CROSSIER PROPERTIES LIMITED

CROSSIER PROPERTIES LIMITED

CROSSIER PROPERTIES LIMITED - Company Information

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CROSSIER PROPERTIES LIMITED

Company Registration Number:
02787759 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

CROSSIER PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

CROSSIER PROPERTIES LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets: 3 20,229 26,972
Tangible assets: 4 0 1,362
Investments: 5 13,535,000 13,243,020
Total fixed assets: 13,555,229 13,271,354
Current assets
Stocks: 3,598,084 2,756,611
Debtors:   1,951,591 1,721,723
Cash at bank and in hand: 120,241 92,846
Total current assets: 5,669,916 4,571,180
Creditors: amounts falling due within one year:   (2,106,332) (1,100,847)
Net current assets (liabilities): 3,563,584 3,470,333
Total assets less current liabilities: 17,118,813 16,741,687
Creditors: amounts falling due after more than one year:   (9,967,150) (9,640,750)
Total net assets (liabilities): 7,151,663 7,100,937
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:66,954,9356,662,954
Profit and loss account: 196,628 437,883
Shareholders funds: 7,151,663 7,100,937

The notes form part of these financial statements

CROSSIER PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 March 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 December 2020
and signed on behalf of the board by:

Name: Sohail Sarbuland
Status: Director

The notes form part of these financial statements

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 3 3

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Intangible Assets

Total
Cost £
At 01 April 2019 73,923
At 31 March 2020 73,923
Amortisation
At 01 April 2019 46,951
Charge for year 6,743
At 31 March 2020 53,694
Net book value
At 31 March 2020 20,229
At 31 March 2019 26,972

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Tangible Assets

Total
Cost £
At 01 April 2019 10,200
Disposals (10,200)
At 31 March 2020 0
Depreciation
At 01 April 2019 8,838
On disposals (8,838)
At 31 March 2020 0
Net book value
At 31 March 2020 0
At 31 March 2019 1,362

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

5. Fixed investments

Investment Properties

CROSSIER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

6. Revaluation reserve

2020
£
Balance at 01 April 2019 6,662,954
Surplus or deficit after revaluation 291,981
Balance at 31 March 2020 6,954,935