CROSSFADER LTD


Directors	HARTLEY, James
	RIDDOCH, Katie


Registered Address	Avenue Hq
	10-12 East Parade
	Leeds
	LS1 2BH


Registered Number	09044559 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	31 Dec 2025		31 May 2025
		£	£	£	£
Fixed assets
Tangible assets	3		41,841		40,897
			41,841		40,897
Current assets
Debtors	4	156,441		142,536
Cash at bank and on hand		503,220		287,349
		659,661		429,885
Creditors amounts falling due within one year	5	(220,698)		(126,547)
Net current assets (liabilities)			438,963		303,338
Total assets less current liabilities			480,804		344,235
Creditors amounts falling due after one year	6		-		(2,935)
Net assets			480,804		341,300
Capital and reserves
Called up share capital			101		101
Profit and loss account			480,703		341,199
Shareholders' funds			480,804		341,300

The company was entitled to exemption from audit for this reporting period 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.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 20 April 2026, and are signed on its behalf by:

RIDDOCH, Katie
Director
Registered Company No. 09044559

CROSSFADER LTD

Notes to the Financial Statements
for the period ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in GBP and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on Land & buildings over the life of the lease, and for all other tangible fixed assets as follows:


		Straight line (years)
	Fixtures and fittings	5
	Vehicles	3
	Office Equipment	2

2.	Average number of employees


		2025		2025
	Average number of employees during the year	9		9

3.	Tangible fixed assets

	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 June 25	46,290	-	102,344	148,634
Additions	-	8,664	5,684	14,348
At 31 December 25	46,290	8,664	108,028	162,982
Depreciation and impairment
At 01 June 25	16,288	-	91,449	107,737
Charge for year	5,834	555	7,015	13,404
At 31 December 25	22,122	555	98,464	121,141
Net book value
At 31 December 25	24,168	8,109	9,564	41,841
At 31 May 25	30,002	-	10,895	40,897

4.	Debtors: amounts due within one year

	2025	2025
	£	£
Amounts owed by group undertakings	146,409	124,409
Other debtors	257	4
Prepayments and accrued income	9,775	18,123
Total	156,441	142,536

5.	Creditors: amounts due within one year

	2025	2025
	£	£
Trade creditors / trade payables	24,956	1,115
Bank borrowings and overdrafts	72,236	52,515
Amounts owed to related parties	11,224	11,490
Taxation and social security	88,471	37,877
Other creditors	-	1,283
Accrued liabilities and deferred income	23,811	22,267
Total	220,698	126,547

6.	Creditors: amounts due after one year

	2025	2025
	£	£
Bank borrowings and overdrafts	-	2,935
Total	-	2,935

7.	Related party transactions
	Crossfader Investments Ltd: The company is related to Crossfader Ltd by virtue of it being the parent undertaking. The amount owed to Crossfader Investments Ltd at the balance sheet date was £146,409 (May 2025: £124,409).

8.	Controlling party
	There is no ultimate controlling party as no single individual owns a majority shareholding in the company.