Company Registration No. 04296941 (England and Wales)
Cross Shoot Ltd
Unaudited accounts
for the year ended 31 March 2024
Cross Shoot Ltd
Unaudited accounts
Contents
Cross Shoot Ltd
Company Information
for the year ended 31 March 2024
Company Number
04296941 (England and Wales)
Registered Office
Flat 1
7 Lyons Crescent
Tonbridge
Kent
TN9 1EX
Accountants
Capsa Accounting Ltd
2 The Moorings
Conyer
Sittingbourne
Kent
ME9 9HQ
Cross Shoot Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
14,203
16,214
Creditors: amounts falling due within one year
(8,422)
(20,733)
Net current assets
15,567
3,347
Total assets less current liabilities
15,915
3,811
Creditors: amounts falling due after more than one year
(1,812)
(3,094)
Called up share capital
10
10
Profit and loss account
14,093
707
Shareholders' funds
14,103
717
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 July 2024 and were signed on its behalf by
Duncan Cross
Director
Company Registration No. 04296941
Cross Shoot Ltd
Notes to the Accounts
for the year ended 31 March 2024
Cross Shoot Ltd is a private company, limited by shares, registered in England and Wales, registration number 04296941. The registered office is Flat 1, 7 Lyons Crescent, Tonbridge, Kent, TN9 1EX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straight Line
Computer equipment
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Intangible fixed assets
Goodwill
Cross Shoot Ltd
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
144
1,044
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,278
1,184
Taxes and social security
6,376
3,962
Loans from directors
768
15,587
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
Duncan Cross is the sole director and sole shareholder.
11
Average number of employees
During the year the average number of employees was 1 (2023: 1).