COMPANY REGISTRATION NUMBER:
10257718
|
Crosshills Management Ltd |
|
|
Filleted Financial Statements |
|
|
Crosshills Management Ltd |
|
31 December 2024
Current assets
|
Debtors |
4 |
1,201 |
2,402 |
|
Cash at bank and in hand |
5,450 |
3,745 |
|
------- |
------- |
|
6,651 |
6,147 |
|
|
|
|
|
Creditors: amounts falling due within one year |
5 |
(
5,646) |
(
5,142) |
|
------- |
------- |
|
Net current assets |
1,005 |
1,005 |
|
------- |
------- |
|
Total assets less current liabilities |
1,005 |
1,005 |
|
------- |
------- |
|
Net assets |
1,005 |
1,005 |
|
------- |
------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
1 |
1 |
|
Profit and loss account |
1,004 |
1,004 |
|
------- |
------- |
|
Shareholders funds |
1,005 |
1,005 |
|
------- |
------- |
|
|
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the
board of directors
and authorised for issue on
22 September 2025
, and are signed on behalf of the board by:
|
Mr A J Shelton-Murray |
|
Director |
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Company registration number:
10257718
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Crosshills Management Ltd |
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Notes to the Financial Statements |
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Year ended 31 December 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Seddon Building, Plodder Lane, Farnworth, Bolton, BL4 0NN.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4.
Debtors
|
2024 |
2023 |
|
£ |
£ |
|
Other debtors |
1,201 |
2,402 |
|
------- |
------- |
|
|
|
5.
Creditors:
amounts falling due within one year
|
2024 |
2023 |
|
£ |
£ |
|
Amounts owed to group undertakings |
4,419 |
3,939 |
|
Accruals and deferred income |
1,227 |
1,203 |
|
------- |
------- |
|
5,646 |
5,142 |
|
------- |
------- |
|
|
|
6.
Summary audit opinion
The auditor's report dated
22 September 2025
was
unqualified
.
The senior statutory auditor was
Simon McLean FCA
, for and on behalf of
AGP
.
7.
Related party transactions
The company is exempt from disclosing related party transactions as they relate to transactions with companies wholly owned within the Malsis Hall Limited group.
8.
Controlling party
100% of the issued share capital is owned by Malsis Hall Limited, a company registered in England and Wales. The ultimate controlling parties are jointly Seddon Care Partnerships Limited, a company registered in England and Wales, and Andrew and Richard Shelton-Murray by virtue of the shareholder agreement which sets out their control over the rights of the A and B shares respectively and their right to veto certain decisions. Copies of the consolidated financial statements of the Malsis Hall Limited group are available to the public and may be obtained from Companies House.