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REGISTERED NUMBER: 06752124 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2024

for

Crossley Financial Solutions Limited

Crossley Financial Solutions Limited (Registered number: 06752124)






Contents of the Financial Statements
for the Year Ended 31st December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Crossley Financial Solutions Limited

Company Information
for the Year Ended 31st December 2024







DIRECTOR: Mrs D L Crossley





REGISTERED OFFICE: 29a Crown Street
Brentwood
Essex
CM14 4BA





REGISTERED NUMBER: 06752124 (England and Wales)





ACCOUNTANTS: Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA

Crossley Financial Solutions Limited (Registered number: 06752124)

Balance Sheet
31st December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 3 3

CURRENT ASSETS
Debtors 5 56,299 78,718
Cash at bank 29,281 11,289
85,580 90,007
CREDITORS
Amounts falling due within one year 6 44,593 51,608
NET CURRENT ASSETS 40,987 38,399
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,990

38,402

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 40,890 38,302
SHAREHOLDERS' FUNDS 40,990 38,402

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 12th May 2025 and were signed by:





Mrs D L Crossley - Director


Crossley Financial Solutions Limited (Registered number: 06752124)

Notes to the Financial Statements
for the Year Ended 31st December 2024

1. STATUTORY INFORMATION

Crossley Financial Solutions 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income recognition
Turnover represents commissions and fees receivable during the year. Commissions are recognised when insurance and pension policies are placed on risk and provision is made for the possible claw back of commission on cancelled policies. Trail and renewal commissions are recognised when the right to consideration arises.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Crossley Financial Solutions Limited (Registered number: 06752124)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2024
and 31st December 2024 1,279
DEPRECIATION
At 1st January 2024
and 31st December 2024 1,276
NET BOOK VALUE
At 31st December 2024 3
At 31st December 2023 3

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Commissions receivable - 22,419
Other debtors 56,299 56,299
56,299 78,718

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation 35,490 34,975
Shareholders' loan account 6,882 15,085
Accrued expenses 2,221 1,548
44,593 51,608

7. RELATED PARTY DISCLOSURES

During the year, the company continued to make an interest-free loan to Crossley Property Investments Limited, a company controlled by Mrs D L Crossley. The balance owed to the company by Crossley Property Investments Limited at 31st December 2024 amounted to £56,299 (2023: £56,299).

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Crossley Financial Solutions Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Crossley Financial Solutions Limited for the year ended 31st December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Crossley Financial Solutions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Crossley Financial Solutions Limited and state those matters that we have agreed to state to the director of Crossley Financial Solutions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Crossley Financial Solutions Limited and its director for our work or for this report.

It is your duty to ensure that Crossley Financial Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Crossley Financial Solutions Limited. You consider that Crossley Financial Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Crossley Financial Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA


13th May 2025