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COMPANY REGISTRATION NUMBER: SC610705
Cross Country Products Ltd
Filleted Unaudited Financial Statements
31 October 2024
Cross Country Products Ltd
Statement of Financial Position
31 October 2024
2024
2023
£
£
Fixed assets
287
359
----
----
Current assets
568
998
Creditors: amounts falling due within one year
34
591
----
----
Net current assets
534
407
----
----
Total assets less current liabilities
821
766
Creditors: amounts falling due after more than one year
3,300
2,000
Accruals and deferred income
665
610
-------
-------
(3,144)
(1,844)
-------
-------
Capital and reserves
( 3,144)
( 1,844)
-------
-------
Notes to the financial statements
1. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr G S Cross
741
( 312)
429
----
----
----
----
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr G S Cross
( 1,297)
2,350
( 312)
741
-------
-------
----
----
2. Going concern
Despite the deficit position within the statement of financial position and the loss incurred in the year, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
Thus he continues to adopt the going concern basis of accounting in preparing the annual financial statements.
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 10 July 2025 , and are signed on behalf of the board by:
Mr G S Cross
Director
Company registration number: SC610705
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 2 Office Cottages, Altyre, Forres, Moray, IV36 2SH, United Kingdom.