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REGISTERED NUMBER: 09261481 (England and Wales)















Financial Statements for the Year Ended 31 October 2023

for

CROWN INVESTMENTS LIMITED

CROWN INVESTMENTS LIMITED (REGISTERED NUMBER: 09261481)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CROWN INVESTMENTS LIMITED

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Mr A Peel
Mr K Peel





REGISTERED OFFICE: 1&2 Studley Court Mews
Studley Court
Guildford Road
Chobham
Surrey
GU24 8EB





REGISTERED NUMBER: 09261481 (England and Wales)





ACCOUNTANTS: THB LLP
1 & 2 Studley Court Mews
Studley Court
Guildford Road
Chobham
Surrey
GU24 8EB

CROWN INVESTMENTS LIMITED (REGISTERED NUMBER: 09261481)

Balance Sheet
31 October 2023

31/10/23 31/10/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 444 592

CURRENT ASSETS
Stocks 4 50,061 40,303
Debtors 5 14,236 -
Cash at bank 153,500 136,273
217,797 176,576
CREDITORS
Amounts falling due within one year 6 218,111 174,207
NET CURRENT (LIABILITIES)/ASSETS (314 ) 2,369
TOTAL ASSETS LESS CURRENT
LIABILITIES

130

2,961

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 128 2,959
SHAREHOLDERS' FUNDS 130 2,961

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 30 July 2024 and were signed on its behalf by:





Mr A Peel - Director


CROWN INVESTMENTS LIMITED (REGISTERED NUMBER: 09261481)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. ACCOUNTING POLICIES

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

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer and equipment - 25% (RB)

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 1,403
DEPRECIATION
At 1 November 2022 811
Charge for year 148
At 31 October 2023 959
NET BOOK VALUE
At 31 October 2023 444
At 31 October 2022 592

4. STOCKS
31/10/23 31/10/22
£    £   
Stocks 50,061 40,303

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Trade debtors 14,236 -

CROWN INVESTMENTS LIMITED (REGISTERED NUMBER: 09261481)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Taxation and social security 7,334 6,651
Other creditors 210,777 167,556
218,111 174,207

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/10/23 31/10/22
value: £    £   
2 Ordinary £1 2 2

8. RESERVES
Retained
earnings
£   

At 1 November 2022 2,959
Profit for the year 16,569
Dividends (19,400 )
At 31 October 2023 128

9. RELATED PARTY DISCLOSURES

At the year end the company owed an amount of £ 206,746 (2022 : £159,298) to the directors.