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Registration number: 11456845

Crosstown Investments Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Crosstown Investments Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

Crosstown Investments Limited

Company Information

Director | Ms J M Cross

Registered office | 24 Dunkeld Road Bournemouth Dorset BH3 7EN

Accountants | Wilkinsons Accountants Limited Chartered Certified Accountants The Old Exchange 521 Wimborne Road East Ferndown Dorset BH22 9NH

Crosstown Investments Limited

(Registration number: 11456845)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Stocks | 4 | 2,814,876 | 2,080,516
Debtors | 5 | 4,295 | 143,318
Cash at bank and in hand |  | 18,502 | 161,849
|  | 2,837,673 | 2,385,683
Creditors: Amounts falling due within one year | 6 | (2,857,700) | (2,393,655)
Net liabilities |  | (20,027) | (7,972)
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | (20,127) | (8,072)
Shareholders' deficit |  | (20,027) | (7,972)

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 March 2026

......................................... Ms J M Cross Director

Crosstown Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
24 Dunkeld Road
Bournemouth
Dorset
BH3 7EN

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity, and rounded to the nearest £1.

Going concern

The company had a net balance sheet deficit of £20,027 (2024: £7,972) at the balance sheet date and is dependent on the continued support of its director.
The director has given her assurance that she will provide sufficient further finance as may prove necessary to meet the company's working capital requirements for the foreseeable future.

Revenue recognition

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Crosstown Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

2 | Accounting policies (continued)

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

4 | Stocks

| 2025 £ | 2024 £
Work in progress | 2,814,876 | 2,080,516

5 | Debtors

| 2025 £ | 2024 £
Amounts owed by related undertakings | 3,353 | 2,597
Other debtors | 942 | 140,721
| 4,295 | 143,318

Crosstown Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and other borrowings | 7 | 2,828,083 | 2,388,459
Taxation and social security |  | 1,766 | 3,912
Accruals and deferred income |  | 27,760 | 990
Other creditors |  | 91 | 294
|  | 2,857,700 | 2,393,655

7 | Loans and borrowings

| 2025 £ | 2024 £
Current loans and other borrowings
Loans and other borrowings | 2,828,083 | 2,388,459

8 | Related party transactions

Transactions with the director

2024 | At 1 July 2023 £ | Repayments by director £ | At 30 June 2024 £
Ms J M Cross
Loan - interest free, unsecured and repayable on demand | 484 | (484) | -

9 | Parent and ultimate parent undertaking

The company's immediate parent is Crosstown Holdings Limited, incorporated in England.
These financial statements are available upon request from The Old Exchange, 521 Wimborne Road East, Ferndown Dorset BH22 9NH