REGISTERED NUMBER: 10467697 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CROWN NORTHAMPTON LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C S Woodford

REGISTERED OFFICE:

Unit 86

Bunting Road

Northampton

Northamptonshire

NN2 6EE

REGISTERED NUMBER:

10467697 (England and Wales)

ACCOUNTANTS:

Ad Valorem Accountancy Services Limited

Chartered Certified Accountants

2 Manor Farm Court

Old Wolverton Road

Old Wolverton

Buckinghamshire

MK12 5NN

FIXED ASSETS

Tangible assets

4

5,761

10,728

CURRENT ASSETS

Debtors

5

239,503

180,248

Cash at bank

21,776

106,810

261,279

287,058

CREDITORS

Amounts falling due within one year

6

238,329

305,006

NET CURRENT ASSETS/(LIABILITIES)

22,950

(17,948

)

TOTAL ASSETS LESS CURRENT LIABILITIES

28,711

(7,220

)

CREDITORS

Amounts falling due after more than one year

7

129,819

19,302

NET LIABILITIES

(101,108

)

(26,522

)

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

(101,109

)

(26,523

)

SHAREHOLDERS' FUNDS

(101,108

)

(26,522

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

C S Woodford - Director

1.	STATUTORY INFORMATION

Crown Northampton 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

-

25% on cost

Computer equipment

-

33% on cost

TAXATION

Taxation for the year comprises of current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

24,249

1,229

25,478

Additions

-

666

666

At 31 December 2024

24,249

1,895

26,144

DEPRECIATION

At 1 January 2024

13,711

1,039

14,750

Charge for year

5,345

288

5,633

At 31 December 2024

19,056

1,327

20,383

NET BOOK VALUE

At 31 December 2024

5,193

568

5,761

At 31 December 2023

10,538

190

10,728

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

17,085

23,344

Amounts owed by associates

165,518

90,518

Other debtors

56,900

66,386

239,503

180,248

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

35,472

7,887

Trade creditors

125,755

85,555

Amounts owed to associates

75,331

82,449

Other creditors

1,771

129,115

238,329

305,006

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

129,819

19,302

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

1

1

1

9.	RELATED PARTY DISCLOSURES

During the year transactions were made to Chancery Footwear Limited and E Woodford Shoe Academy Limited, companies which are under common control. At the balance sheet date the company owed Chancery Footwear Limited £75,331.20 (2023 - £82,448.57), and was owed £165,517.72 (2023 - £90,517.72) by E Woodford Shoe Academy.

10.	GOING CONCERN

The directors have confirmed the company is a going concern and will continue to support and ensure the company retains sufficient working capital to continue trading for the foreseeable future.