| CROSS COUNTRY PARTNERS 5 LIMITED |
| Balance Sheet |
| as at 30 June 2025 |
|
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Investment Property |
5 |
|
|
4,814,752 |
|
|
3,108,290 |
|
| Current assets |
| Debtors |
6 |
|
492,770 |
|
|
401,540 |
| Cash at bank and in hand |
|
|
1,804 |
|
|
562 |
|
|
|
494,574 |
|
|
402,102 |
| Creditors: amounts falling due within one year |
7 |
|
(1,900) |
|
|
(101,419) |
|
| Net current assets |
|
|
|
492,674 |
|
|
300,683 |
|
|
|
|
|
|
|
|
| Total assets less current liabilities |
|
|
|
5,307,426 |
|
|
3,408,973 |
|
|
|
|
|
|
|
|
| Creditors: amounts falling due after more than one year |
8 |
|
|
(3,824,450) |
|
|
(3,096,355) |
|
| Provisions for liabilities |
9 |
|
|
(354,393) |
|
|
(135,959) |
|
| Net assets |
|
|
|
1,128,583 |
|
|
176,659 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
200 |
|
|
200 |
| Retained Earnings |
10 |
|
|
1,128,383 |
|
|
176,459 |
|
| Shareholder's funds |
|
|
|
1,128,583 |
|
|
176,659 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
| Warjinder Singh Khamba |
| Director |
| Approved by the board on 20 June 2026 |
|
| CROSS COUNTRY PARTNERS 5 LIMITED |
| Notes to the Accounts |
| for the year ended 30 June 2025 |
|
|
|
|
|
|
|
|
|
| 1 |
Statutory Information |
|
CROSS COUNTRY PARTNERS 5 LIMITED is a private company, limited by shares, regsitered in England and Wales, registration number 12644094. The registered office is 17 Castle Gate, Nottingham, NG17AQ, England |
|
. |
| 2 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Deferred taxation |
|
Deferred taxation arises as a result of including items of icnome and expenditure in taxation computaions in periods different from those in which they are included in the company’s accounts. Deffered tax is provided in full on timing differences which result in obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing diffrences reverse, based on current tax rates and laws & Deffered Tax assets and liabilites are not discounted |
|
|
Turnover |
|
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Investment Proeprty |
|
Investment property is included at fair market value. Gains are recognised in the Income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold |
|
| 3 |
Compliance with accounting standards |
|
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A small entities. There were no material departure from that standard |
|
| 4 |
Employees |
2025 |
|
2024 |
|
|
|
|
|
|
|
|
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
| 5 |
Investment Property |
|
|
|
|
|
|
|
|
Total |
| £ |
|
Cost |
|
At 1 July 2024 |
3,108,290 |
|
Additions |
556,809 |
|
Revaluation |
1,149,653 |
|
At 30 June 2025 |
4,814,752 |
|
| 6 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
Amounts falling due after more than one year |
492,770 |
|
401,540 |
|
|
|
|
|
|
492,770 |
|
401,540 |
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
- |
|
99,844 |
|
Trade creditors |
1,575 |
|
1,250 |
|
Accruals |
325 |
|
325 |
|
|
|
|
|
|
1,900 |
|
101,419 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
2,221,521 |
|
1,532,930 |
|
Other creditors |
1,602,929 |
|
1,563,425 |
|
|
|
|
|
|
3,824,450 |
|
3,096,355 |
|
|
|
|
|
|
|
|
|
| 9 |
Deferred taxation |
2025 |
|
2024 |
| £ |
£ |
|
|
Revaluation of the investment property |
354,393 |
|
135,959 |
|
|
Provision at start of the year |
135,959 |
|
122,084 |
|
Charged to the profit and loss account |
218,434 |
|
13,875 |
|
Provision at the end of the year |
354,393 |
|
135,959 |
|
|
|
|
|
|
|
|
|
|
| 10 |
Retained Earnings |
2025 |
| £ |
|
Brought Forward |
176,459 |
|
Current year |
951,924 |
|
As at 31 March 2025 |
1,128,383 |
|
|
|
|
|
|
|
|
|