Company Registration No. 05623081 (England and Wales)
Crown Home Assist Limited
Unaudited accounts
for the year ended 31 January 2024
Crown Home Assist Limited
Unaudited accounts
Contents
Crown Home Assist Limited
Company Information
for the year ended 31 January 2024
Directors
Michael Hitchcock
Richard Fretwell
Company Number
05623081 (England and Wales)
Registered Office
St James House, Albert Court
Peasehill Road
RIPLEY
Derbyshire
DE5 3AQ
England
Accountants
Accounting Matters Limited
17 Wellington Street
Ripley
Derbyshire
DE5 3EH
Crown Home Assist Limited
Statement of financial position
as at 31 January 2024
Tangible assets
46,618
60,623
Inventories
898,198
897,146
Cash at bank and in hand
169,627
118,905
Creditors: amounts falling due within one year
(539,891)
(600,220)
Net current assets
760,567
879,220
Total assets less current liabilities
807,185
939,843
Creditors: amounts falling due after more than one year
(9,042)
(15,813)
Provisions for liabilities
Deferred tax
(8,857)
(11,518)
Net assets
789,286
912,512
Called up share capital
3
3
Profit and loss account
789,283
912,509
Shareholders' funds
789,286
912,512
For the year ending 31 January 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by
Michael Hitchcock
Director
Company Registration No. 05623081
Crown Home Assist Limited
Notes to the Accounts
for the year ended 31 January 2024
Crown Home Assist Limited is a private company, limited by shares, registered in England and Wales, registration number 05623081. The registered office is St James House, Albert Court, Peasehill Road, RIPLEY, Derbyshire, DE5 3AQ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
30%/20% reducing balance
4
Tangible fixed assets
Total
At 1 February 2023
176,263
At 31 January 2024
176,263
At 1 February 2023
115,640
Charge for the year
14,005
At 31 January 2024
129,645
Crown Home Assist Limited
Notes to the Accounts
for the year ended 31 January 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors advances
27
2,810
-
2,837
Directors advances
167
9,453
-
9,620
6
Transactions with related parties
During the year the Company entered into the following transactions with related parties:
Crown Construction (Contracting) Ltd
Transaction value 2024 £8,378 2023 £43,743
Balance owed by/(owed to) 2024 £2,020 2023 £20,454
Crown Construction (Developments) Ltd
Transaction value 2024 (£12,000) 2023 (£12,000)
Balance owed by/(owed to) 2024 Nil 2023 Nil
Crown Construction (Contracting) Ltd
Transaction value 2024 (£209,838) 2023 (£271,930)
Balance owed by/(owed to) 2024 (£205,626) 2023 (£310,902)
During the year the Company made sales to Crown Construction (Contracting) Ltd of £8,378. Included within year end debtors are amounts owed by Crown Construction (Contracting) Ltd of £2,020. During the year the Company made purchases of £12,000 from Crown Construction (Developments) Ltd. Included within year end creditors are amounts owed to Crown Construction (Developments) Ltd of Nil. During the year the Company made purchases of £209,838 from Crown Construction (Contracting) Ltd. Included within year end creditors are amounts owed to Crown Construction (Contracting) Ltd of £205,626.
7
Average number of employees
During the year the average number of employees was 10 (2023: 10).