Crownbow Langton LLP Accounts






Crownbow Langton LLP

	Registered No. OC428088
	Information for Filing with the Registrar
		31 March 2025

at	31 March 2025

Registered No.		OC428088	Notes	2025	2024
				£	£
Fixed assets



	Investments		5	1,161,509	1,134,169
				1,161,509	1,134,169
Current assets



	Cash at bank and in hand			846	846
				846	846
Creditors: Amounts falling due within one year			6	(62,676)	(39,234)
Net current liabilities				(61,830)	(38,388)
Total assets less current liabilities				1,099,679	1,095,781


Net assets attributable to members				1,099,679	1,095,781

Represented by:
	Loans and other debts due to members			1,099,679	1,095,781
	Members' other interests





				1,099,679	1,095,781



These accounts have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

For the year ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied by the Limited Liability Partnerships (Accounts and Audit)(Application of Companies Act 2006) Regulations 2008) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the members on 02 October 2025 and signed on its behalf by:
D. Kattan
Designated member
02 October 2025

for the year ended 31 March 2025

General information

Crownbow Langton LLP is a limited liability partnership and incorporated in England and Wales.

Its registered number is: OC428088

Its registered office is:

First Floor

5 Fleet Place

London

EC4M 7RD

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and in accordance with the Statement of Recommended Practice 'Accounting for Limited Liability Partnerships' issued in December 2018.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable.

Members' remuneration and division of profits

Remuneration is paid to certain members under a contract of employment and is included as an expense in the profit and loss account.

In addition, the LLP agreement provides that fixed amounts, determined for each member each year, be paid to members, irrespective of the profits of the LLP. These amounts are included within members' remuneration charged as an expense.

Profits are treated as being available for discretionary division only if the the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other 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.

Members' Interests

Members' interests are classified as either equity or debt.

Equity interests comprise any capital introduced classified as equity, any unallocated profits, any revaluation reserve and any other reserves.

Loans and other debts due to members comprise any capital introduced but classified as a liability, any loans from members, amounts due to members in respect of allocated profits less drawings and any other amounts that the LLP is contractually obliged to repay to members.

Taxation

Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.

3	Information in relation to members
		2025	2024
		Number	Number
	The average number of members during the year :	2	2

		2025	2024
		£	£



	Automatic division of profits	(23,442)	(11,436)
		(23,442)	(11,436)

4	Employees
		2025	2024
		Number	Number

	The average number of persons employed during the year was:	2	2

5	Investments
		Other investments	Total
		£	£
	Cost or revaluation
	At 1 April 2024	1,134,169	1,134,169
	Additions	27,340	27,340


	At 31 March 2025	1,161,509	1,161,509
	Provisions and impairment





	Net book values
	At 31 March 2025	1,161,509	1,161,509
	At 31 March 2024	1,134,169	1,134,169

6	Creditors:
	amounts falling due within one year
		2025	2024
		£	£
	Bank loans and overdrafts	-	-


	Trade creditors	388	190


	Other creditors	62,288	39,044

		62,676	39,234

7	Loans and other debts due to members
		2025	2024
		£	£

	Loans from members	1,148,693	1,121,353

	Amounts due to members in respect of profits	(49,014)	(25,572)
		1,099,679	1,095,781

	Amounts falling due within one year	1,099,679	-

		1,099,679	1,095,781