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COMPANY REGISTRATION NUMBER: 02187829

Crownwood Estates Limited

Filleted Unaudited Financial Statements

31 March 2025

Crownwood Estates Limited

Financial Statements

Year ended 31 March 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

Crownwood Estates Limited

Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 5 | 2,576,013 | 2,575,660
Investments | 6 | 9 | 9
| ------------ | ------------
| 2,576,022 | 2,575,669

Current assets

Stocks | 435,145 | 265,625
Debtors | 7 | 471,925 | 471,349
Cash at bank and in hand | 110,472 | 474,228
| ------------ | ------------
| 1,017,542 | 1,211,202

Creditors: amounts falling due within one year | 8 | 687,138 | 758,112
| ------------ | ------------
Net current assets | 330,404 | 453,090
| ------------ | ------------
Total assets less current liabilities | 2,906,426 | 3,028,759

Creditors: amounts falling due after more than one year | 9 | 2,228,627 | 2,262,197
| ------------ | ------------
Net assets | 677,799 | 766,562
| ------------ | ------------

Capital and reserves

Called up share capital | 1,000 | 1,000
Other reserves | 38,299 | 38,299
Profit and loss account | 638,500 | 727,263
| --------- | ---------
Shareholders funds | 677,799 | 766,562
| --------- | ---------

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 31 March 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 Limited

Statement of Financial Position (continued)

31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 5 February 2026 , and are signed on behalf of the board by:

S Roots |
Director |

Company registration number: 02187829

Crownwood Estates Limited

Notes to the Financial Statements

Year ended 31 March 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.
Consolidation
The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 399 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
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. Freehold property is held at cost and no depreciation is charged. As the directors believe that the freehold property will appreciate in value, and therefore to charge depreciation would not be appropriate.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures and fittings | - | 20% straight line
| Motor vehicles | - | 20% straight line
| Equipment | - | 20% straight line

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
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.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
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.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. Tangible assets

| Freehold property | Fixtures and fittings | Motor vehicles | Equipment | Total
| £ | £ | £ | £ | £
Cost |  |  |  |  |
At 1 April 2024 | 2,575,660 | 7,000 | 5,750 | 3,739 | 2,592,149
Additions | – | – | – | 365 | 365
| ------------ | ------- | ------- | ------- | ------------
At 31 March 2025 | 2,575,660 | 7,000 | 5,750 | 4,104 | 2,592,514
| ------------ | ------- | ------- | ------- | ------------
Depreciation |  |  |  |  |
At 1 April 2024 | – | 7,000 | 5,750 | 3,739 | 16,489
Charge for the year | – | – | – | 12 | 12
| ------------ | ------- | ------- | ------- | ------------
At 31 March 2025 | – | 7,000 | 5,750 | 3,751 | 16,501
| ------------ | ------- | ------- | ------- | ------------
Carrying amount |  |  |  |  |
At 31 March 2025 | 2,575,660 | – | – | 353 | 2,576,013
| ------------ | ------- | ------- | ------- | ------------
At 31 March 2024 | 2,575,660 | – | – | – | 2,575,660
| ------------ | ------- | ------- | ------- | ------------

6. Investments

| Shares in group undertakings
| £
Cost |
At 1 April 2024 and 31 March 2025 | 9
| ----
Impairment |
At 1 April 2024 and 31 March 2025 | –
| ----

Carrying amount |
At 31 March 2025 | 9
| ----
At 31 March 2024 | 9
| ----

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | ( 6,497) | ( 5,225)
Other debtors | 478,422 | 476,574
| --------- | ---------
| 471,925 | 471,349
| --------- | ---------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 38,557 | 29,626
Trade creditors | 15,861 | 13,616
Corporation tax | – | 2,543
Social security and other taxes | 1,644 | 2,459
Other creditors | 631,076 | 709,868
| --------- | ---------
| 687,138 | 758,112
| --------- | ---------

Bank loans and overdrafts are secured by way of a fixed and floating charge over the property and undertakings of the company.
9. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 2,228,627 | 2,262,197
| ------------ | ------------

Bank loans and overdrafts are secured by way of a fixed and floating charge over the property and undertakings of the company.
10. Related party transactions
At the year end the company owed £Nil (2024: £1,873) to a director.