Company registration number 08985893 (England and Wales)
CROWN OIL INVESTMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
CROWN OIL INVESTMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
CROWN OIL INVESTMENTS LIMITED
COMPANY INFORMATION
Directors
M C Greensmith
A A Rayner
Secretary
A A Rayner
Company number
08985893
Registered office
Athenaeum House
Market Street
Bury
United Kingdom
BL9 0BL
Accountants
Azets
Ship Canal House
98 King Street
Manchester
M2 4WU
Bankers
Barclays Bank PLC
PO Box 229
Nagivation Way
Lancashire
PR2 2XY
Solicitors
BBS Law Ltd
First Floor, The Edge
Clowes Street
Manchester
United Kingdom
M3 5NA
CROWN OIL INVESTMENTS LIMITED
BALANCE SHEET
AS AT 31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Investment property
3
1,635,000
1,635,000
Current assets
Debtors
4
585,856
1,573,130
Cash at bank and in hand
217,809
143,940
803,665
1,717,070
Creditors: amounts falling due within one year
5
(96,096)
(139,172)
Net current assets
707,569
1,577,898
Total assets less current liabilities
2,342,569
3,212,898
Creditors: amounts falling due after more than one year
6
(1,550,000)
(2,550,000)
Net assets
792,569
662,898
Capital and reserves
Called up share capital
7
510,000
510,000
Profit and loss reserves
282,569
152,898
Total equity
792,569
662,898

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 2 July 2026 and are signed on its behalf by:
M C Greensmith
Director
Company registration number 08985893 (England and Wales)
CROWN OIL INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

Crown Oil Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is Athenaeum House, Market Street, Bury, United Kingdom, BL9 0BL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

The directors have assessed the company's ability to generate profits and cash for a period of more than 12 months from the date of approval of these financial statements, taking into consideration (i) the continued support provided by related parties which confirms that such amounts owing will not be called for payment to the detriment of external creditors and (ii) the arrangements referred to in note 4 to the accounts which link the settlement of certain related party liabilities to the recovery of amounts advanced to a connected business. On this basis, the directors consider that the company will continue to have sufficient funds to meet its liabilities as they fall due.true

1.3
Turnover

Turnover comprises revenue recognised by the company in respect of rent and service charges receivable in the year, exclusive of Value Added Tax.

1.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

1.5
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

A financial liability exists where there is a contractual obligation to deliver cash or another financial asset to another entity, or to exchange financial assets or financial liabilities under potentially unfavourable conditions. In addition, contracts which result in the entity delivering a variable number of its own equity instruments are financial liabilities. Shares containing such obligations are classified as financial liabilities.

Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. The carrying amount of the liability is increased by the finance cost and reduced by payments made in respect of that liability. Finance costs are calculated so as to produce a constant rate of charge on the outstanding liability.

An equity instrument is any contract that evidences a residual interest in the assets of the limited liability partnership after deducting all of its liabilities.

CROWN OIL INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Short term debtors are measured at transaction price, less any impairment costs. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Basic financial liabilities

Short term creditors are measured at 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.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8

Finance costs

Finance costs are charged to the statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

1.9

Interest income

Interest income is recognised in the statement of income and retained earnings using the effective interest method.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
2
2
CROWN OIL INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
3
Investment property
2026
£
Fair value
At 31 March 2026
1,635,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out by Nolan Redshaw, who are not connected with the company. The valuation was made on 31 March 2025, on an open market value basis by reference to market evidence of transaction prices for similar properties. In the directors' opinion this continues to represent the fair value of the property.

4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
63,000
50,762
Other debtors
1,574
1,511
64,574
52,273
Amounts falling due after more than one year:
Amount due from related parties
521,282
1,520,857
Total debtors
585,856
1,573,130

Included in amounts due from related parties is a balance of £500,000 (2025: £1,500,000), due from an entity with common shareholders. The balance is not expected to be recovered in full within 12 months of the balance sheet date since the related entity is not currently generating sufficient surplus cash.

5
Creditors: amounts falling due within one year
2026
2025
£
£
Other taxation and social security
19,512
25,480
Other creditors
76,584
113,692
96,096
139,172
CROWN OIL INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Amounts owed to related parties
1,550,000
2,550,000

The company is borrowing funds from a related party in order to advance the funds to another related party, as described in note 4. During the year, the company repaid a further £1,000,000 against amounts due to related parties.

The directors expect that the obligation to settle this liability will be linked to the timing of the recovery of the above debtor; the total liability, is not expected to be called for payment to the detriment of third party creditors and accordingly the total is recognised within creditors due in more than one year.

CROWN OIL INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
7
Called up share capital
2026
2025
£
£
Ordinary share capital
Issued and fully paid
10,000 Ordinary shares of £1 each
10,000
10,000
Preference share capital
Issued and fully paid
500,000 Preference shares of £1 each
500,000
500,000
Preference shares classified as equity
500,000
500,000
Total equity share capital
510,000
510,000

Each Ordinary share has full rights in the company with respect to voting, dividends and distributions.

Each Preference share has a right to receive dividends and is redeemable; both these entit l ements, however, are at the company's discretion only by unanimous consent of all directors. Accordingly the Preference s hares are classified as equity

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