CROSSIER PROPERTIES LIMITED

Company Registration Number:
02787759 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

CROSSIER PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

CROSSIER PROPERTIES LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 8,534 11,379
Tangible assets: 4 3,840 4,517
Investments: 5 13,535,000 13,535,000
Total fixed assets: 13,547,374 13,550,896
Current assets
Stocks: 3,199,473 2,789,118
Debtors: 6 1,431,673 1,689,931
Cash at bank and in hand: 38,477 421,533
Total current assets: 4,669,623 4,900,582
Creditors: amounts falling due within one year:   (781,040) (919,116)
Net current assets (liabilities): 3,888,583 3,981,466
Total assets less current liabilities: 17,435,957 17,532,362
Creditors: amounts falling due after more than one year:   (10,140,481) (9,910,650)
Total net assets (liabilities): 7,295,476 7,621,712
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:76,954,9356,954,935
Profit and loss account: 340,441 666,677
Shareholders funds: 7,295,476 7,621,712

The notes form part of these financial statements

CROSSIER PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 March 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 07 August 2023
and signed on behalf of the board by:

Name: Sohail Sarbuland
Status: Director

The notes form part of these financial statements

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Intangible Assets

Total
Cost £
At 01 April 2022 73,923
At 31 March 2023 73,923
Amortisation
At 01 April 2022 62,544
Charge for year 2,845
At 31 March 2023 65,389
Net book value
At 31 March 2023 8,534
At 31 March 2022 11,379

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 6,643
At 31 March 2023 6,643
Depreciation
At 01 April 2022 2,126
Charge for year 677
At 31 March 2023 2,803
Net book value
At 31 March 2023 3,840
At 31 March 2022 4,517

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Fixed investments

Investment properties held at fair value

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Debtors

2023 2022
££
Debtors due after more than one year: 1,431,673 1,689,931

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7. Revaluation reserve

2023
£
Balance at 01 April 2022 6,954,935
Surplus or deficit after revaluation 0
Balance at 31 March 2023 6,954,935