Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 1 true 2024-04-01 false Selling and distribution oF dried yeast and other bakery products 1 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00879831 2024-04-01 2025-03-31 00879831 2023-04-01 2024-03-31 00879831 2025-03-31 00879831 2024-03-31 00879831 2023-04-01 00879831 c:Director1 2024-04-01 2025-03-31 00879831 d:FurnitureFittings 2024-04-01 2025-03-31 00879831 d:FurnitureFittings 2025-03-31 00879831 d:FurnitureFittings 2024-03-31 00879831 d:OfficeEquipment 2024-04-01 2025-03-31 00879831 d:OfficeEquipment 2025-03-31 00879831 d:OfficeEquipment 2024-03-31 00879831 d:CurrentFinancialInstruments 2025-03-31 00879831 d:CurrentFinancialInstruments 2024-03-31 00879831 d:Non-currentFinancialInstruments 2025-03-31 00879831 d:Non-currentFinancialInstruments 2024-03-31 00879831 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 00879831 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 00879831 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 00879831 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 00879831 d:ShareCapital 2025-03-31 00879831 d:ShareCapital 2024-03-31 00879831 d:ShareCapital 2023-04-01 00879831 d:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 00879831 d:RetainedEarningsAccumulatedLosses 2025-03-31 00879831 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 00879831 d:RetainedEarningsAccumulatedLosses 2024-03-31 00879831 d:RetainedEarningsAccumulatedLosses 2023-04-01 00879831 c:FRS102 2024-04-01 2025-03-31 00879831 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 00879831 c:FullAccounts 2024-04-01 2025-03-31 00879831 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00879831 d:OtherDeferredTax 2025-03-31 00879831 d:OtherDeferredTax 2024-03-31 00879831 2 2024-04-01 2025-03-31 00879831 6 2024-04-01 2025-03-31 00879831 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 00879831 CROWN YEAST COMPANY LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
CROWN YEAST COMPANY LIMITED REGISTERED NUMBER: 00879831 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 5 |  | 2,011,435 |  | 2,031,991
|  |  | 2,011,435 |  | 2,031,991
Current assets |  |  |  |  |
Stocks |  | 5,000 |  | 5,000 |
Debtors: amounts falling due within one year | 6 | 85,994 |  | 2,796 |
Cash at bank and in hand |  | 135,259 |  | 172,009 |
|  | 226,253 |  | 179,805 |
Creditors: amounts falling due within one year | 7 | (150,014) |  | (105,905) |
Net current assets |  |  | 76,239 |  | 73,900
Total assets less current liabilities |  |  | 2,087,674 |  | 2,105,891
Creditors: amounts falling due after more than one year | 8 |  | (600,000) |  | (600,000)
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 | (99,482) |  | (128,218) |
|  |  | (99,482) |  | (128,218)
Net assets |  |  | 1,388,192 |  | 1,377,673
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 5,000 |  | 5,000
Profit and loss account |  |  | 1,383,192 |  | 1,372,673
|  |  | 1,388,192 |  | 1,377,673
The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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. Page 1
CROWN YEAST COMPANY LIMITED REGISTERED NUMBER: 00879831 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 October 2025.
D. P. N. Bushell
Director
The notes on pages 4 to 10 form part of these financial statements. Page 2
CROWN YEAST COMPANY LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 MARCH 2025
| Called up share capital | Profit and loss account | Total equity
| £ | £ | £
At 1 April 2023 | 5,000 | 1,220,279 | 1,225,279
Comprehensive income for the year |  |  |
Profit for the year | - | 152,394 | 152,394
At 1 April 2024 | 5,000 | 1,372,673 | 1,377,673
Comprehensive income for the year |  |  |
Profit for the year | - | 10,519 | 10,519
At 31 March 2025 | 5,000 | 1,383,192 | 1,388,192
| The notes on pages 4 to 10 form part of these financial statements.
Page 3
CROWN YEAST COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Crown Yeast Company Limited is a private company limited by share capital, incorporated in England and Wales, registration number 00879831. The address of the registered office is Amp House, 4th Floor, Dingwall Road, Croydon, Surrey, CR0 2LX. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
| 2.3 | Revenue
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value added Tax and trade discounts. Page 4
CROWN YEAST COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.4 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.7 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Page 5
CROWN YEAST COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.7 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Computer equipment | - | 33 1/3% straight line
|  |  |  | Office equipment | - | 25% straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.8 | Valuation of investments
Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.9 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 6
CROWN YEAST COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.13 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.14 | Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and third parties, loans to related parties and investments in ordinary shares. Financial instruments that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income including profit and loss. Financial assets and liabilties are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Other financial assets Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
Page 7
CROWN YEAST COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Fixtures & fittings | Office equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2024 | 6,722 | 15,498 | 22,220
| At 31 March 2025 | 6,722 | 15,498 | 22,220
| Depreciation |  |  |
| At 1 April 2024 | 6,722 | 15,498 | 22,220
| At 31 March 2025 | 6,722 | 15,498 | 22,220
| Net book value |  |  |
| At 31 March 2025 | - | - | -
| At 31 March 2024 | - | - | -
Page 8
CROWN YEAST COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Fixed asset investments
|  | Listed investments
|  | £
| Cost or valuation |
| At 1 April 2024 | 2,031,991
| Additions | 441,231
| Disposals | (418,169)
| Revaluations | (43,618)
| At 31 March 2025 | 2,011,435
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 61,131 | -
| Other debtors | 24,863 | 2,796
|  | 85,994 | 2,796
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 49,585 | 21,980
| Corporation tax | 12,305 | -
| Other creditors | 82,824 | 78,625
| Accruals and deferred income | 5,300 | 5,300
|  | 150,014 | 105,905
Page 9
CROWN YEAST COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 600,000 | 600,000
|  | 600,000 | 600,000
| Other creditors represents a Directors loan which is only repayable as and when the company has sufficient funds in order to do so.
9. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (128,218)
| Charged to profit or loss | 28,736
| At end of year | (99,482)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| On investment revaluation gains | (99,482) | (128,218)
|  | (99,482) | (128,218)
Page 10