Crane Bank Limited
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Notes to the Accounts |
for the year ended 31 August 2021
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
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Group accounts |
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The company as a small company is exempt from the obligation to prepare group accounts. Consequently these accounts present information about the company as an individual undertaking and not as a group. |
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2 |
Employees |
2021 |
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2020 |
Number |
Number |
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Average number of persons employed by the company |
4 |
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4 |
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3 |
Investments |
Investments in |
subsidiary |
undertakings |
£ |
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Cost |
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At 1 September 2020 |
451,400 |
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At 31 August 2021 |
451,400 |
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4 |
Controlling party |
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The company is controlled by two of its directors, J Brookes and P Calvert.
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5 |
Other information |
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Crane Bank Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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Chesil |
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Queens Park Road |
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Chester |
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CH4 7AD |