REGISTERED NUMBER: 04875311 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st August 2025

for

Crossing Continents Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

12,347

15,036

CURRENT ASSETS

Debtors

5

117

2,148

Cash at bank

79,873

88,945

79,990

91,093

CREDITORS

Amounts falling due within one year

6

1,602

1,070

NET CURRENT ASSETS

78,388

90,023

TOTAL ASSETS LESS CURRENT LIABILITIES

90,735

105,059

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

90,734

105,058

SHAREHOLDERS' FUNDS

90,735

105,059

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th May 2026 and were signed on its behalf by:

Mr B Aberra - Director

1.	COMPANY INFORMATION

Crossing Continents Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04875311

Registered office:

The Lexicon

Mount Street

Manchester

M2 5NT

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Tangible fixed assets

Tangible Fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Fixtures and Fittings - 25% straight line

Motor Vehicles - 25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1st September 2024

4,543

18,350

22,893

Additions

1,386

-

1,386

At 31st August 2025

5,929

18,350

24,279

DEPRECIATION

At 1st September 2024

3,269

4,588

7,857

Charge for year

635

3,440

4,075

At 31st August 2025

3,904

8,028

11,932

NET BOOK VALUE

At 31st August 2025

2,025

10,322

12,347

At 31st August 2024

1,274

13,762

15,036

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

-

500

PAYE

117

1,648

117

2,148

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Directors' current accounts

899

386

Accrued expenses

703

684

1,602

1,070

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

1

Ordinary

1

1

1

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st August 2025 and 31st August 2024:

31.8.25

31.8.24

£

£

Mr B Aberra

Balance outstanding at start of year

(387

)

(359

)

Amounts advanced

300

12,464

Amounts repaid

(812

)

(12,492

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(899

)

(387

)

The loan is payable on demand and no interest was charged during the year.

9.

CONTROL

The ultimate controlling party is Mr B Aberra by virtue of his holding of 100% of the voting share capital.