NEWCROWN INVESTMENTS LIMITED

Company Registration Number:
08359287 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

NEWCROWN INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

NEWCROWN INVESTMENTS LIMITED

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 120 120
Total fixed assets: 120 120
Current assets
Debtors:   682,302 685,082
Cash at bank and in hand: 619 1,568
Total current assets: 682,921 686,650
Creditors: amounts falling due within one year:   (2,730) (5,340)
Net current assets (liabilities): 680,191 681,310
Total assets less current liabilities: 680,311 681,430
Total net assets (liabilities): 680,311 681,430
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 680,211 681,330
Shareholders funds: 680,311 681,430

The notes form part of these financial statements

NEWCROWN INVESTMENTS LIMITED

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2024
and signed on behalf of the board by:

Name: Subhash K Lakhani
Status: Director

The notes form part of these financial statements

NEWCROWN INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NEWCROWN INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

NEWCROWN INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Fixed investments

The investment in subsidiary undertakings relates to the Investment in Newcrown Services Limited, a company incorporated in the UK, and is 60% owned by Newcrown Investments Limited.

NEWCROWN INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Related party transactions

Name of the related party: Newcrown Services Limited
Relationship:
Holding Company
Description of the Transaction: At the year end the company was owed £470,302 (2023- £ 473,082) by Newcrown Services Limited, a company which Newcrown Investments Limited owns 60% of shares.
£
Balance at 01 February 2023 473,082
Balance at 31 January 2024 470,302
Name of the related party: Shirade Properties Limited
Relationship:
Company under common control
Description of the Transaction: At the year end the company was owed £106,000 (2023- £106,000) by Shirade Properties Limited, a company under common control.
£
Balance at 01 February 2023 106,000
Balance at 31 January 2024 106,000
Name of the related party: Taraben Limited
Relationship:
Company under common control
Description of the Transaction: At the year end the company was owed £106,000 (2023- £106,000) by Taraben Limited, a company under common control.
£
Balance at 01 February 2023 106,000
Balance at 31 January 2024 106,000