CROSSTEX ASSOCIATES LTD

Company Registration Number:
12864172 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2022

Period of accounts

Start date: 1 October 2021

End date: 30 September 2022

CROSSTEX ASSOCIATES LTD

Contents of the Financial Statements

for the Period Ended 30 September 2022

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CROSSTEX ASSOCIATES LTD

Profit And Loss Account

for the Period Ended 30 September 2022

2022 13 months to 30 September 2021


£

£
Turnover: 895,155 0
Cost of sales: ( 487,698 ) 0
Gross profit(or loss): 407,457 0
Distribution costs: 0 0
Administrative expenses: ( 228,905 ) ( 240 )
Other operating income: 0 0
Operating profit(or loss): 178,552 (240)
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 1,005 ) 0
Profit(or loss) before tax: 177,547 (240)
Profit(or loss) for the financial year: 177,547 (240)

CROSSTEX ASSOCIATES LTD

Balance sheet

As at 30 September 2022

Notes 2022 13 months to 30 September 2021


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 58,292 0
Investments:   0 0
Total fixed assets: 58,292 0
Current assets
Stocks:   0 0
Debtors: 4 30,892 0
Cash at bank and in hand: 104,108 0
Investments:   0 0
Total current assets: 135,000 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 49,718 ) ( 239 )
Net current assets (liabilities): 85,282 (239)
Total assets less current liabilities: 143,574 ( 239)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 143,574 (239)
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 143,573 (240 )
Total Shareholders' funds: 143,574 (239)

The notes form part of these financial statements

CROSSTEX ASSOCIATES LTD

Balance sheet statements

For the year ending 30 September 2022 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 September 2023
and signed on behalf of the board by:

Name: D. Segal
Status: Director

The notes form part of these financial statements

CROSSTEX ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net sales of goods/services, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Motor vehicles - 25% on reducing balanceOffice equipment - 33.3% on reducing balance

CROSSTEX ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2022

  • 2. Employees

    2022 13 months to 30 September 2021
    Average number of employees during the period 6 0

CROSSTEX ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2021 0 0 0 0 0 0
Additions 0 0 0 5,112 73,179 78,291
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 September 2022 0 0 0 5,112 73,179 78,291
Depreciation
At 1 October 2021 0 0 0 0 0 0
Charge for year 0 0 1,704 18,295 19,999
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 30 September 2022 0 0 0 1,704 18,295 19,999
Net book value
At 30 September 2022 0 0 0 3,408 54,884 58,292
At 30 September 2021 0 0 0 0 0 0

CROSSTEX ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2022

4. Debtors

2022 13 months to 30 September 2021
£ £
Trade debtors 21,274 0
Prepayments and accrued income 0 0
Other debtors 9,618 0
Total 30,892 0

CROSSTEX ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2022

5. Creditors: amounts falling due within one year note

2022 13 months to 30 September 2021
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 10,486 39
Taxation and social security 36,523 0
Accruals and deferred income 0 0
Other creditors 2,709 200
Total 49,718 239