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
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
The High Cross London Limited
Statement of financial position
as at 30 April 2024
Tangible assets
26,325
32,772
Cash at bank and in hand
47,509
39,886
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)
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
The High Cross London Limited
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
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 have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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.
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 in relation to expenditure are credited when the expenditure is charged to profit and loss.
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
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
At 30 April 2024
-
26,325
26,325
At 30 April 2023
-
32,772
32,772
Amounts falling due within one year
Accrued income and prepayments
2,175
2,175
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,103
9,461
Other creditors
14,967
14,176
Loans from directors
10,228
213
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
49 Ordinary shares of £0.01 each
0.49
0.49
At the year end the company owed the director £10,228 (2023: £213).
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).