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Company Registration No. 12057658 (England and Wales)
Crown&Joy Ltd Unaudited accounts for the year ended 30 June 2023
Crown&Joy Ltd Unaudited accounts Contents
Page
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Crown&Joy Ltd Company Information for the year ended 30 June 2023
Director
Mr. Adejare Adesanya
Company Number
12057658 (England and Wales)
Registered Office
KEMP HOUSE 160 CITY ROAD LONDON EC1V 2NX UNITED KINGDOM
Accountants
Jabez AOO Accountants 29 Regent Square Belvedere Kent DA17 6EP
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Crown&Joy Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
82,841 
67,557 
Debtors
14,362 
29,261 
Cash at bank and in hand
2,785 
3,349 
99,988 
100,167 
Creditors: amounts falling due within one year
(109,153)
(91,045)
Net current (liabilities)/assets
(9,165)
9,122 
Total assets less current liabilities
(9,165)
9,122 
Creditors: amounts falling due after more than one year
(39,022)
(45,557)
Net liabilities
(48,187)
(36,435)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(48,188)
(36,436)
Shareholders' funds
(48,187)
(36,435)
For the year ending 30 June 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 April 2024 and were signed on its behalf by
Mr. Adejare Adesanya Director Company Registration No. 12057658
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Crown&Joy Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Crown&Joy Ltd is a private company, limited by shares, registered in England and Wales, registration number 12057658. The registered office is KEMP HOUSE, 160 CITY ROAD, LONDON, EC1V 2NX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,362 
29,261 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
79,200 
68,500 
Other creditors
600 
22,545 
Loans from directors
29,353 
- 
109,153 
91,045 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
39,022 
45,557 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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