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CROSS GAMMA LIMITED

REPORT OF THE DIRECTOR AND

ABRIDGED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024






CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CROSS GAMMA LIMITED

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTOR: A G Stalker



REGISTERED OFFICE: 5 Gun House
122 Wapping High Street
London
E1W 2NL



REGISTERED NUMBER: 12206477 (England and Wales)



ACCOUNTANTS: ADAMS MOORHOUSE LIMITED, Chartered Accountants
4 Churchill Court
58 Station Road
North Harrow
Middlesex
HA2 7ST



BANKERS: Starling Bank
2 Finsbury Avenue
London
EC2M 2PP

CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477)

STATEMENT OF FINANCIAL POSITION
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 4,973 3,144
Investments 6 323,472 671,056
328,445 674,200

CURRENT ASSETS
Debtors 7 352,216 132
Cash at bank 1,718 693
353,934 825
CREDITORS
Amounts falling due within one year 8 156,136 270,449
NET CURRENT ASSETS/(LIABILITIES) 197,798 (269,624 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

526,243

404,576

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 526,143 404,476
SHAREHOLDERS' FUNDS 526,243 404,576

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477)

STATEMENT OF FINANCIAL POSITION - continued
30 September 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 director and authorised for issue on 3 July 2025 and were signed by:





A G Stalker - Director


CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024


1. STATUTORY INFORMATION

Cross Gamma 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

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

CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
Cost
At 1 October 2023 16,708
Additions 2,017
At 30 September 2024 18,725
Depreciation
At 1 October 2023 13,564
Charge for year 188
At 30 September 2024 13,752
Net book value
At 30 September 2024 4,973
At 30 September 2023 3,144

6. FIXED ASSET INVESTMENTS
Other
investments
£   
Cost or valuation
At 1 October 2023 671,056
Additions 239,290
Disposals (582,703 )
Reclassification/transfer (4,171 )
At 30 September 2024 323,472
Net book value
At 30 September 2024 323,472
At 30 September 2023 671,056

The difference in value of listed investments between cost and market value is negligible, and therefore amounts are stated at cost.

There is no independent valuation available for unlisted investments and therefore have been stated at cost.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 331,200 -
Other debtors 21,016 132
352,216 132

CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
UK Corporation Tax 101,605 72,517
VAT 959 837
Directors' current accounts 50,722 194,945
Accrued expenses 2,850 2,150
156,136 270,449

9. CONTINGENT LIABILITIES

As far as the Board is aware, there were no contingent liabilities at the balance sheet date.