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REGISTERED NUMBER: 08699192 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

CROSSMAN LAND LIMITED

CROSSMAN LAND LIMITED (REGISTERED NUMBER: 08699192)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


CROSSMAN LAND LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr B S Hughes
Mrs J Hughes





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





REGISTERED NUMBER: 08699192 (England and Wales)





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

CROSSMAN LAND LIMITED (REGISTERED NUMBER: 08699192)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 MARCH 2024


The directors present their report with the financial statements of the company for the year ended 31 March 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report.

Mr B S Hughes
Mrs J Hughes

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


22 October 2024

CROSSMAN LAND LIMITED (REGISTERED NUMBER: 08699192)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 317,587 235,065
Investments 5 40 60
317,627 235,125

CURRENT ASSETS
Stocks 233,318 249,740
Debtors 6 1,175,781 1,311,112
Cash at bank 319,643 251,398
1,728,742 1,812,250
CREDITORS
Amounts falling due within one year 7 (163,718 ) (206,810 )
NET CURRENT ASSETS 1,565,024 1,605,440
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,882,651

1,840,565

CREDITORS
Amounts falling due after more than one
year

8

(201,845

)

(167,934

)

PROVISIONS FOR LIABILITIES (5,640 ) (3,460 )
NET ASSETS 1,675,166 1,669,171

CAPITAL AND RESERVES
Called up share capital 342 342
Retained earnings 1,674,824 1,668,829
SHAREHOLDERS' FUNDS 1,675,166 1,669,171

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

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

CROSSMAN LAND LIMITED (REGISTERED NUMBER: 08699192)

BALANCE SHEET - continued
31 MARCH 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 22 October 2024 and were signed on its behalf by:





Mr B S Hughes - Director


CROSSMAN LAND LIMITED (REGISTERED NUMBER: 08699192)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Crossman Land 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 year 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 year 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

CROSSMAN LAND LIMITED (REGISTERED NUMBER: 08699192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold Motor Computer
property vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 128,681 124,217 7,648 260,546
Additions - 150,892 - 150,892
Disposals - (18,500 ) - (18,500 )
At 31 March 2024 128,681 256,609 7,648 392,938
DEPRECIATION
At 1 April 2023 - 20,702 4,779 25,481
Charge for year - 60,143 1,181 61,324
Eliminated on disposal - (11,454 ) - (11,454 )
At 31 March 2024 - 69,391 5,960 75,351
NET BOOK VALUE
At 31 March 2024 128,681 187,218 1,688 317,587
At 31 March 2023 128,681 103,515 2,869 235,065

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 124,217 4,385 128,602
Additions 150,892 - 150,892
Disposals (18,500 ) - (18,500 )
At 31 March 2024 256,609 4,385 260,994
DEPRECIATION
At 1 April 2023 20,702 2,890 23,592
Charge for year 60,143 837 60,980
Eliminated on disposal (11,454 ) - (11,454 )
At 31 March 2024 69,391 3,727 73,118
NET BOOK VALUE
At 31 March 2024 187,218 658 187,876
At 31 March 2023 103,515 1,495 105,010

CROSSMAN LAND LIMITED (REGISTERED NUMBER: 08699192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023 60
Additions 40
Disposals (60 )
At 31 March 2024 40
NET BOOK VALUE
At 31 March 2024 40
At 31 March 2023 60

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 378,586 121,857
Amounts owed by associates 749,554 1,028,642
Other debtors 23,700 77,000
Directors' loan accounts 12,092 81,910
Tax 1,556 632
VAT 9,614 -
Prepayments 679 1,071
1,175,781 1,311,112

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 94,440 18,544
Hire purchase contracts and finance leases 53,074 31,600
Trade creditors 2,357 3,213
Amounts owed to group undertakings 7,324 -
Amounts owed to associates 1,343 2,966
Tax - 1,556
VAT - 113,224
Other creditors - 7,007
Accruals and deferred income 5,180 28,700
163,718 206,810

CROSSMAN LAND LIMITED (REGISTERED NUMBER: 08699192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 56,158 57,509
Bank loans more 5 yr by instal 21,590 40,104
Hire purchase contracts and finance leases 124,097 70,321
201,845 167,934

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 21,590 40,104