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Company Registration No. 10705907 (England and Wales)
The High Cross London Limited Unaudited accounts for the year ended 30 April 2024
The High Cross London Limited Unaudited accounts Contents
Page
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The High Cross London Limited Company Information for the year ended 30 April 2024
Director
Alexander Beeston
Company Number
10705907 (England and Wales)
Registered Office
350 High Road London N17 9HT
Accountants
Warwick McArdle 55 Ellerton Road London SW18 3NQ
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The High Cross London Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,325 
32,772 
Current assets
Inventories
4,000 
4,000 
Debtors
4,915 
12,550 
Cash at bank and in hand
47,509 
39,886 
56,424 
56,436 
Creditors: amounts falling due within one year
(38,657)
(34,106)
Net current assets
17,767 
22,330 
Total assets less current liabilities
44,092 
55,102 
Creditors: amounts falling due after more than one year
- 
(12,169)
Provisions for liabilities
Deferred tax
(5,001)
(6,226)
Net assets
39,091 
36,707 
Capital and reserves
Capital contribution reserve
1 
1 
Profit and loss account
39,090 
36,706 
Shareholders' funds
39,091 
36,707 
For the year ending 30 April 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 24 September 2024 and were signed on its behalf by
Alexander Beeston Director Company Registration No. 10705907
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The High Cross London Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
The High Cross London Limited is a private company, limited by shares, registered in England and Wales, registration number 10705907. The registered office is 350 High Road, London, N17 9HT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation commences when assets are brought into use. Depreciation is provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 years straight line
Fixtures & fittings
10 years straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
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.
Government grants
Government grants in relation to expenditure are credited when the expenditure is charged to profit and loss.
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The High Cross London Limited Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
5,524 
64,470 
69,994 
At 30 April 2024
5,524 
64,470 
69,994 
Depreciation
At 1 May 2023
5,524 
31,698 
37,222 
Charge for the year
- 
6,447 
6,447 
At 30 April 2024
5,524 
38,145 
43,669 
Net book value
At 30 April 2024
- 
26,325 
26,325 
At 30 April 2023
- 
32,772 
32,772 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,123 
2,119 
Accrued income and prepayments
2,175 
2,175 
Other debtors
1,617 
8,256 
4,915 
12,550 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
9,179 
9,629 
Trade creditors
180 
180 
Taxes and social security
4,103 
9,461 
Other creditors
14,967 
14,176 
Loans from directors
10,228 
213 
Accruals
- 
447 
38,657 
34,106 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
- 
12,169 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
49 Ordinary shares of £0.01 each
0.49 
0.49 
9
Loans to directors
At the year end the company owed the director £10,228 (2023: £213).
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The High Cross London Limited Notes to the Accounts for the year ended 30 April 2024
10
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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