REGISTERED NUMBER: 05298606 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

FOUR CROSSES FILLING STATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTORS:

Mrs R E Wells

L C Wells Esq

SECRETARY:

Mrs R E Wells

REGISTERED OFFICE:

Kingsland House

39 Abbey Foregate

Shrewsbury

Shropshire

SY2 6BL

REGISTERED NUMBER:

05298606 (England and Wales)

ACCOUNTANTS:

D.R.E. & Co. Limited

Chartered Accountants

Kingsland House

39 Abbey Foregate

Shrewsbury

Shropshire

SY2 6BL

FIXED ASSETS

Intangible assets

5

7,800

30,034

Tangible assets

6

400,102

399,606

407,902

429,640

CURRENT ASSETS

Stocks

7

762,922

597,641

Debtors

8

71,479

127,127

Cash at bank and in hand

290,114

475,383

1,124,515

1,200,151

CREDITORS

Amounts falling due within one year

9

1,046,931

1,284,439

NET CURRENT ASSETS/(LIABILITIES)

77,584

(84,288

)

TOTAL ASSETS LESS CURRENT LIABILITIES

485,486

345,352

PROVISIONS FOR LIABILITIES

75,334

76,462

NET ASSETS

410,152

268,890

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

410,150

268,888

SHAREHOLDERS' FUNDS

410,152

268,890

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 15 December 2025 and were signed on its behalf by:

L C Wells Esq - Director

1.	STATUTORY INFORMATION

Four Crosses Filling Station 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over the estimated useful lives of the assets. The rates of depreciation are as follows:

Improvements to property 20% on reducing balance, 10% on cost, straight line over 15 years

Plant and machinery 25% on cost

Fixtures and fittings 33% on cost

Motor vehicles 25% on cost

Computer equipment 25% on cost

Stocks

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

Financial instruments

The company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

(i) Financial assets

Basic financial assets, including cash and bank balances, are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

(ii) Financial liabilities

Basic financial liabilities, including trade payables, bank and other loans, are initially recognised at transaction price and subsequently carried at amortised cost.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 36 ) .

5.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

155,946

17,500

173,446

Disposals

-

(17,500

)

(17,500

)

At 31 March 2025

155,946

-

155,946

AMORTISATION

At 1 April 2024

140,349

3,063

143,412

Charge for year

7,797

-

7,797

Eliminated on disposal

-

(3,063

)

(3,063

)

At 31 March 2025

148,146

-

148,146

NET BOOK VALUE

At 31 March 2025

7,800

-

7,800

At 31 March 2024

15,597

14,437

30,034

6.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

344,606

310,282

133,194

Additions

-

133,996

1,284

Disposals

-

(48,209

)

(20,655

)

At 31 March 2025

344,606

396,069

113,823

DEPRECIATION

At 1 April 2024

130,883

177,246

89,802

Charge for year

29,316

80,115

33,940

Eliminated on disposal

-

(46,223

)

(20,655

)

At 31 March 2025

160,199

211,138

103,087

NET BOOK VALUE

At 31 March 2025

184,407

184,931

10,736

At 31 March 2024

213,723

133,036

43,392

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

2,701

16,539

807,322

Additions

19,090

-

154,370

Disposals

-

(2,685

)

(71,549

)

At 31 March 2025

21,791

13,854

890,143

DEPRECIATION

At 1 April 2024

1,576

8,209

407,716

Charge for year

5,054

3,463

151,888

Eliminated on disposal

-

(2,685

)

(69,563

)

At 31 March 2025

6,630

8,987

490,041

NET BOOK VALUE

At 31 March 2025

15,161

4,867

400,102

At 31 March 2024

1,125

8,330

399,606

7.

STOCKS

31.3.25

31.3.24

£

£

Stocks

762,922

597,641

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,127

37,575

Other debtors

7,462

13,013

Prepayments

61,890

76,539

71,479

127,127

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

720,672

1,079,456

Tax

134,669

50,121

Social security and other taxes

16,123

15,894

VAT

91,632

111,885

Other creditors

3,822

4,685

Directors' current accounts

140

230

Accruals and deferred income

79,873

22,168

1,046,931

1,284,439

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

131,800

131,800

Between one and five years

194,683

292,883

In more than five years

156,800

190,400

483,283

615,083

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

L C Wells Esq and Mrs R E Wells

Balance outstanding at start of year

-

19,363

Amounts repaid

-

(19,363

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

12.	RELATED PARTY DISCLOSURES

13.	ULTIMATE CONTROLLING PARTY

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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Four Crosses Filling Station Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Four Crosses Filling Station Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Four Crosses Filling Station Limited and state those matters that we have agreed to state to the Board of Directors of Four Crosses Filling Station Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Four Crosses Filling Station Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Four Crosses Filling Station Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Four Crosses Filling Station Limited. You consider that Four Crosses Filling Station Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Four Crosses Filling Station Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

D.R.E. & Co. Limited

Chartered Accountants

Kingsland House

39 Abbey Foregate

Shrewsbury

Shropshire

SY2 6BL

16 December 2025