ACCOUNTS - Final Accounts preparation

Registered number: 13910900

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MAY 2025

	CROSS WATER DEVELOPMENTS LIMITED


CROSS WATER DEVELOPMENTS LIMITED

COMPANY INFORMATION

Directors	S C Philpot
	M P Ruckwood


Registered number	13910900


Registered office	Bank Court
	12a Manor Road
	Verwood
	Dorset
	BH31 6DY


Trading Address	Milewood House
	Hightown Hill
	Ringwood
	Hampshire
	BH24 3HE



Accountants	Menzies LLP
	Chartered Accountants
	Magna House
	18-32 London Road
	Staines-Upon-Thames
	TW18 4BP


CROSS WATER DEVELOPMENTS LIMITED

CONTENTS

	Page
Statement of financial position	1
Notes to the financial statements	2 - 3


CROSS WATER DEVELOPMENTS LIMITED REGISTERED NUMBER:13910900

STATEMENT OF FINANCIAL POSITION

AS AT 31 MAY 2025

		2025		2024
Note		£		£


Current assets
Stocks		-		57,506
Debtors: amounts falling due within one year	4	1,000		1,015
Cash at bank and in hand		251		462
		1,251		58,983
Creditors: amounts falling due within one year	5	(69,632)		(67,090)
Net current liabilities			(68,381)		(8,107)
Total assets less current liabilities			(68,381)		(8,107)

Net liabilities			(68,381)		(8,107)

Capital and reserves
Called up share capital	1,000	1,000
Profit and loss account	(69,381)	(9,107)
	(68,381)	(8,107)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S C Philpot

Director

Date: 27 May 2026

The notes on pages 2 to 3 form part of these financial statements.

Page 1


CROSS WATER DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1.	General information

Cross Water Developments Limited is a private company, limited by shares, registered in England and Wales. The company's registered is shown on the Company Information page.

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

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Going concern

The financial statements have been prepared on a basis other than going concern. Management have confirmed that the property development project will not proceed. As a result it is the intention of management to liquidate the company upon settlement of all liabilities, which will be funded by associated related parties under common ownership.

2.3

Stocks

Work in progress is stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, work in progress is assessed for impairment. If work in progress is 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.

2.4

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

3.	Employees
	The average number of employees, including directors, during the year was 2 (2024 - 2).

Page 2


CROSS WATER DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Debtors

					2025	2024
					£	£


Other debtors	-	15
Called up share capital not paid	1,000	1,000
	1,000	1,015

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	1,632	1,140
Other creditors	65,600	63,650
Accruals and deferred income	2,400	2,300
	69,632	67,090

Page 3