CROSS STONE PROPERTIES LIMITED

Company Registration Number:
01961768 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

CROSS STONE PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

CROSS STONE PROPERTIES LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 131,235 0
Investments: 4 705,280 705,280
Total fixed assets: 836,515 705,280
Current assets
Debtors:   27,950,189 28,826,375
Cash at bank and in hand: 99,703 80,279
Total current assets: 28,049,892 28,906,654
Creditors: amounts falling due within one year:   (454,270) (741,669)
Net current assets (liabilities): 27,595,622 28,164,985
Total assets less current liabilities: 28,432,137 28,870,265
Total net assets (liabilities): 28,432,137 28,870,265
Capital and reserves
Called up share capital: 2,693,129 2,693,129
Other reserves: 10,964,755 10,964,755
Profit and loss account: 14,774,253 15,212,381
Shareholders funds: 28,432,137 28,870,265

The notes form part of these financial statements

CROSS STONE PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 December 2025
and signed on behalf of the board by:

Name: C.R.F.Barbour
Status: Director

The notes form part of these financial statements

CROSS STONE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Income comprises rents receivable.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, at 15% per annum of net book value.

Valuation and information policy

Investment property is carried at fair value. Gains are recognised in the profit and loss account. No depreciation is provided. Deferred tax is provided on these gains at the rate expected to apply when property is sold. Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.

Other accounting policies

The aggregate fair value of adjustments relating to movements in the value of the company's investment properties are transferred at the end of each period, net of deferred tax, from the profit and loss reserve to the non-distributable reserve. On disposal of investment property the aggregate fair value adjustment is transferred back to profit and loss reserves and the deferred tax provision is transferred to current tax liabilities.

CROSS STONE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 0 0

CROSS STONE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 0
Additions 134,600
At 31 March 2025 134,600
Depreciation
At 01 April 2024 0
Charge for year 3,365
At 31 March 2025 3,365
Net book value
At 31 March 2025 131,235
At 31 March 2024 0

CROSS STONE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Fixed investments

Both the carrying value and historic cost of investment properties was £705,280 (2004 - £705,280).