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.

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 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

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.

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.

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

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

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 at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

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.

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.

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.

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.

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

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.

Interest income

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

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

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.

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.

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.

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 entitlements, however, are at the company's discretion only by unanimous consent of all directors. Accordingly the Preference shares are classified as equity