Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 false 2024-04-01 No description of principal activity false false 1 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07790296 2024-04-01 2025-03-31 07790296 2023-04-01 2024-03-31 07790296 2025-03-31 07790296 2024-03-31 07790296 c:Director1 2024-04-01 2025-03-31 07790296 d:FreeholdInvestmentProperty 2025-03-31 07790296 d:FreeholdInvestmentProperty 2024-03-31 07790296 d:CurrentFinancialInstruments 2025-03-31 07790296 d:CurrentFinancialInstruments 2024-03-31 07790296 d:Non-currentFinancialInstruments 2025-03-31 07790296 d:Non-currentFinancialInstruments 2024-03-31 07790296 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 07790296 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07790296 d:ShareCapital 2025-03-31 07790296 d:ShareCapital 2024-03-31 07790296 d:RetainedEarningsAccumulatedLosses 2025-03-31 07790296 d:RetainedEarningsAccumulatedLosses 2024-03-31 07790296 c:FRS102 2024-04-01 2025-03-31 07790296 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07790296 c:FullAccounts 2024-04-01 2025-03-31 07790296 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07790296 2 2024-04-01 2025-03-31 07790296 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 07790296 CROWNTHORPE LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
CROWNTHORPE LIMITED REGISTERED NUMBER: 07790296 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | - |  | 11,400
Investment property | 5 |  | 81,250 |  | 81,250
|  |  | 81,250 |  | 92,650
Current assets |  |  |  |  |
Debtors: amounts falling due after more than one year | 6 | 292,664 |  | 367,362 |
Debtors: amounts falling due within one year | 6 | 37,568 |  | 2,568 |
Cash at bank and in hand |  | 418,130 |  | 369,603 |
|  | 748,362 |  | 739,533 |
Creditors: amounts falling due within one year | 7 | (18,644) |  | (28,033) |
Net current assets |  |  | 729,718 |  | 711,500
Total assets less current liabilities |  |  | 810,968 |  | 804,150
Net assets |  |  | 810,968 |  | 804,150
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 810,868 |  | 804,050
|  |  | 810,968 |  | 804,150
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CROWNTHORPE LIMITED REGISTERED NUMBER: 07790296 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2025 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 her 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. 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 income statement 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 by:
................................................ R E Pye
Director
Date: 19 November 2025
The notes on pages 3 to 7 form part of these financial statements. Page 2
CROWNTHORPE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Crownthorpe Limited is a company limited by shares incorporated in England and Wales, registration number 07790296. The address of the registered office is Wood Farm, Wymondham Road, Crownthorpe, Norfolk, NR18 9ES. 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. The significant accounting polices applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. The following principal accounting policies have been applied:
| 2.2 | Turnover
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 is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Rendering of services Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
CROWNTHORPE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.4 | Pensions
Defined benefit pension plan The Company operates a defined benefit plan for certain employees. A defined benefit plan defines the pension benefit that the employee will receive on retirement, usually dependent upon several factors including but not limited to age, length of service and remuneration. A defined benefit plan is a pension plan that is not a defined contribution plan. The liability recognised in the Statement of financial position in respect of the defined benefit plan is the present value of the defined benefit obligation at the end of the reporting date less the fair value of plan assets at the reporting date (if any) out of which the obligations are to be settled. The defined benefit obligation is calculated using the projected unit credit method. Annually the company engages independent actuaries to calculate the obligation. The present value is determined by discounting the estimated future payments using market yields on high quality corporate bonds that are denominated in sterling and that have terms approximating to the estimated period of the future payments ('discount rate'). The fair value of plan assets is measured in accordance with the FRS102 fair value hierarchy and in accordance with the Company's policy for similarly held assets. This includes the use of appropriate valuation techniques. Actuarial gains and losses arising from experience adjustments and changes in actuarial assumptions are charged or credited to other comprehensive income. These amounts together with the return on plan assets, less amounts included in net interest, are disclosed as 'Remeasurement of net defined benefit liability'. The cost of the defined benefit plan, recognised in profit or loss as employee costs, except where included in the cost of an asset, comprises: a) the increase in net pension benefit liability arising from employee service during the period; and b) the cost of plan introductions, benefit changes, curtailments and settlements. The net interest cost is calculated by applying the discount rate to the net balance of the defined benefit obligation and the fair value of plan assets. This cost is recognised in profit or loss as a 'finance expense'.
| 2.5 | Taxation
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 reporting date in the countries where the Company operates and generates income. Page 4
CROWNTHORPE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Investment property
Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
| 2.7 | Associates and joint ventures
Associates and Joint Ventures are held at cost less impairment.
| 2.8 | 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.
| 2.9 | 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.
| 2.10 | 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.
| 2.11 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
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CROWNTHORPE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Fixed asset investments
|  | Investments in associates
|  | £
| At 1 April 2024 | 11,400
| Disposals | (11,400)
| At 31 March 2025 | -
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 April 2024 | 81,250
| At 31 March 2025 | 81,250
The 2025 valuations were made by the director, on an open market value for existing use basis.
| At 31 March 2025
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CROWNTHORPE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due after more than one year |  |
| Due from participating interests | - | 110,549
| Other debtors | 292,664 | 256,813
|  | 292,664 | 367,362
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due within one year |  |
| Other debtors | 35,000 | -
| Prepayments and accrued income | 2,568 | 2,568
|  | 37,568 | 2,568
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Corporation tax | - | 3,229
| Other creditors | 17,294 | 23,484
| Accruals and deferred income | 1,350 | 1,320
|  | 18,644 | 28,033
8. | Contingent liabilities
There is an outstanding charge over the freehold property at 10 Market Hill, Diss, Norfolk, IP22 4WJ.
Page 7