Crownwood Estates (Farnham) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06693964

Crownwood Estates (Farnham) Limited

Filleted Unaudited Financial Statements

28 February 2025

Crownwood Estates (Farnham) Limited

Financial Statements

Year ended 28 February 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Crownwood Estates (Farnham) Limited

Statement of Financial Position

28 February 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	21,000	21,000

Current assets

Debtors	6	13,184	2,373
Cash at bank and in hand		28,635	45,998
		--------	--------
		41,819	48,371

Creditors: amounts falling due within one year	7	9,058	10,070
		--------	--------
Net current assets		32,761	38,301
		--------	--------
Total assets less current liabilities		53,761	59,301

Creditors: amounts falling due after more than one year	8	25,422	31,360
		--------	--------
Net assets		28,339	27,941
		--------	--------

Capital and reserves

Called up share capital	2	2
Other reserves	21,000	21,000
Profit and loss account	7,337	6,939
	--------	--------
Shareholders funds	28,339	27,941
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Crownwood Estates (Farnham) Limited

Statement of Financial Position (continued)

28 February 2025

These financial statements were approved by the board of directors and authorised for issue on 18 November 2025 , and are signed on behalf of the board by:

S Roots
Director

Company registration number: 06693964

Crownwood Estates (Farnham) Limited

Notes to the Financial Statements

Year ended 28 February 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Marlborough House, Millbrook, Guildford, Surrey, GU1 3YA, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The accounts have been prepared on a going concern basis which relies upon the continuing support of the director.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

During the year the average number of persons employed by the company was 1 (2024: 1).

5. Tangible assets

	Investment property
	£
Cost
At 1 March 2024 and 28 February 2025	21,000
	--------
Depreciation
At 1 March 2024 and 28 February 2025	–
	--------
Carrying amount
At 28 February 2025	21,000
	--------
At 29 February 2024	21,000
	--------

6. Debtors

	2025	2024
	£	£
Other debtors	13,184	2,373
	--------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	5,475	4,900
Trade creditors	1,458	1,458
Social security and other taxes	–	1,687
Other creditors	2,125	2,025
	-------	--------
	9,058	10,070
	-------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	25,422	31,360
	--------	--------

9. Director's advances, credits and guarantees

At the year end the company was owed £2 (2024: £2) from the director. During the year the company made aggregate advances of £Nil to the director and the director made £Nil repayments. No interest was charged on the outstanding balance.