03262930falseletting of properties2021-04-012022-03-31http://www.companieshouse.gov.uk/2021-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2021-03-31http://www.companieshouse.gov.uk/cd:Director12021-04-012022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director22021-04-012022-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12021-04-012022-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2021-04-012022-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2021-04-012022-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2021-03-31http://www.companieshouse.gov.uk/2021-04-012022-03-31http://www.companieshouse.gov.uk/2021-03-31http://www.companieshouse.gov.uk/cd:FRS1022021-04-012022-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2021-04-012022-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2021-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2021-04-012022-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2022-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03262930

Crownmax Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2022

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Crownmax Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2022
DIRECTORS
Mr H Patel
Mr K C Chan
SECRETARY
Mr H Patel
REGISTERED OFFICE
Sterling House
31/32 High street
Wellingborough
Northants
NN8 4HL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03262930
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Crownmax Limited

ACCOUNTS
FOR THEYEARENDED31/03/2022
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Crownmax Limited

BALANCE SHEET AT 31/03/2022
20222021
Notes££
FIXED ASSETS
Tangible assets3883,248908,905
Investment Assets4375,656361,016
1,258,9041,269,921
CURRENT ASSETS
Debtors576,06876,313
Cash at bank and in hand30,414121,034
106,482197,347
CREDITORS: Amounts falling due within one year646,80459,946
NET CURRENT ASSETS59,678137,401
TOTAL ASSETS LESS CURRENT LIABILITIES1,318,5821,407,322
CREDITORS: Amounts falling due after more than one year7-68,370
NET ASSETS1,318,5821,338,952
CAPITAL AND RESERVES
Called up share capital8202202
Profit and loss account1,318,3801,338,750
SHAREHOLDERS' FUNDS1,318,5821,338,952

Crownmax Limited

BALANCE SHEET AT 31/03/2022
For the year ending 31/03/2022 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28/06/2022 and signed on their behalf by
.............................
Mr H Patel
Director
.............................
Mr K C Chan
Director

Crownmax Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2022
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 2%
Short Leasehold Propertiesstraight line 5%
1c. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.
1d. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
2. EMPLOYEES
20222021
No.No.
Average number of employees--

Crownmax Limited

3. TANGIBLE FIXED ASSETS
Land AndShort Leasehold
BuildingsPropertiesTotal
£££
Cost
At 01/04/2021873,014164,0491,037,063
At 31/03/2022873,014164,0491,037,063
Depreciation
At 01/04/202187,15841,000128,158
For the year17,4578,20025,657
At 31/03/2022104,61549,200153,815
Net Book Amounts
At 31/03/2022768,399114,849883,248
At 31/03/2021785,856123,049908,905
4. FINANCIAL ASSETS
Listed
InvestmentsTotal
££
Cost
At 01/04/2021361,016361,016
Revaluation14,64014,640
At 31/03/2022375,656375,656
Amortisation
Net Book Amounts
At 31/03/2022375,656375,656
At 31/03/2021361,016361,016
The listed investments were revalued to open market value at the 31st March 2022. Open market value was considered to be the fair value of the assets.
5. DEBTORS 20222021
££
Amounts falling due within one year
VAT839
Other debtors2-
Amounts due from group companies76,05876,274
76,06876,313

Crownmax Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20222021
££
UK corporation tax6,5847,260
Directors current account19,48319,483
Directors current account19,88519,885
Bank Loan-12,466
Accruals852852
46,80459,946
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20222021
££
Bank loans (unsecured) >1yr-68,370
-68,370
8. SHARE CAPITAL 20222021
££
Allotted, issued and fully paid:
202 Ordinary shares of £1 each202202
202202
9. CONTROLLING PARTY
The company is a wholly owned subsidiary of Lakeproppharm Ltd. Lakeproppharm Ltd is the ultimate parent company.