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REGISTERED NUMBER: 13332372 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CROWN PROPERTIES (SCARBOROUGH) GROUP
LIMITED

CROWN PROPERTIES (SCARBOROUGH) GROUP
LIMITED (REGISTERED NUMBER: 13332372)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CROWN PROPERTIES (SCARBOROUGH) GROUP
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs Patricia Bernadette Ledden
Mr Joseph Ledden
Mrs Geraldine Louise Wilkinson
Mr David Andrew Ledden
Mrs Karen Bernadette Hill
Mrs Tracy Ann Jennings
Mr Anthony Charles Ledden
Mr Gerard Michael Ledden
Mrs Elaine Patricia Searle
Mrs Patricia Antoinette Stewart





REGISTERED OFFICE: Crown Garage
Back Albion Road
Scarborough
YO11 2BT





REGISTERED NUMBER: 13332372 (England and Wales)





ACCOUNTANTS: Fortus Limited
Business Advisors & Accountants
5&6 Manor Court
Manor Garth
Scarborough
North Yorkshire
YO11 3TU

CROWN PROPERTIES (SCARBOROUGH) GROUP
LIMITED (REGISTERED NUMBER: 13332372)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 5,314,904 5,314,904

CURRENT ASSETS
Debtors 5 503,429 703,429
Cash at bank 9,949 -
513,378 703,429
CREDITORS
Amounts falling due within one year 6 5,827,828 6,017,879
NET CURRENT LIABILITIES (5,314,450 ) (5,314,450 )
TOTAL ASSETS LESS CURRENT LIABILITIES 454 454

CAPITAL AND RESERVES
Called up share capital 454 454
454 454

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by:





Mr Gerard Michael Ledden - Director


CROWN PROPERTIES (SCARBOROUGH) GROUP
LIMITED (REGISTERED NUMBER: 13332372)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Crown Properties (Scarborough) Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The level of rounding used in the financial statements is to the nearest £1.

2. 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.

Preparation of consolidated financial statements
The financial statements contain information about Crown Properties (Scarborough) Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

CROWN PROPERTIES (SCARBOROUGH) GROUP
LIMITED (REGISTERED NUMBER: 13332372)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 April 2023
and 31 March 2024 5,314,904
NET BOOK VALUE
At 31 March 2024 5,314,904
At 31 March 2023 5,314,904

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 198,620 398,620
Amounts owed by associates 304,809 304,809
503,429 703,429

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 2,677,826 2,167,879
Other creditors 3,150,002 3,850,000
5,827,828 6,017,879

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other loans 1,150,000 3,850,000

The loan notes are secured by way of a fixed charge on 50% of the shares and share rights in the following subsidiaries of the company, Talbot House Limited, Ledden Developments Limited and Crown Properties (Scarborough) Limited.

8. RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption conferred by section 1AC.35 of FRS 102 Section 1A not to disclose transactions with wholly owned group members.