Crown Gardens Cardiff Limited - Filleted accounts

Registered number

08417557

Crown Gardens Cardiff Limited

Filleted Accounts

31 March 2025

Crown Gardens Cardiff Limited
Registered number:		08417557
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		61,246			54,364

Current assets
Stocks		6,000			6,000
Debtors	4	21,398			67,066
Cash at bank and in hand		34,420			23,698
		61,818			96,764

Creditors: amounts falling due within one year	5	(187,813)			(192,435)

Net current liabilities			(125,995)			(95,671)

Net liabilities			(64,749)			(41,307)

Capital and reserves
Called up share capital			3			3
Profit and loss account			(64,752)			(41,310)

Shareholders' funds			(64,749)			(41,307)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




G H Lewis
Director
Approved by the board on 29 December 2025

Crown Gardens Cardiff Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles	25% reducing-balance basis
	Fixtures, fittings, tools and equipment	15% reducing-balance basis

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			7		7


3	Tangible fixed assets
		Tools, fixtures & equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	97,626		107,812		205,438
	Additions	1,281		22,184		23,465
	At 31 March 2025	98,907		129,996		228,903

	Depreciation
	At 1 April 2024	70,151		80,923		151,074
	Charge for the year	4,314		12,269		16,583
	At 31 March 2025	74,465		93,192		167,657

	Net book value
	At 31 March 2025	24,442		36,804		61,246
	At 31 March 2024	27,475		26,889		54,364


4	Debtors			2025		2024
£					£

	Trade debtors			21,148		66,816
	Other debtors			250		250
				21,398		67,066


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			5,110		14,159
	Corporation tax			1,086		1,086
	Other taxes and social security costs			37,012		35,265
	Other creditors			144,605		141,925
				187,813		192,435


6	Transactions with the directors			2025
£
	The company afforded its directors the facility of a current account during the year, on an interest-free basis with no agreed repayment terms. The movement on this account is summarised below:

	Balance as at 01/04/24-owed to the directors			114,624
	Advances made to the company			30,000
	Loans made to the director			(18,300)
	Private expenditure settled from company funds			(4,881)
	Balance as at 31/03/25-owed to the directors			121,443


7	Other information

	Crown Gardens Cardiff Limited is a private company limited by shares and incorporated in Wales. Its registered office is:
	66 Whitchurch Road
	Maindy
	Cardiff
	South Glamorgan
	CF14 3LX