The Crossing at St Paul's Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02820632 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

The Crossing at St Paul's Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

Mrs J A Betty

S C Duru

Father R S Hall

Mrs K A Pincher

A P Worwood

S P Cockbill

P G Griffiths

M Beech

REGISTERED OFFICE:

The Crossing Office

Darwall Street

Walsall

West Midlands

WS1 1DA

REGISTERED NUMBER:

02820632 (England and Wales)

ACCOUNTANTS:

Goodwins

6 Parkside Court

Greenhough Road

Lichfield

Staffordshire

WS13 7AU

FIXED ASSETS

Tangible assets

4

1,049,867

1,049,328

CURRENT ASSETS

Stocks

515

908

Debtors

5

52,042

62,002

Cash at bank and in hand

19,571

31,324

72,128

94,234

CREDITORS

Amounts falling due within one year

6

244,400

226,158

NET CURRENT LIABILITIES

(172,272

)

(131,924

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

877,595

917,404

CREDITORS

Amounts falling due after more than one year

7

961,548

NET LIABILITIES

(83,953

)

(44,144

)

CAPITAL AND RESERVES

Called up share capital

960

Retained earnings

(84,913

)

(45,104

)

(83,953

)

(44,144

)

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 directors acknowledge their 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 Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

S P Cockbill - Director

1.	STATUTORY INFORMATION

The Crossing at St Paul's 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.

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

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 9 (2023 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2024

1,326,483

165,775

1,492,258

Additions

-

1,612

At 31 December 2024

1,326,483

167,387

1,493,870

DEPRECIATION

At 1 January 2024

345,198

97,732

442,930

Charge for year

-

1,073

At 31 December 2024

345,198

98,805

444,003

NET BOOK VALUE

At 31 December 2024

981,285

68,582

1,049,867

At 31 December 2023

981,285

68,043

1,049,328

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

26,676

25,687

Other debtors

25,366

36,315

52,042

62,002

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

398

-

Trade creditors

1

Taxation and social security

61,086

Other creditors

182,915

165,071

244,400

226,158

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Other creditors

961,548

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages one to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Goodwins

6 Parkside Court

Greenhough Road

Lichfield

Staffordshire

WS13 7AU

30 September 2025