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Company Registration No. 07918630 (England and Wales)
Crown Cycles Limited Unaudited accounts for the year ended 31 January 2025
Crown Cycles Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Crown Cycles Limited Company Information for the year ended 31 January 2025
Director
Mark Hill
Company Number
07918630 (England and Wales)
Registered Office
94 St Margarets Grove Twickenham TW1M 1JG United Kingdom
Accountants
Noakin Associates Limited 86 Orchid Close Luton Bedfordshire LU3 3EX
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Crown Cycles Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
298 
397 
Current assets
Inventories
20,000 
25,000 
Debtors
5
3,438 
3,438 
Cash at bank and in hand
63,670 
57,151 
87,108 
85,589 
Creditors: amounts falling due within one year
6
(101,470)
(109,507)
Net current liabilities
(14,362)
(23,918)
Net liabilities
(14,064)
(23,521)
Capital and reserves
Called up share capital
7
100 
100 
Profit and loss account
(14,164)
(23,621)
Shareholders' funds
(14,064)
(23,521)
For the year ending 31 January 2025 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 his 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 22 October 2025 and were signed on its behalf by
Mark Hill Director Company Registration No. 07918630
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Crown Cycles Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Crown Cycles Limited is a private company, limited by shares, registered in England and Wales, registration number 07918630. The registered office is 94 St Margarets Grove, Twickenham, TW1M 1JG, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
-25% on Reducing Balance
Computer equipment
-25% 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
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
8,899 
1,467 
10,366 
At 31 January 2025
8,899 
1,467 
10,366 
Depreciation
At 1 February 2024
8,617 
1,352 
9,969 
Charge for the year
70 
29 
99 
At 31 January 2025
8,687 
1,381 
10,068 
Net book value
At 31 January 2025
212 
86 
298 
At 31 January 2024
282 
115 
397 
- 5 -
Crown Cycles Limited Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
3,438 
3,438 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
3,046 
1,539 
Taxes and social security
195 
(295)
Other creditors
37 
97 
Loans from directors
98,192 
108,166 
101,470 
109,507 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mark Hill
Loans to and from director
(108,075)
9,883 
- 
(98,192)
(108,075)
9,883 
- 
(98,192)
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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