IRIS Accounts Production v24.2.0.383 04410653 director 1.5.22 28.4.23 28.4.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044106532022-04-30044106532023-04-28044106532022-05-012023-04-28044106532021-04-30044106532021-05-012022-04-30044106532022-04-3004410653ns15:EnglandWales2022-05-012023-04-2804410653ns14:PoundSterling2022-05-012023-04-2804410653ns10:Director12022-05-012023-04-2804410653ns10:PrivateLimitedCompanyLtd2022-05-012023-04-2804410653ns10:SmallEntities2022-05-012023-04-2804410653ns10:AuditExempt-NoAccountantsReport2022-05-012023-04-2804410653ns10:SmallCompaniesRegimeForAccounts2022-05-012023-04-2804410653ns10:FullAccounts2022-05-012023-04-2804410653ns10:CompanySecretary12022-05-012023-04-2804410653ns10:RegisteredOffice2022-05-012023-04-2804410653ns5:CurrentFinancialInstruments2023-04-2804410653ns5:CurrentFinancialInstruments2022-04-3004410653ns5:Non-currentFinancialInstruments2023-04-2804410653ns5:Non-currentFinancialInstruments2022-04-3004410653ns5:ShareCapital2023-04-2804410653ns5:ShareCapital2022-04-3004410653ns5:RetainedEarningsAccumulatedLosses2023-04-2804410653ns5:RetainedEarningsAccumulatedLosses2022-04-3004410653ns5:PlantMachinery2022-05-012023-04-2804410653ns5:ComputerEquipment2022-04-3004410653ns5:ComputerEquipment2022-05-012023-04-2804410653ns5:ComputerEquipment2023-04-2804410653ns5:ComputerEquipment2022-04-3004410653ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-2804410653ns5:WithinOneYearns5:CurrentFinancialInstruments2022-04-3004410653ns5:Secured2023-04-2804410653ns5:Secured2022-04-30
REGISTERED NUMBER: 04410653 (England and Wales)















CROWNGLEN LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 MAY 2022 TO 28 APRIL 2023






CROWNGLEN LIMITED (REGISTERED NUMBER: 04410653)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MAY 2022 TO 28 APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CROWNGLEN LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MAY 2022 TO 28 APRIL 2023







DIRECTOR: Mr S H Simons





SECRETARY: Mrs L P Moss





REGISTERED OFFICE: Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE





REGISTERED NUMBER: 04410653 (England and Wales)





ACCOUNTANTS: Kounnis And Partners Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

CROWNGLEN LIMITED (REGISTERED NUMBER: 04410653)

BALANCE SHEET
28 APRIL 2023

28.4.23 30.4.22
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 1,123 1,676
Investment property 5 100,000 100,000
101,123 101,676

CURRENT ASSETS
Debtors 6 166,406 787,739
Investments 7 200 200
Cash at bank 3,680 5,698
170,286 793,637
CREDITORS
Amounts falling due within one year 8 (156,434 ) (772,792 )
NET CURRENT ASSETS 13,852 20,845
TOTAL ASSETS LESS CURRENT
LIABILITIES

114,975

122,521

CREDITORS
Amounts falling due after more than one
year

9

(69,889

)

(76,024

)
NET ASSETS 45,086 46,497

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 44,986 46,397
SHAREHOLDERS' FUNDS 45,086 46,497

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CROWNGLEN LIMITED (REGISTERED NUMBER: 04410653)

BALANCE SHEET - continued
28 APRIL 2023


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 director and authorised for issue on 6 September 2024 and were signed by:





Mr S H Simons - Director


CROWNGLEN LIMITED (REGISTERED NUMBER: 04410653)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MAY 2022 TO 28 APRIL 2023


1. STATUTORY INFORMATION

Crownglen 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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 period was 1 (2022 - 1 ) .

CROWNGLEN LIMITED (REGISTERED NUMBER: 04410653)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2022 TO 28 APRIL 2023


4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 May 2022
and 28 April 2023 2,502
DEPRECIATION
At 1 May 2022 826
Charge for period 553
At 28 April 2023 1,379
NET BOOK VALUE
At 28 April 2023 1,123
At 30 April 2022 1,676

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022
and 28 April 2023 100,000
NET BOOK VALUE
At 28 April 2023 100,000
At 30 April 2022 100,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.4.23 30.4.22
£    £   
Trade debtors 4,522 1,877
Amounts owed by group undertakings 2,300 -
Other debtors 159,584 785,862
166,406 787,739

7. CURRENT ASSET INVESTMENTS
28.4.23 30.4.22
£    £   
Unlisted investments 200 200

CROWNGLEN LIMITED (REGISTERED NUMBER: 04410653)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2022 TO 28 APRIL 2023


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.4.23 30.4.22
£    £   
Bank loans and overdrafts 8,920 8,920
Trade creditors 8,187 8,645
Amounts owed to group undertakings 25,317 -
Other creditors 114,010 755,227
156,434 772,792

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.4.23 30.4.22
£    £   
Bank loans 69,889 76,024

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 34,209 40,344

10. SECURED DEBTS

The following secured debts are included within creditors:

28.4.23 30.4.22
£    £   
Bank loans 78,809 84,944

The bank facilities are secured by a fixed and floating charge over all the company's assets and undertakings.

11. CONTROLLING PARTY

The controlling party is Emense Investments Limited.