REGISTERED NUMBER: 10728354 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Gold Crown (Devon) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs M F Chu

REGISTERED OFFICE:

The Coach House

1 Howard Road

Reigate

Surrey

RH2 7JE

REGISTERED NUMBER:

10728354 (England and Wales)

ACCOUNTANTS:

ACL & Co

Chartered Certified Accountants

The Coach House

1 Howard Road

Reigate

RH2 7JE

FIXED ASSETS

Intangible assets

4

48,000

54,000

Tangible assets

5

699

932

48,699

54,932

CURRENT ASSETS

Stocks

1,000

1,000

Cash at bank and in hand

1,996

3,879

2,996

4,879

CREDITORS

Amounts falling due within one year

6

79,503

79,712

NET CURRENT LIABILITIES

(76,507

)

(74,833

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(27,808

)

(19,901

)

CREDITORS

Amounts falling due after more than one year

7

6,670

10,713

NET LIABILITIES

(34,478

)

(30,614

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(34,578

)

(30,714

)

(34,478

)

(30,614

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 27 October 2025 and were signed by:

Mrs M F Chu - Director

1.	STATUTORY INFORMATION

Gold Crown (Devon) 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

90,000

AMORTISATION

At 1 May 2024

36,000

Charge for year

6,000

At 30 April 2025

42,000

NET BOOK VALUE

At 30 April 2025

48,000

At 30 April 2024

54,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

and 30 April 2025

4,518

DEPRECIATION

At 1 May 2024

3,586

Charge for year

233

At 30 April 2025

3,819

NET BOOK VALUE

At 30 April 2025

699

At 30 April 2024

932

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Tax

434

-

Social security and other taxes

187

158

Other creditors

-

1,523

Directors' current accounts

76,687

74,604

Accrued expenses

2,195

3,427

79,503

79,712

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans - 2-5 years

6,670

10,713

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs M F Chu.