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Company Registration No. 03431171 (England and Wales)
CROWN EXCEL LIMITED Unaudited accounts for the year ended 30 September 2024
CROWN EXCEL LIMITED Unaudited accounts Contents
Page
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CROWN EXCEL LIMITED Company Information for the year ended 30 September 2024
Director
PATEL, Dharmistha Ashok Kumar
Company Number
03431171 (England and Wales)
Registered Office
60 Greenways Ovingdean Brighton BN2 7BL England
Accountants
Premium Accounting Services Limited A4-55 Peel Road, Harrow Harrow Middlesex HA3 7QT
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CROWN EXCEL LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
682,630 
682,630 
Current assets
Debtors
1,259,726 
1,241,028 
Cash at bank and in hand
61,046 
86,236 
1,320,772 
1,327,264 
Creditors: amounts falling due within one year
(679,137)
(701,492)
Net current assets
641,635 
625,772 
Total assets less current liabilities
1,324,265 
1,308,402 
Creditors: amounts falling due after more than one year
(229,515)
(229,515)
Net assets
1,094,750 
1,078,887 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,094,650 
1,078,787 
Shareholders' funds
1,094,750 
1,078,887 
For the year ending 30 September 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 June 2025 and were signed on its behalf by
PATEL, Dharmistha Ashok Kumar Director Company Registration No. 03431171
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CROWN EXCEL LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
CROWN EXCEL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03431171. The registered office is 60 Greenways, Ovingdean, Brighton, BN2 7BL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Investment property
2024 
£ 
Fair value at 1 October 2023
682,630 
At 30 September 2024
682,630 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
1,957 
- 
Amounts due from group undertakings etc.
439,983 
431,770 
Other debtors
817,786 
809,258 
1,259,726 
1,241,028 
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CROWN EXCEL LIMITED Notes to the Accounts for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
440 
773 
Trade creditors
3,520 
5,674 
Taxes and social security
1,264 
1,115 
Other creditors
331,627 
331,627 
Loans from directors
332,136 
358,916 
Accruals
10,150 
3,387 
679,137 
701,492 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
229,515 
229,515 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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