Tonhout Crane Hire Limited - Accounts to registrar - small 17.2

Tonhout Crane Hire Limited - Accounts to registrar - small 17.2


IRIS Accounts Productionv17.2.1.5200718446Board of DirectorsBoard of Directors1.4.1631.3.1731.3.17falsetruefalsefalsetruefalseOrdinary1.00000iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure007184462016-03-31007184462017-03-31007184462016-04-012017-03-31007184462015-03-31007184462015-04-012016-03-31007184462016-03-3100718446ns15:EnglandWales2016-04-012017-03-3100718446ns14:PoundSterling2016-04-012017-03-3100718446ns10:Director12016-04-012017-03-3100718446ns10:Director22016-04-012017-03-3100718446ns10:PrivateLimitedCompanyLtd2016-04-012017-03-3100718446ns10:SmallEntities2016-04-012017-03-3100718446ns10:AuditExemptWithAccountantsReport2016-04-012017-03-3100718446ns10:SmallCompaniesRegimeForDirectorsReport2016-04-012017-03-3100718446ns10:SmallCompaniesRegimeForAccounts2016-04-012017-03-3100718446ns10:AbridgedAccounts2016-04-012017-03-3100718446ns10:OrdinaryShareClass12016-04-012017-03-3100718446ns10:Director32016-04-012017-03-3100718446ns10:Director42016-04-012017-03-3100718446ns10:Director52016-04-012017-03-3100718446ns10:RegisteredOffice2016-04-012017-03-3100718446ns5:CurrentFinancialInstruments2017-03-3100718446ns5:CurrentFinancialInstruments2016-03-3100718446ns5:Non-currentFinancialInstruments2017-03-3100718446ns5:Non-currentFinancialInstruments2016-03-3100718446ns5:ShareCapital2017-03-3100718446ns5:ShareCapital2016-03-3100718446ns5:RevaluationReserve2017-03-3100718446ns5:RevaluationReserve2016-03-3100718446ns5:RetainedEarningsAccumulatedLosses2017-03-3100718446ns5:RetainedEarningsAccumulatedLosses2016-03-3100718446ns5:LandBuildings2016-04-012017-03-3100718446ns5:PlantMachinery2016-04-012017-03-3100718446ns10:OrdinaryShareClass12017-03-3100718446ns5:RetainedEarningsAccumulatedLosses2016-03-3100718446ns5:RevaluationReserve2016-03-3100718446ns5:RetainedEarningsAccumulatedLosses2016-04-012017-03-31


REGISTERED NUMBER: 00718446(England and Wales)












Abridged Unaudited Financial Statements

for the Year Ended 31 March 2017

for

TONHOUT CRANE HIRE LIMITED

TONHOUT CRANE HIRE LIMITED (REGISTERED NUMBER: 00718446)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

TONHOUT CRANE HIRE LIMITED

Company Information
for the Year Ended 31 March 2017







DIRECTORS: M Tierney
Mrs M Tierney
B Tierney
Mrs P McGinn
M Tierney





REGISTERED OFFICE: 337 Bath Road
Slough
Berkshire
SL1 5PR





BUSINESS ADDRESS: 32 Burrowfield
Welwyn Garden City
Hertfordshire
AL7 4SR





REGISTERED NUMBER: 00718446(England and Wales)





ACCOUNTANTS: Masons
337 Bath Road
Slough
Berkshire
SL1 5PR

TONHOUT CRANE HIRE LIMITED (REGISTERED NUMBER: 00718446)

Abridged Balance Sheet
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,666,912 1,685,982

CURRENT ASSETS
Debtors 327,877 175,018
Cash at bank and in hand 144,227 208,627
472,104 383,645
CREDITORS
Amounts falling due within one year 344,638 294,976
NET CURRENT ASSETS 127,466 88,669
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,794,378

1,774,651

CREDITORS
Amounts falling due after more than one
year

(901,557

)

(967,562

)

PROVISIONS FOR LIABILITIES (137,599 ) (151,375 )
NET ASSETS 755,222 655,714

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Revaluation reserve 8 212,059 219,634
Retained earnings 8 542,163 435,080
SHAREHOLDERS' FUNDS 755,222 655,714

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

TONHOUT CRANE HIRE LIMITED (REGISTERED NUMBER: 00718446)

Abridged Balance Sheet - continued
31 March 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 20 November 2017and were signed on
its behalf by:




M Tierney- Director



Mrs M Tierney- Director


TONHOUT CRANE HIRE LIMITED (REGISTERED NUMBER: 00718446)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

Tonhout Crane Hire Limited is a private company, limited by shares, registered in England and
Wales. The company's registered number and registered office address can be found on the Company
Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - Straight line over 40 years
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and 10% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

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.

TONHOUT CRANE HIRE LIMITED (REGISTERED NUMBER: 00718446)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held
under finance leases are depreciated over their estimated useful lives or the lease term, whichever is
the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The
capital element of the future payments is treated as a liability.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9.

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2016 2,180,191
Additions 236,831
At 31 March 2017 2,417,022
DEPRECIATION
At 1 April 2016 494,209
Charge for year 255,901
At 31 March 2017 750,110
NET BOOK VALUE
At 31 March 2017 1,666,912
At 31 March 2016 1,685,982

TONHOUT CRANE HIRE LIMITED (REGISTERED NUMBER: 00718446)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 April 2016 1,445,780
Additions 236,831
At 31 March 2017 1,682,611
DEPRECIATION
At 1 April 2016 184,578
Charge for year 224,016
At 31 March 2017 408,594
NET BOOK VALUE
At 31 March 2017 1,274,017
At 31 March 2016 1,261,202

6. SECURED DEBTS

The following secured debts are included within creditors:

31.3.17 31.3.16
£    £   
Hire purchase contracts 1,131,097 1,152,579

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.17 31.3.16
value: £    £   
1,000 Ordinary £1 1,000 1,000

TONHOUT CRANE HIRE LIMITED (REGISTERED NUMBER: 00718446)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

8. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2016 435,080 219,634 654,714
Profit for the year 99,508 99,508
Depreciation 9,468 (9,468 ) -
Deferred tax (1,893 ) 1,893 -
At 31 March 2017 542,163 212,059 754,222

9. CONTINGENT LIABILITIES

The company has given a cross guarantee with other group members, M & M Mobile Crane Hire
Limited and M & M Crane Hire Limited over all all the assets of the respective company's.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the board of directors.

Control is as a result of direct and indirect control of 100 per cent of the issued ordinary share capital
of the ultimate parent company.

11. FIRST YEAR ADOPTION

Transitional relief
On transition to FRS 102, the company has taken advantage of the following transitional relief:

to use a previous GAAP revaluation as deemed cost on an item of property, plant and equipment.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Tonhout Crane Hire Limited

The following reproduces the text of the report prepared for the directors and members in respect of
the company's annual unaudited financial statements. In accordance with the Companies Act 2006,
the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged
Statement of Comprehensive Income and certain other primary statements and the Report of the
Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of Tonhout Crane Hire Limited for the year ended 31 March 2017 which
comprise the Abridged Statement of Comprehensive Income, Abridged Balance Sheet, and the related notes
from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Tonhout Crane Hire Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tonhout Crane Hire Limited and state those matters that we have agreed to state to the Board of Directors of Tonhout Crane Hire Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Tonhout Crane Hire Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tonhout Crane Hire Limited. You consider that Tonhout Crane Hire Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tonhout Crane Hire Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Masons
337 Bath Road
Slough
Berkshire
SL1 5PR


20 November 2017