Crosshill Investments Limited - Accounts to registrar (filleted) - small 18.2

Crosshill Investments Limited - Accounts to registrar (filleted) - small 18.2

CROSSHILL INVESTMENTS LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v19.1.0.735 SC515975 Board of Directors 1.10.17 30.9.18 30.9.18 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC5159752017-09-30SC5159752018-09-30SC5159752017-10-012018-09-30SC5159752016-09-30SC5159752016-10-012017-09-30SC5159752017-09-30SC515975ns15:Scotland2017-10-012018-09-30SC515975ns14:PoundSterling2017-10-012018-09-30SC515975ns10:Director12017-10-012018-09-30SC515975ns10:PrivateLimitedCompanyLtd2017-10-012018-09-30SC515975ns10:SmallEntities2017-10-012018-09-30SC515975ns10:AuditExempt-NoAccountantsReport2017-10-012018-09-30SC515975ns10:SmallCompaniesRegimeForDirectorsReport2017-10-012018-09-30SC515975ns10:SmallCompaniesRegimeForAccounts2017-10-012018-09-30SC515975ns10:FullAccounts2017-10-012018-09-30SC515975ns10:Director22017-10-012018-09-30SC515975ns10:RegisteredOffice2017-10-012018-09-30SC515975ns5:CurrentFinancialInstruments2018-09-30SC515975ns5:CurrentFinancialInstruments2017-09-30SC515975ns5:ShareCapital2018-09-30SC515975ns5:ShareCapital2017-09-30SC515975ns5:RetainedEarningsAccumulatedLosses2018-09-30SC515975ns5:RetainedEarningsAccumulatedLosses2017-09-30SC515975ns5:CostValuation2017-09-30SC515975ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-09-30SC515975ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-09-30


REGISTERED NUMBER: SC515975 (Scotland)















CROSSHILL INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2018






CROSSHILL INVESTMENTS LIMITED (REGISTERED NUMBER: SC515975)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CROSSHILL INVESTMENTS LIMITED

COMPANY INFORMATION
For The Year Ended 30 September 2018







DIRECTORS: G D McGinty
Mrs J McGinty





REGISTERED OFFICE: 12 Finlay Rise
Milngavie
G62 6EQ





REGISTERED NUMBER: SC515975 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL
Page 1
CROSSHILL INVESTMENTS LIMITED (REGISTERED NUMBER: SC515975)

BALANCE SHEET
30 September 2018

30.9.18 30.9.17
Notes £    £    £    £   
FIXED ASSETS
Investments 4 110 110

CURRENT ASSETS
Debtors 5 341,315 540,000
Cash at bank 8,202 110,738
349,517 650,738
CREDITORS
Amounts falling due within one year 6 22,959 549,026
NET CURRENT ASSETS 326,558 101,712
TOTAL ASSETS LESS CURRENT
LIABILITIES
326,668
101,822

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 326,667 101,821
SHAREHOLDERS' FUNDS 326,668 101,822

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 15 May 2019 and were signed on its behalf by:





G D McGinty - Director


The notes form part of these financial statements

Page 2
CROSSHILL INVESTMENTS LIMITED (REGISTERED NUMBER: SC515975)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2018


1. STATUTORY INFORMATION

Crosshill Investments Limited is a private company, limited by shares , registered in Scotland. The company's
registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover represents services provided during the year, excluding value added tax.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that
it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Fixed asset investments
Fixed asset investments are stated at cost and reviewed for impairment as required.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2017
and 30 September 2018 110
NET BOOK VALUE
At 30 September 2018 110
At 30 September 2017 110

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.18 30.9.17
£    £   
Other debtors 100,460 540,000
Director's loan account 240,855 -
341,315 540,000

Page 3 continued...
CROSSHILL INVESTMENTS LIMITED (REGISTERED NUMBER: SC515975)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2018


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.18 30.9.17
£    £   
Director's loan account - 505,529
Taxation and social security 9,940 5,037
Other creditors 13,019 38,460
22,959 549,026

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 30 September 2018 the company had provided one of company's directors with loans totalling £240,855
(2017, £0). Interest has been charged on these loans at 2.5%.

8. RELATED PARTY DISCLOSURES

At 30 September 2017 one of the company's directors had provided the company with an interest free loan of
£505,529. There were no fixed repayment terms for this loan.

During the year to 30 September 2017 the company provided an interest free loan of £540,000 to its wholly
owned subsidiary, which was repaid during the year. There were no fixed repayment terms for this loan.

Page 4