Crossgates UK Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—5

Registered number: 06443835

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		175,799		193,989

			175,799		193,989
CURRENT ASSETS
Stocks		10,447		13,862
Debtors	6	46,679		108,347
Cash at bank and in hand		99,365		61,043

		156,491		183,252
Creditors: Amounts Falling Due Within One Year	7	(167,569 )		(163,793 )

NET CURRENT ASSETS (LIABILITIES)			(11,078 )		19,459

TOTAL ASSETS LESS CURRENT LIABILITIES			164,721		213,448

NET ASSETS			164,721		213,448

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			164,621		213,348

SHAREHOLDERS' FUNDS			164,721		213,448

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Salt

Director

30/09/2025

The notes on pages 2 to 5 form part of these financial statements.

1. General Information

Crossgates UK Limited Registered number 06443835 is a limited by shares company incorporated in England & Wales. The Registered Office is Jennah Cottage, 362 Pontefract Road, Lundwood, Barnsley, S71 5JY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of ten years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% streight line method
Office fixture	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Office Equipment	25% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 66 (2023: 69)

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Crossgates UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	96,105

As at 31 December 2024	96,105

Amortisation
As at 1 January 2024	96,105

As at 31 December 2024	96,105

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

5. Tangible Assets

	Land & Property
	Freehold	Office fixture	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2024	159,561	54,225	66,132	413,085
Disposals	-	-	(3,690 )	-

As at 31 December 2024	159,561	54,225	62,442	413,085

Depreciation
As at 1 January 2024	22,059	47,263	57,560	377,655
Provided during the period	3,244	1,741	1,925	9,024
Disposals	-	-	(2,815 )	-

As at 31 December 2024	25,303	49,004	56,670	386,679

Net Book Value
As at 31 December 2024	134,258	5,221	5,772	26,406

As at 1 January 2024	137,502	6,962	8,572	35,430


	Office Equipment	Total
	£	£
Cost
As at 1 January 2024	19,498	712,501
Disposals	-	(3,690 )

As at 31 December 2024	19,498	708,811

Depreciation
As at 1 January 2024	13,975	518,512
Provided during the period	1,381	17,315
Disposals	-	(2,815 )

As at 31 December 2024	15,356	533,012

...CONTINUED

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Crossgates UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	4,142	175,799

As at 1 January 2024	5,523	193,989

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	20,488	39,446
Prepayments and accrued income	6,996	6,936
S455 tax debtor	19,195	4,944
Directors' loan accounts	-	57,021

	46,679	108,347

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	20,241	44,796
PAYE creditor	15,284	14,208
VAT	94,035	73,814
Wages creditor	25,689	13,391
Pension creditor	-	1,325
Credit card	8,863	14,813
Attachment of Earnings	26	9
Accruals and deferred income	1,858	1,437
Directors' loan accounts	1,573	-

	167,569	163,793

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

9. Other Commitments

At the end of the period the company had annual commitments under non-cancellable leases as follows:

	2024	2023
	£	£
Not later than one year	37,723	28,900
Later than one year and not later than five years	98,079	106,642
Later than five years	-	13,200

	135,802	148,742

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Crossgates UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr James Salt	57,021	-	(57,021 )	-	-

The above loan was unsecured, interest free and repayable on demand.

11. Related Party Transactions

The company is controlled by Mr J L Salt & Mr H S Salt, directors and shareholders of the company.

The balance on the directors loan account of J Salt at 31st December 2024 was £1,573 due to the director (2023 - £57,021 due from the company).

The company has given a cross gaurantee in respect of borrowings in an associated company.

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