Cross Gamma Limited - Accounts to registrar (filleted) - small 23.1.2
Cross Gamma Limited - Accounts to registrar (filleted) - small 23.1.2
| CROSS GAMMA LIMITED |
| REPORT OF THE DIRECTOR AND |
| ABRIDGED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED |
| 30 SEPTEMBER 2022 |
| CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 30 September 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| CROSS GAMMA LIMITED |
| COMPANY INFORMATION |
| for the year ended 30 September 2022 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 4 Churchill Court |
| 58 Station Road |
| North Harrow |
| Middlesex |
| HA2 7ST |
| BANKERS: |
| 2 Finsbury Avenue |
| London |
| EC2M 2PP |
| CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477) |
| BALANCE SHEET |
| 30 September 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 9 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Revaluation reserve | 11 |
| Retained earnings | 11 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477) |
| BALANCE SHEET - continued |
| 30 September 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 30 September 2022 |
| 1. | STATUTORY INFORMATION |
| Cross Gamma Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the year comprises current and deferred 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 or deferred 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. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 September 2022 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| Cost |
| At 1 October 2021 |
| Additions |
| At 30 September 2022 |
| Depreciation |
| At 1 October 2021 |
| Charge for year |
| At 30 September 2022 |
| Net book value |
| At 30 September 2022 |
| At 30 September 2021 |
| 6. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| Cost or valuation |
| At 1 October 2021 |
| Additions |
| Disposals | ( |
) |
| Revaluations |
| At 30 September 2022 |
| Net book value |
| At 30 September 2022 |
| At 30 September 2021 |
| Cost or valuation at 30 September 2022 is represented by: |
| Other |
| investments |
| £ |
| Valuation in 2020 | 965 |
| Valuation in 2021 | 15,741 |
| Valuation in 0 | 16,698 |
| Cost | 305,370 |
| 338,774 |
| CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 September 2022 |
| 6. | FIXED ASSET INVESTMENTS - continued |
| If fixed asset investments had not been revalued they would have been included at the following historical cost: |
| 2022 | 2021 |
| £ | £ |
| Cost | 305,370 | 301,635 |
| Fixed asset investments were valued on an open market value basis on 30 September 2022 by the company's stockbrokers. . |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| UK Corporation Tax |
| VAT | 5,413 | 11,454 |
| Directors' current accounts | 204,187 | 100,915 |
| Accrued expenses |
| 9. | PROVISIONS FOR LIABILITIES |
| 2022 | 2021 |
| £ | £ |
| Deferred tax | 8,818 | 4,643 |
| Deferred |
| tax |
| £ |
| Balance at 1 October 2021 |
| Provided during year |
| Balance at 30 September 2022 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2022 | 2021 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| CROSS GAMMA LIMITED (REGISTERED NUMBER: 12206477) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 September 2022 |
| 11. | RESERVES |
| Retained | Revaluation |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 October 2021 | 186,247 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| Revaluation of investments | - | 12,523 | 12,523 |
| At 30 September 2022 | 213,598 |
| 12. | CONTINGENT LIABILITIES |
| As far as the Board is aware, there were no contingent liabilities at the balance sheet date. |
| 13. | ULTIMATE CONTROLLING PARTY |
| The controlling party is A G Stalker. |