216915core:UnlistedNon-exchangeTraded2023-05-3104216915core:ShareCapital2023-05-3104216915core:SharePremium2023-05-3104216915core:RevaluationReserve2023-05-3104216915core:OtherReservesSubtotal2023-05-3104216915core:RetainedEarningsAccumulatedLosses2023-05-3104216915core:NetGoodwill2022-05-3104216915core:IntangibleAssetsOtherThanGoodwill2022-05-3104216915core:LandBuildings2022-05-3104216915core:PlantMachinery2022-05-3104216915core:Vehicles2022-05-3104216915core:FurnitureFittings2022-05-3104216915core:OfficeEquipment2022-05-3104216915core:AfterOneYear2022-05-3104216915core:WithinOneYear2022-05-3104216915core:ListedExch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Registered Number
04216915
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2023

CRABTREE VICKERS 2001 LIMITED

Company Information
for the year from 1 June 2022 to 31 May 2023


Directors	MACDONALD, John Terence
	MACDONALD, Nadine


Registered Address	Third Floor
	10 South Parade
	Leeds
	LS1 5QS


Registered Number	04216915 (England and Wales)

CRABTREE VICKERS 2001 LIMITED

Statement of Financial Position
31 May 2023

	Notes	2023		2022
		£	£	£	£
Current assets
Stocks	7	100		100
Debtors	8	23,226		520
Cash at bank and on hand		757		12,363
		24,083		12,983
Creditors amounts falling due within one year	9	(6,913)		(5,456)
Net current assets (liabilities)			17,170		7,527
Total assets less current liabilities			17,170		7,527
Net assets			17,170		7,527
Capital and reserves
Called up share capital			2		2
Profit and loss account			17,168		7,525
Shareholders' funds			17,170		7,527

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 27 July 2023, and are signed on its behalf by:

MACDONALD, Nadine
Director
Registered Company No. 04216915

CRABTREE VICKERS 2001 LIMITED

Notes to the Financial Statements
for the year ended 31 May 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Principal activities
	The principal activity of the company during the year was that of machinery repair.

3.	Basis of measurement used in financial statements
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

4.	Accounting policies

	Functional and presentation currency policy
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services.

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. 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 disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Property, plant and equipment policy

Tangible fixed assets are stated at cost or valuation less depreciation. 

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 disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	4

	Stocks policy
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete the sale. The impairment loss is recognised immediately in the Income Statement

	Taxation policy
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax policy
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax policy

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Valuation of financial instruments policy
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

5.	Employee information


		2023		2022
	Average number of employees during the year	2		2

6.	Property, plant and equipment

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 June 22	1,378	1,378
At 31 May 23	1,378	1,378
Depreciation and impairment
At 01 June 22	1,378	1,378
At 31 May 23	1,378	1,378
Net book value
At 31 May 23	-	-
At 31 May 22	-	-

7.	Stocks

	2023	2022
	£	£
Other stocks	100	100
Total	100	100

8.	Debtors

	2023	2022
	£	£
Trade debtors / trade receivables	22,200	-
Other debtors	1,026	520
Total	23,226	520


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

9.	Creditors within one year

	2023	2022
	£	£
Trade creditors / trade payables	13	-
Taxation and social security	2,731	-
Other creditors	4,169	5,456
Total	6,913	5,456


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

10.	Provisions for liabilities