CROSS_HOUSE_BUILDINGS_LIM - Accounts


Company Registration Number 00555477 (England and Wales)
CROSS HOUSE BUILDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016
PAGES FOR FILING WITH REGISTRAR
CROSS HOUSE BUILDINGS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2016
31 December 2016
- 1 -
2016
2015
£
£
£
£
Fixed assets
3,399,201
5,075,365
Current assets
1,474,360
835,098
Prepayments and accrued income
11,975
23,475
Creditors: amounts falling due within one year
(171,904)
(367,791)
Net current assets
1,314,431
490,782
Total assets less current liabilities
4,713,632
5,566,147
Creditors: amounts falling due after more than one year
-
(456,000)
Net assets
4,713,632
5,110,147
Capital and reserves
4,713,632
5,110,147
Notes to the financial statements
1.
Financial commitments, guarantees and contingencies

Financial Commitments

At the year end the company had entered a Participation Agreement to acquire with others through 34 Sloane Court West Freehold Limited the freehold of a block of flats which acquisition was completed following the year end. The company's share of the purchase price amounted to £487,173 and the company also provided a loan note of £11,272 which will be repaid on the sale of a flat occupied under a service tenancy by the building's porter. The company also acquired a leasehold interest in one of the flats following the year end for £1,250,000.

Cross House Buildings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Styford Hall, Stocksfield, Northumberland, NE43 7TY. The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

 

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

T he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

CROSS HOUSE BUILDINGS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2016
31 December 2016
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.

The financial statements were approved by the board of directors and authorised for issue on 16 June 2017 and are signed on its behalf by:
Mr R A Dickinson
Director
Company Registration Number 00555477
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