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REGISTERED NUMBER: 13450348 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2022 TO 31 OCTOBER 2023

FOR

CROSSMAN (FROME HOUSE) LTD

CROSSMAN (FROME HOUSE) LTD (REGISTERED NUMBER: 13450348)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2022 TO 31 OCTOBER 2023










Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


CROSSMAN (FROME HOUSE) LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JULY 2022 TO 31 OCTOBER 2023







DIRECTORS: Mr B S Hughes
Mr M J R Halstead





REGISTERED OFFICE: 1B Mile End
London Road
Bath
Somerset
BA1 6PT





REGISTERED NUMBER: 13450348 (England and Wales)





ACCOUNTANTS: JRS Accountants Limited
584 Wellsway
Bath
Somerset
BA2 2UE

CROSSMAN (FROME HOUSE) LTD (REGISTERED NUMBER: 13450348)

REPORT OF THE DIRECTORS
FOR THE PERIOD 1 JULY 2022 TO 31 OCTOBER 2023


The directors present their report with the financial statements of the company for the period 1 July 2022 to 31 October 2023.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 July 2022 to the date of this report.

Mr B S Hughes
Mr M J R Halstead

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr B S Hughes - Director


18 January 2024

CROSSMAN (FROME HOUSE) LTD (REGISTERED NUMBER: 13450348)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 4 20,000 971,329
Debtors 5 15,468 2,377
Cash at bank 1,408,387 6,258
1,443,855 979,964
CREDITORS
Amounts falling due within one year 6 (745,347 ) (409,925 )
NET CURRENT ASSETS 698,508 570,039
TOTAL ASSETS LESS CURRENT
LIABILITIES

698,508

570,039

CREDITORS
Amounts falling due after more than one
year

7

-

(577,500

)
NET ASSETS/(LIABILITIES) 698,508 (7,461 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 698,408 (7,561 )
698,508 (7,461 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2023 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.

CROSSMAN (FROME HOUSE) LTD (REGISTERED NUMBER: 13450348)

BALANCE SHEET - continued
31 OCTOBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 18 January 2024 and were signed on its behalf by:





Mr B S Hughes - Director


CROSSMAN (FROME HOUSE) LTD (REGISTERED NUMBER: 13450348)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2022 TO 31 OCTOBER 2023


1. STATUTORY INFORMATION

Crossman (Frome House) Ltd 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. ACCOUNTING POLICIES

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

4. STOCKS
2023 2022
£    £   
Stocks - 948,879
Payments on account 20,000 22,450
20,000 971,329

CROSSMAN (FROME HOUSE) LTD (REGISTERED NUMBER: 13450348)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2022 TO 31 OCTOBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 10,054 54
Amounts owed by participating interests - 36
Other debtors 5,414 -
VAT - 2,287
15,468 2,377

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 24,697 4,211
Amounts owed to participating interests 35,964 -
Amounts owed to associates 109,014 59,960
Tax 192,882 -
VAT 13,600 -
Other creditors 344,990 339,990
Accruals and deferred income 24,200 5,764
745,347 409,925

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 2-5 years - 577,500