CROSBY PROPERTY MANAGEMENT LTD

CROSBY PROPERTY MANAGEMENT LTD

Statement of Financial Position

As at 30 September 2025

	£	2025 £	£	2024 £
Fixed assets		100,000		100,000
Current assets	115		115
Creditors: amount falling due within one year	(40,485)		(40,006)
Net current assets/(liabilities)		(40,370)		(39,891)
Total assets less current liabilities		59,630		60,109
Creditors: amount falling due after more than one year		(65,271)		(65,271)
Net assets/(liabilities)		(5,641)		(5,162)


Capital and reserves		(5,641)		(5,162)

Notes to the Accounts

Statutory Information

Crosby Property Management Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 12214407, registration address 26 Myrella Crescent, Sunderland, Tyne + Wear, SR2 9DH, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Going Concern

The financial statements have been prepared on a going concern basis. The Company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long-term liabilities as current liabilities.

Investment properties

Investment properties are included in the Balance Sheet at their open market value at the Balance Sheet date. The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only for those investment properties that are leasehold and have an unexpired lease term of less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2016), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors, compliance with the standard is necessary for The Financial Statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation, and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

2.	Average number of employees Average number of employees during the year was 0 (2024: 0).

Director's Responsibilities:

For the year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts 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 accounts.

The financial statements have been prepared in accordance with the micro-entity provisions.

Signed on behalf of the board of directors:

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Stuart Ian Crosby
Director

Date approved: 30 July 2026