0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 1,674,224 1,674,224 1,674,224 xbrli:pure xbrli:shares iso4217:GBP 04361421 2024-02-01 2025-01-31 04361421 2025-01-31 04361421 2024-01-31 04361421 2023-02-01 2024-01-31 04361421 2024-01-31 04361421 2023-01-31 04361421 bus:Director1 2024-02-01 2025-01-31 04361421 core:WithinOneYear 2025-01-31 04361421 core:WithinOneYear 2024-01-31 04361421 core:ShareCapital 2025-01-31 04361421 core:ShareCapital 2024-01-31 04361421 core:RetainedEarningsAccumulatedLosses 2025-01-31 04361421 core:RetainedEarningsAccumulatedLosses 2024-01-31 04361421 core:LandBuildings 2025-01-31 04361421 core:LandBuildings 2024-01-31 04361421 bus:SmallEntities 2024-02-01 2025-01-31 04361421 bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 04361421 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 04361421 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 04361421 bus:FullAccounts 2024-02-01 2025-01-31
COMPANY REGISTRATION NUMBER: 04361421

Crownwell Associates Limited

Filleted Unaudited Financial Statements

31 January 2025

Crownwell Associates Limited

Statement of Financial Position

31 January 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 4 |  | 1,674,224 | 1,674,224

Current assets

Debtors | 5 | 1,327,609 |  | 1,288,371
Cash at bank and in hand | 89 |  | 74
| ------------ |  | ------------
| 1,327,698 |  | 1,288,445

Creditors: amounts falling due within one year | 6 | 2,820,303 |  | 2,802,468
| ------------ |  | ------------
Net current liabilities |  | 1,492,605 | 1,514,023
|  | ------------ | ------------
Total assets less current liabilities |  | 181,619 | 160,201
|  | --------- | ---------
Net assets |  | 181,619 | 160,201
|  | --------- | ---------

Capital and reserves

Called up share capital |  | 2 | 2
Profit and loss account |  | 181,617 | 160,199
|  | --------- | ---------
Shareholders funds |  | 181,619 | 160,201
|  | --------- | ---------

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 January 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 .

Crownwell Associates Limited

Statement of Financial Position (continued)

31 January 2025
These financial statements were approved by the board of directors and authorised for issue on 21 April 2026 , and are signed on behalf of the board by:

Mr B. Feldman |
Director |

Company registration number: 04361421

Crownwell Associates Limited

Notes to the Financial Statements

Year ended 31 January 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 Hallswelle House, 1 Hallswelle Road, London, NW11 ODH.
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.
Revenue recognition
the turnover of the company consists solely of rents and services receivable.
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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4. Tangible assets

| Land and buildings
| £
Cost |
At 1 February 2024 and 31 January 2025 | 1,674,224
| ------------
Depreciation |
At 1 February 2024 and 31 January 2025 | –
| ------------
Carrying amount |
At 31 January 2025 | 1,674,224
| ------------
At 31 January 2024 | 1,674,224
| ------------

The directors are of the opinion that the company's investment property has been shown at a fair value in the accounts of the company at the Balance Sheet date.
5. Debtors

| 2025 | 2024
| £ | £
Amounts owed by related undertakings | 1,283,371 | 1,283,371
Other debtors | 44,238 | 5,000
| ------------ | ------------
| 1,327,609 | 1,288,371
| ------------ | ------------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Amounts owed to related undertakings | 2,526,899 | 2,512,199
Other creditors | 293,404 | 290,269
| ------------ | ------------
| 2,820,303 | 2,802,468
| ------------ | ------------

7. Related party transactions
The company was under the control of Mr B Feldman, one of the company directors,throughout the current and previous year. Amounts due from and due to associated companies are shown separately in the debtors and creditors notes to the accounts.