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REGISTERED NUMBER: 03043891 (England and Wales)


















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Crosshall Properties Limited

Crosshall Properties Limited (Registered number: 03043891)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Crosshall Properties Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr A H Ekins
Mrs L J Pullinger





SECRETARY: Mr R M Keyworth





REGISTERED OFFICE: 159 Crosshall Road
Eaton Ford
St. Neots
Cambridgeshire
PE19 7GB





REGISTERED NUMBER: 03043891 (England and Wales)





ACCOUNTANTS: George Hay Partnership LLP
Chartered Accountants
St George's House
George Street
Huntingdon
Cambridgeshire
PE29 3GH

Crosshall Properties Limited (Registered number: 03043891)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,110,000 1,801,000

CURRENT ASSETS
Debtors 5 22,880 100
Cash at bank 776,272 151,969
799,152 152,069
CREDITORS
Amounts falling due within one year 6 96,017 39,662
NET CURRENT ASSETS 703,135 112,407
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,813,135

1,913,407

CREDITORS
Amounts falling due after more than one
year

7

(282,064

)

(282,064

)

PROVISIONS FOR LIABILITIES (159,588 ) (254,470 )
NET ASSETS 1,371,483 1,376,873

CAPITAL AND RESERVES
Called up share capital 1,500 1,500
Fair value reserve 8 675,116 1,050,435
Retained earnings 694,867 324,938
SHAREHOLDERS' FUNDS 1,371,483 1,376,873

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

Crosshall Properties Limited (Registered number: 03043891)

Balance Sheet - continued
31 May 2024


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 4 October 2024 and were signed on its behalf by:





Mr A H Ekins - Director


Crosshall Properties Limited (Registered number: 03043891)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Crosshall Properties Limited 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 comprises rents and services charges receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 June 2023 1,801,000
Disposals (691,000 )
At 31 May 2024 1,110,000
NET BOOK VALUE
At 31 May 2024 1,110,000
At 31 May 2023 1,801,000


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 680 -
Other debtors 22,200 100
22,880 100

Crosshall Properties Limited (Registered number: 03043891)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 89,316 8,497
Other creditors 6,701 31,165
96,017 39,662

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 282,064 282,064

8. RESERVES
Fair
value
reserve
£   
At 1 June 2023 1,050,435
Transfers (375,319 )

At 31 May 2024 675,116

9. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed the shareholders, £282,064 (2023: £282,064) in respect of their loans to the company.

At the balance sheet date, the company was owed by the director, £22,200 (2023: owed £21,998) in respect of his overdrawn director's current account.