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REGISTERED NUMBER: 10903702 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 SEPTEMBER 2022 TO 30 NOVEMBER 2023

FOR

CROWN & BEAR LTD

CROWN & BEAR LTD (REGISTERED NUMBER: 10903702)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2022 TO 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CROWN & BEAR LTD

COMPANY INFORMATION
FOR THE PERIOD 1 SEPTEMBER 2022 TO 30 NOVEMBER 2023







DIRECTOR: S L Downes





REGISTERED OFFICE: The Rectory Mansion
48 High Street
Brading
Isle of Wight
PO36 0DQ





REGISTERED NUMBER: 10903702 (England and Wales)





ACCOUNTANTS: Mackenzies Accountants Limited
Chartered Accountants
1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA

CROWN & BEAR LTD (REGISTERED NUMBER: 10903702)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 14,675 14,143

CURRENT ASSETS
Stocks 2,339 1,500
Debtors 5 3,499 -
Cash at bank 1,721 21,062
7,559 22,562
CREDITORS
Amounts falling due within one year 6 54,856 30,736
NET CURRENT LIABILITIES (47,297 ) (8,174 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(32,622

)

5,969

CREDITORS
Amounts falling due after more than one
year

7

6,526

-
NET (LIABILITIES)/ASSETS (39,148 ) 5,969

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings (39,149 ) 5,968
SHAREHOLDERS' FUNDS (39,148 ) 5,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CROWN & BEAR LTD (REGISTERED NUMBER: 10903702)

BALANCE SHEET - continued
30 NOVEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





S L Downes - Director


CROWN & BEAR LTD (REGISTERED NUMBER: 10903702)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2022 TO 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Crown & Bear Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2022 - 6 ) .

CROWN & BEAR LTD (REGISTERED NUMBER: 10903702)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2022 TO 30 NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£ £ £ £
COST
At 1 September 2022 27,389 - 437 27,826
Additions 3,094 4,000 749 7,843
Disposals - (4,000 ) - (4,000 )
At 30 November 2023 30,483 - 1,186 31,669
DEPRECIATION
At 1 September 2022 13,508 - 175 13,683
Charge for period 3,119 - 192 3,311
At 30 November 2023 16,627 - 367 16,994
NET BOOK VALUE
At 30 November 2023 13,856 - 819 14,675
At 31 August 2022 13,881 - 262 14,143

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Amounts owed by group undertakings 3,499 -

The Debtors balance of £3,499 (2022: £Nil) is an amount due from Roast Runner Ltd where Stuart Lee Downes is also a director.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 8,595 5,206
Trade creditors 732 -
Tax 7,040 1,325
Social security and other taxes 4,222 -
VAT 18,177 23,725
Directors' current accounts 14,210 -
Accrued expenses 1,880 480
54,856 30,736

CROWN & BEAR LTD (REGISTERED NUMBER: 10903702)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2022 TO 30 NOVEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£ £
Bank loans - 1-2 years 1,740 -
Bank loans - 2-5 years 4,786 -
6,526 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1 Ordinary 1 1 1