Crosshill Holdings Ltd NI668430 false 2024-12-01 2025-11-30 2025-11-30 The principal activity of the company is Renting and leasing construction and civil engineering machinery and equipment Digita Accounts Production Advanced 6.30.9574.0 false NI668430 2024-12-01 2025-11-30 NI668430 2025-11-30 NI668430 bus:OrdinaryShareClass1 2025-11-30 NI668430 core:CurrentFinancialInstruments 2025-11-30 NI668430 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 NI668430 core:Non-currentFinancialInstruments core:AfterOneYear 2025-11-30 NI668430 core:MotorVehicles 2025-11-30 NI668430 core:OtherPropertyPlantEquipment 2025-11-30 NI668430 bus:SmallEntities 2024-12-01 2025-11-30 NI668430 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 NI668430 bus:FilletedAccounts 2024-12-01 2025-11-30 NI668430 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 NI668430 bus:RegisteredOffice 2024-12-01 2025-11-30 NI668430 bus:Director1 2024-12-01 2025-11-30 NI668430 bus:OrdinaryShareClass1 2024-12-01 2025-11-30 NI668430 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 NI668430 core:MotorVehicles 2024-12-01 2025-11-30 NI668430 core:OtherPropertyPlantEquipment 2024-12-01 2025-11-30 NI668430 core:PlantMachinery 2024-12-01 2025-11-30 NI668430 core:Subsidiary1 2024-12-01 2025-11-30 NI668430 core:Subsidiary1 1 2024-12-01 2025-11-30 NI668430 core:Subsidiary1 countries:AllCountries 2024-12-01 2025-11-30 NI668430 countries:NorthernIreland 2024-12-01 2025-11-30 NI668430 2024-11-30 NI668430 core:CostValuation 2024-11-30 NI668430 core:MotorVehicles 2024-11-30 NI668430 core:OtherPropertyPlantEquipment 2024-11-30 NI668430 2023-12-01 2024-11-30 NI668430 2024-11-30 NI668430 bus:OrdinaryShareClass1 2024-11-30 NI668430 core:CurrentFinancialInstruments 2024-11-30 NI668430 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 NI668430 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-30 NI668430 core:MotorVehicles 2024-11-30 NI668430 core:OtherPropertyPlantEquipment 2024-11-30 NI668430 core:Subsidiary1 1 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: NI668430

Crosshill Holdings Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 30 November 2025

Crosshill Holdings Ltd

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 8

Crosshill Holdings Ltd

(Registration number: NI668430)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 959,080 | 1,254,541
Investment property | 6 | 358,475 | 124,603
Investments | 7 | 2 | 2
|  | 1,317,557 | 1,379,146
Current assets |  |  |
Debtors | 8 | 16,972 | 166,111
Cash at bank and in hand |  | 1,450,900 | 1,547,698
|  | 1,467,872 | 1,713,809
Creditors: Amounts falling due within one year | 9 | (223,811) | (655,191)
Net current assets |  | 1,244,061 | 1,058,618
Total assets less current liabilities |  | 2,561,618 | 2,437,764
Creditors: Amounts falling due after more than one year | 9 | (19,520) | (25,783)
Provisions for liabilities |  | (239,770) | (313,635)
Net assets |  | 2,302,328 | 2,098,346
Capital and reserves |  |  |
Called up share capital | 10 | 2 | 2
Retained earnings |  | 2,302,326 | 2,098,344
Shareholders' funds |  | 2,302,328 | 2,098,346

Crosshill Holdings Ltd

(Registration number: NI668430)
Balance Sheet as at 30 November 2025

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

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies.

Directors' 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 directors acknowledge their 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 and 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 May 2026 and signed on its behalf by:

......................................... Mr Sean McKee Director

Crosshill Holdings Ltd

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

1 | General information

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

The address of its registered office is:
158 Moneygran Road
Portglenone
BALLYMENA
County Antrim
BT44 8JN

These financial statements were authorised for issue by the Board on 14 May 2026.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred 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.

Crosshill Holdings Ltd

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

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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and Machinery | 20% Straight Line Basis
Motor Vehicles | 20% Straight Line Basis

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

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.

Crosshill Holdings Ltd

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

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Crosshill Holdings Ltd

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

4 | Profit before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 449,461 | 478,240
Income from shares in group undertakings | (456,000) | (1,620,000)

5 | Tangible assets

| Motor vehicles £ | Plant and Machinery etc £ | Total £
Cost or valuation
At 1 December 2024 | 120,980 | 2,289,222 | 2,410,202
Additions | - | 355,000 | 355,000
Disposals | - | (265,000) | (265,000)
At 30 November 2025 | 120,980 | 2,379,222 | 2,500,202
Depreciation
At 1 December 2024 | 58,198 | 1,097,463 | 1,155,661
Charge for the year | 20,216 | 429,245 | 449,461
Eliminated on disposal | - | (64,000) | (64,000)
At 30 November 2025 | 78,414 | 1,462,708 | 1,541,122
Carrying amount
At 30 November 2025 | 42,566 | 916,514 | 959,080
At 30 November 2024 | 62,782 | 1,191,759 | 1,254,541

6 | Investment properties

| 2025 £
At 1 December | 124,603
Additions | 233,872
At 30 November | 358,475

There has been no valuation of investment property by an independent valuer as the property was purchased in 2022 and there has been no significant change.

Crosshill Holdings Ltd

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

7 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 2 | 2

Subsidiaries | £
Cost or valuation
At 1 December 2024 | 2
Provision
Carrying amount
At 30 November 2025 | 2
At 30 November 2024 | 2

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Subsidiary undertakings
J&S McKee Ltd | 158 Moneygran Road Portglenone N Ireland | Ordinary shares | 100% | 100%

Subsidiary undertakings
J&S McKee Ltd The principal activity of J&S McKee Ltd is Building and Civil Engineering Contractors.

Crosshill Holdings Ltd

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

8 | debtors

Current | 2025 £ | 2024 £
Other debtors | 16,972 | 166,111
| 16,972 | 166,111

9 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Bank loans and overdrafts |  | 6,263 | 35,121
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 685 | 7,685
Accruals and deferred income |  | 2,700 | 2,500
Other creditors |  | 214,163 | 609,885
|  | 223,811 | 655,191

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £6,263 ( - £35,121 ).

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 19,520 | 25,783

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £19,520 ( - £25,783).

10 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 2 | 2 | 2 | 2