CROWN WORLDWIDE HOSPITALITY LTD


Director	MORGAN, Russell Lee Christopher


Registered Address	Unit 25 Ongar Business Centre The Gables
	Fyfield Road
	Ongar
	CM5 0GA


Registered Number	13218770 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	31 Dec 2024		31 Jul 2023
		£	£	£	£
Current assets
Debtors		195,435		160,967
Cash at bank and on hand		138,726		-
		334,161		160,967
Creditors amounts falling due within one year	3	(223,699)		(80,473)
Net current assets (liabilities)			110,462		80,494
Total assets less current liabilities			110,462		80,494
Net assets			110,462		80,494
Capital and reserves
Called up share capital			100		100
Profit and loss account			110,362		80,394
Shareholders' funds			110,462		80,494

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 20 September 2025, and are signed on its behalf by:

MORGAN, Russell Lee Christopher
Director
Registered Company No. 13218770

CROWN WORLDWIDE HOSPITALITY LTD

Notes to the Financial Statements
for the period ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		1

3.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	11,810	135
Bank borrowings and overdrafts	1,000	-
Taxation and social security	11,225	35,375
Other creditors	24,797	-
Accrued liabilities and deferred income	174,867	44,963
Total	223,699	80,473

4.	Change in reporting period and impact on comparability
	Previous Accounting Period: 12 months ending 31 July 2023 New Accounting Period: 17 months ending 31 December 2024 Reason for Change: The Company's accounting reference date was changed to 31 December 2024 to align with the accounting reference date of its main and only customer to whom the Company has to report their performance each year. Effect of the Change: The change resulted in the current reporting period being 17 months instead of the usual 12 months. This has been reflected in the comparative figures presented in the financial statements.

Change in reporting period and impact on comparability

Previous Accounting Period: 12 months ending 31 July 2023
New Accounting Period: 17 months ending 31 December 2024

Reason for Change:
The Company's accounting reference date was changed to 31 December 2024 to align with the accounting reference date of its main and only customer to whom the Company has to report their performance each year.

Effect of the Change:
The change resulted in the current reporting period being 17 months instead of the usual 12 months.  This has been reflected in the comparative figures presented in the financial statements.