Registered number: 03262930 | ||||||||
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 | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
Northants | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
Investment Assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
67,828 | 28,902 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 20,997 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 1,282,779 | 1,245,351 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
Land And Buildings | straight line 2% | |||||||
Short Leasehold Properties | straight 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 | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
Crownmax Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Land And | Short Leasehold | |||||
Buildings | Properties | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/04/2023 | 873,014 | 164,049 | 1,037,063 | |||
At 31/03/2024 | 873,014 | 164,049 | 1,037,063 | |||
Depreciation | ||||||
At 01/04/2023 | 122,072 | 57,400 | 179,472 | |||
For the year | 17,457 | 8,200 | 25,657 | |||
At 31/03/2024 | 139,529 | 65,600 | 205,129 | |||
Net Book Amounts | ||||||
At 31/03/2024 | 98,449 | 831,934 | ||||
At 31/03/2023 | 106,649 | 857,591 | ||||
4. FINANCIAL ASSETS | |||||||||
Listed | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/04/2023 | 366,965 | 366,965 | |||||||
Revaluation | 26,726 | 26,726 | |||||||
At 31/03/2024 | 393,691 | 393,691 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/03/2024 | 393,691 | 393,691 | |||||||
At 31/03/2023 | 366,965 | 366,965 | |||||||
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 | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Intercompany loans | - | 26 | ||||||
Prepayments | 290 | - | ||||||
Directors current account | 13 | - | ||||||
303 | 26 | |||||||
Crownmax Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 9,619 | 6,836 | ||||||
Accruals | 853 | 853 | ||||||
Intercompany loans | - | 216 | ||||||
10,472 | 7,905 | |||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
202 | 202 | |||||||
202 | 202 | |||||||
8. CONTROLLING PARTY | ||||||||
The company is a wholly owned subsidiary of Lakeproppharm Ltd. Lakeproppharm Ltd is the ultimate parent company. | ||||||||