Crosshill Investments Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: SC515975 (Scotland)

CROSSHILL INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

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

FIXED ASSETS

Investments

4

110

100

CURRENT ASSETS

Debtors

5

540,000

35,000

Cash at bank

110,738

12,500

650,738

47,500

CREDITORS

Amounts falling due within one year

6

549,026

10,169

NET CURRENT ASSETS

101,712

37,331

TOTAL ASSETS LESS CURRENT LIABILITIES

101,822

37,431

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

101,821

37,430

SHAREHOLDERS' FUNDS

101,822

37,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 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 June 2018 and were signed on its behalf by:

G D McGinty - Director

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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Crosshill Investments Limited as an individual company and do not

contain consolidated financial information as the parent of a group. The company has taken the option under Section 398 of

the Companies Act 2006 not to prepare consolidated financial statements.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - NIL ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 October 2016

100

Additions

10

At 30 September 2017

110

NET BOOK VALUE

At 30 September 2017

110

At 30 September 2016

100

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Trade debtors

-

35,000

Other debtors

540,000

-

540,000

35,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Director's loan account

505,529

311

Taxation and social security

5,037

9,358

Other creditors

38,460

500

549,026

10,169

7.	RELATED PARTY DISCLOSURES