03262930falseletting of properties2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director22023-04-012024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03262930

Crownmax Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Crownmax Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Mr H Patel
Mr K C Chan
SECRETARY
Mr H Patel
REGISTERED OFFICE
Sterling House
31/32 High street
Wellingborough
Northants
NN8 4HL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03262930
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Crownmax Limited

ACCOUNTS
FOR THEYEARENDED31/03/2024
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-

Crownmax Limited

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3831,934857,591
Investment Assets4393,691366,965
1,225,6251,224,556
CURRENT ASSETS
Debtors530326
Cash at bank and in hand67,52528,876
67,82828,902
CREDITORS: Amounts falling due within one year610,4727,905
NET CURRENT ASSETS57,35620,997
TOTAL ASSETS LESS CURRENT LIABILITIES1,282,9811,245,553
CAPITAL AND RESERVES
Called up share capital7202202
Profit and loss account1,282,7791,245,351
SHAREHOLDERS' FUNDS1,282,9811,245,553
For the year ending 31/03/2024 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 07/10/2024 and signed on their behalf by
.............................
Mr H Patel
Director
.............................
Mr K C Chan
Director

Crownmax Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
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. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 2%
Short Leasehold Propertiesstraight line 5%
1c. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
2. EMPLOYEES
20242023
No.No.
Average number of employees--

Crownmax Limited

3. TANGIBLE FIXED ASSETS
Land AndShort Leasehold
BuildingsPropertiesTotal
£££
Cost
At 01/04/2023873,014164,0491,037,063
At 31/03/2024873,014164,0491,037,063
Depreciation
At 01/04/2023122,07257,400179,472
For the year17,4578,20025,657
At 31/03/2024139,52965,600205,129
Net Book Amounts
At 31/03/2024733,48598,449831,934
At 31/03/2023750,942106,649857,591
4. FINANCIAL ASSETS
Listed
InvestmentsTotal
££
Cost
At 01/04/2023366,965366,965
Revaluation26,72626,726
At 31/03/2024393,691393,691
Amortisation
Net Book Amounts
At 31/03/2024393,691393,691
At 31/03/2023366,965366,965
The listed investments were revalued to open market value at the 31st March 2024. Open market value was considered to be the fair value of the assets.
5. DEBTORS 20242023
££
Amounts falling due within one year
Intercompany loans-26
Prepayments290-
Directors current account13-
30326

Crownmax Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax9,6196,836
Accruals853853
Intercompany loans-216
10,4727,905
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
202 Ordinary shares of £1 each202202
202202
8. CONTROLLING PARTY
The company is a wholly owned subsidiary of Lakeproppharm Ltd. Lakeproppharm Ltd is the ultimate parent company.