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Registered number: 13120962

Crown Developments (Smyth 1) Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024

Prepared By:
R F Love & Company
Chartered Accountant
Holly House
21d Chudleigh Road
Exeter
Devon
EX2 8TS

Crown Developments (Smyth 1) Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
DIRECTORS
Paul O'Brien
Adam Phelps
REGISTERED OFFICE
Unit 5 Victoria Grove
Bedminster
Bristol
BS3 4AN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13120962
ACCOUNTANTS
R F Love & Company
Chartered Accountant
Holly House
21d Chudleigh Road
Exeter
Devon
EX2 8TS

Crown Developments (Smyth 1) Limited

ACCOUNTS
FOR THEYEARENDED31/01/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Crown Developments (Smyth 1) Limited

BALANCE SHEET AT 31/01/2024
20242023
Notes££
FIXED ASSETS
Tangible assets32,342,0522,342,052
CURRENT ASSETS
Debtors5164,217139,297
Cash at bank and in hand3,5073,373
167,724142,670
CREDITORS: Amounts falling due within one year62,502,4022,473,714
NET CURRENT LIABILITIES(2,334,678)(2,331,044)
TOTAL ASSETS LESS CURRENT LIABILITIES7,37411,008
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account7,37211,006
SHAREHOLDERS' FUNDS7,37411,008
For the year ending 31/01/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 30/10/2024 and signed on their behalf by
.............................
Paul O'Brien
Director

Crown Developments (Smyth 1) Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. EMPLOYEES
20242023
No.No.
Average number of employees22
3. TANGIBLE FIXED ASSETS
Cost
At 31/01/2024
Depreciation
At 31/01/2024
Net Book Amounts
At 31/01/2024
4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/02/20232,342,0522,342,052
At 31/01/20242,342,0522,342,052

Crown Developments (Smyth 1) Limited

5. DEBTORS 20242023
££
Amounts falling due within one year
Directors current account22
22
Amounts falling due over more than one year
Long term debtor164,215139,295
164,215139,295
164,217139,297
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax3,207-
Mortgage1,700,8711,698,541
Long term creditor796,258773,160
Trade creditors13-
Accruals2,0532,013
2,502,4022,473,714
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22