REGISTERED NUMBER: NI602792 (Northern Ireland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

CROSSROADS FUELS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mr J Willis

Mrs S Willis

Mr I Willis

SECRETARY:

Mrs S Willis

REGISTERED OFFICE:

383 Lisnaskea Road

Cloghan

Derrylin

Enniskillen

Co. Fermanagh

BT92 9GB

REGISTERED NUMBER:

NI602792 (Northern Ireland)

ACCOUNTANTS:

Patton Rainey Stenson Limited

Chartered Accountants

6 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

BANKERS:

Bank of Scotland

PO Box 1000

BX2 1LB

FIXED ASSETS

Tangible assets

4

138,723

154,137

CURRENT ASSETS

Stocks

85,712

81,115

Debtors

5

320,597

427,419

Investments

6

-

392,150

Cash at bank

4,267,587

3,667,711

4,673,896

4,568,395

CREDITORS

Amounts falling due within one year

7

541,141

587,423

NET CURRENT ASSETS

4,132,755

3,980,972

TOTAL ASSETS LESS CURRENT LIABILITIES

4,271,478

4,135,109

PROVISIONS FOR LIABILITIES

8

34,369

38,070

NET ASSETS

4,237,109

4,097,039

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9

4,237,009

4,096,939

SHAREHOLDERS' FUNDS

4,237,109

4,097,039

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 24 November 2025 and were signed on its behalf by:

Mr J Willis - Director

1.	STATUTORY INFORMATION

Crossroads Fuels Ltd is a private company, limited by shares , registered in Northern Ireland. 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

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 basis:

Plant & Machinery

10% Reducing balance basis

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.

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.

Foreign currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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.

Current asset investments

Current asset investments are initially stated in the financial statements at the lower of cost and net realisable value. Gains and losses on disposal recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

and 30 April 2025

321,668

DEPRECIATION

At 1 May 2024

167,531

Charge for year

15,414

At 30 April 2025

182,945

NET BOOK VALUE

At 30 April 2025

138,723

At 30 April 2024

154,137

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

165,969

176,425

Other debtors

100

2,100

VAT

154,528

248,894

320,597

427,419

6.	CURRENT ASSET INVESTMENTS

30.4.25

30.4.24

£

£

Listed investments

-

392,150

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

300,662

308,743

Tax

59,778

134,766

Other creditors

7,709

7,709

Directors' current accounts

163,573

129,410

Accruals and deferred income

9,419

6,795

541,141

587,423

8.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

£

Deferred tax

34,369

38,070

Deferred

tax

£

Balance at 1 May 2024

38,070

Provided during year

(3,701

)

Balance at 30 April 2025

34,369

9.

RESERVES

Retained

earnings

£

At 1 May 2024

4,096,939

Profit for the year

168,533

Dividends

(28,463

)

At 30 April 2025

4,237,009

10.	RELATED PARTY DISCLOSURES

There were no transactions with related parties during the year. The controlling interest in the company is held by Mr John Willis, who is also a director of the company by virtue of his shareholding in the company.

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 30 April 2025 set out on pages three to nine 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.

Patton Rainey Stenson Limited

Chartered Accountants

6 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

24 November 2025