REGISTERED NUMBER: 04650024 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CROSS HILL ESTATES (PRESTON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A Cowell

Mr M Cowell

SECRETARY:

Mr A Cowell

REGISTERED OFFICE:

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

REGISTERED NUMBER:

04650024 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Tangible assets

4

475,195

475,195

CURRENT ASSETS

Debtors

5

28,531

23,153

Cash at bank

2,244

7,525

30,775

30,678

CREDITORS

Amounts falling due within one year

6

113,660

112,444

NET CURRENT LIABILITIES

(82,885

)

(81,766

)

TOTAL ASSETS LESS CURRENT LIABILITIES

392,310

393,429

CREDITORS

Amounts falling due after more than one year

7

(115,429

)

(137,422

)

PROVISIONS FOR LIABILITIES

-

(120

)

NET ASSETS

276,881

255,887

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

276,581

255,587

SHAREHOLDERS' FUNDS

276,881

255,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 9 December 2025 and were signed on its behalf by:

Mr A Cowell - Director

1.	STATUTORY INFORMATION

Cross Hill Estates (Preston) 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.

Land and buildings

In accordance with Statement of Standard Accounting Practice No. 19, no depreciation is provided in respect of land and buildings. This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are not held for consumption but for investment and the directors consider that to depreciate them would not give a true and fair view. Depreciation is only one amongst many factors reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified. The directors consider that this policy results in the accounts giving a true and fair view.

Government grants

Government grants in respect of revenue expenditure are recognised in the same period as the related expenditure occurs.

Going concern

The use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

475,195

9,166

484,361

DEPRECIATION

At 1 April 2024

and 31 March 2025

-

9,166

9,166

NET BOOK VALUE

At 31 March 2025

475,195

-

475,195

At 31 March 2024

475,195

-

475,195

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

6,759

1,061

Other debtors

21,772

22,092

28,531

23,153

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

25,812

25,812

Trade creditors

946

14,857

Taxation and social security

5,509

3,918

Other creditors

81,393

67,857

113,660

112,444

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

29,974

43,803

Other creditors

85,455

93,619

115,429

137,422

8.	RELATED PARTY DISCLOSURES

The directors have made loans to the company and the following balances are outstanding:

2025

2024

£

£

A Cowell

12,440

12,440

M Cowell

12,440

12,440

The above amounts are included in other creditors.

P COWELL & SONS LIMITED

A Cowell is the sole shareholder of P Cowell and Sons Limited.

During the year Cross Hill Estates (Preston) Limited has received rents totalling £6,000 (2024: £6,000) from this Company.

Included in other creditors is an amount owing to P Cowell & Sons Limited of £38,259 (2024: £24,722).

9.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.