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REGISTERED NUMBER: 04529236 (England and Wales)

| CROSSMILE LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2024 |

CROSSMILE LIMITED (REGISTERED NUMBER: 04529236)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

| Page |

Company Information | 1 |

Abridged Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 7

CROSSMILE LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTOR: | Mr N B Oliver

| SECRETARY: | Mr M I Oliver

| REGISTERED OFFICE: | Heritage House

| Murton Way

| Osbaldwick

| York

| North Yorkshire

| YO19 5UW

| REGISTERED NUMBER: | 04529236 (England and Wales)

| ACCOUNTANTS: | UHY Calvert Smith

| Chartered Accountants

| Heritage House

| Murton Way

| Osbaldwick

| York

| North Yorkshire

| YO19 5UW

CROSSMILE LIMITED (REGISTERED NUMBER: 04529236)

ABRIDGED BALANCE SHEET

31 DECEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 138,935 |  | 11,319 |  |

Investment property | 5 | 354,550 |  | 354,550 |  |

493,485 |  | 365,869 |  |

CURRENT ASSETS

Debtors: amounts falling due within one year | 38,183 |  | 36,908 |  |

Debtors: amounts falling due after more than one year | 6 | 1,108,535 |  | 495,000 |  |

Cash at bank | 128,894 |  | 800,156 |  |

1,275,612 |  | 1,332,064 |  |

CREDITORS

Amounts falling due within one year | 826,977 |  | 768,178 |  |

NET CURRENT ASSETS | 448,635 |  | 563,886 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 942,120 |  | 929,755 |  |

PROVISIONS FOR LIABILITIES | 19,449 |  | 19,449 |  |

NET ASSETS | 922,671 |  | 910,306 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Non-distributable retained

earnings | 58,347 |  | 58,347 |  |

Retained earnings | 864,322 |  | 851,957 |  |

922,671 |  | 910,306 |  |

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

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

CROSSMILE LIMITED (REGISTERED NUMBER: 04529236)

ABRIDGED BALANCE SHEET - continued

31 DECEMBER 2024

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 20 August 2025 and were signed by:

Mr N B Oliver - Director

CROSSMILE LIMITED (REGISTERED NUMBER: 04529236)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Crossmile 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 as modified by the revaluation of certain assets.

| Critical accounting judgements and key sources of estimation uncertainty

| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources, The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on an ongoing basis and revised if necessary.

| Key source of estimation uncertainty - valuation of investment property:

| The carrying value of investment property is reviewed at the end of each accounting period by the directors and adjusted, if necessary, in line with current fair values. The valuations have been undertaken in accordance with an appropriate methodology based on return of capital adjusted for regional variations in property values. Deferred taxation has been provided as necessary as a separate provision.

| Turnover

| Turnover comprises rent receivable and costs recharged in respect of the investment property.

| Turnover also includes interest receivable on external loans to unconnected parties.

| Tangible fixed assets

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

| Leasehold property - 2% on cost

| Investment property

| Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs.

| Subsequently, investment properties are measured at fair value. Investment property valuations are based on an open market value. Deferred tax is provided on these movements. Gains and losses arising from changes in the fair value of investment properties are included in the Profit and Loss Account and retained earnings in the period in which they arise.

| Aggregate retained earnings on the revaluation of investment properties are non-distributable.

CROSSMILE LIMITED (REGISTERED NUMBER: 04529236)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| 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 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

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Rental income received under operating leases is credited to the profit and loss account on a straight line basis over the period of the lease.

| 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 1 (2023 - 3 ) .

CROSSMILE LIMITED (REGISTERED NUMBER: 04529236)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 January 2024 | 11,629 |  |

| Additions | 130,458 |  |

| At 31 December 2024 | 142,087 |  |

| DEPRECIATION

| At 1 January 2024 | 310 |  |

| Charge for year | 2,842 |  |

| At 31 December 2024 | 3,152 |  |

| NET BOOK VALUE

| At 31 December 2024 | 138,935 |  |

| At 31 December 2023 | 11,319 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2024

| and 31 December 2024 | 354,550 |  |

| NET BOOK VALUE

| At 31 December 2024 | 354,550 |  |

| At 31 December 2023 | 354,550 |  |

| Fair value at 31 December 2024 is represented by:

£ |

| Valuation in 2021 | 77,795 |  |

| Cost | 276,755 |  |

354,550 |  |

| The properties have been valued by the director, having taken advice from property surveyors.

6. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Other debtors | 1,108,535 |  | 495,000 |  |

| The other debtor is secured by way of a legal charge on a land asset which would be called in should the debtor default.

CROSSMILE LIMITED (REGISTERED NUMBER: 04529236)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

7. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Director's current account | 534,132 |  | 534,132 |  |

| Mr N B Oliver has taken a first legal charge over the properties at Clough Road and Stoneferry Road dated January 2004.

8. | RELATED PARTY DISCLOSURES

| Within creditors is an amount of £534,132 (2023: £534,132) due to the director.

| The loan is interest free and repayable on demand.