Crown Properties (Scarborough) Limited

Crown Properties (Scarborough) Limited
Contents Page
For the year ended 31 March 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Crown Properties (Scarborough) Limited Accountants' Report For the year ended 31 March 2026
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Crown Properties (Scarborough) Limited for the year ended 31 March 2026 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Crown Properties (Scarborough) Limited for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Crown Properties (Scarborough) Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Crown Properties (Scarborough) Limited and state those matters that we have agreed to state to the Board of Directors of Crown Properties (Scarborough) Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Crown Properties (Scarborough) Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Crown Properties (Scarborough) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Crown Properties (Scarborough) Limited . You consider that Crown Properties (Scarborough) Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Crown Properties (Scarborough) Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts .................................................... J W Smith & Co Ltd Hopper Hill Road Scarborough Business Park Scarborough North Yorkshire YO11 3YS 30 June 2026 1

Crown Properties (Scarborough) Limited
Accountants' Report
For the year ended 31 March 2026

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Crown Properties (Scarborough) Limited for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Crown Properties (Scarborough) Limited for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of Crown Properties (Scarborough) Limited , as a body, in accordance with the terms of our engagement letter.

Our work has been undertaken solely to prepare for your approval the accounts of Crown Properties (Scarborough) Limited and state those matters that we have agreed to state to the Board of Directors of Crown Properties (Scarborough) Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Crown Properties (Scarborough) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Crown Properties (Scarborough) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Crown Properties (Scarborough) Limited . You consider that Crown Properties (Scarborough) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Crown Properties (Scarborough) Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts

....................................................
J W Smith & Co Ltd
Hopper Hill Road
Scarborough Business Park
Scarborough
North Yorkshire
YO11 3YS
30 June 2026

1

Crown Properties (Scarborough) Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	23,022,050	23,266,400
		23,022,050	23,266,400
Current assets
Debtors		833,504	744,086
Cash at bank and in hand		283,766	872,596
		1,117,270	1,616,682
Creditors: amount falling due within one year		(5,715,121)	(6,979,776)
Net current assets		(4,597,851)	(5,363,094)

Total assets less current liabilities		18,424,199	17,903,306
Creditors: amount falling due after more than one year		(872,452)	(1,622,523)
Provisions for liabilities		(232,759)	(260,560)
Net assets		17,318,988	16,020,223

Capital and reserves
Called up share capital	4	100	100
Fair Value Reserves	5	3,047,372	3,211,232
Profit and loss account		14,271,516	12,808,891
Shareholders' funds		17,318,988	16,020,223

For the 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts 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 accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 30 June 2026 and were signed on its behalf by:

-------------------------------
David Andrew Ledden
Director

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Gerard Michael Ledden
Director

2

Crown Properties (Scarborough) Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Crown Properties (Scarborough) Limited is a private company, limited by shares, registered in England and Wales, registration number 03865410, registration address Crown Garage, Back Albion Road, Scarborough, North Yorkshire, YO11 2BT.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Preparation of consolidated financial statements

The financial statements contain information about Crown Properties (Scarborough) Limited as an individual Company and do not contain consolidated financial information as the parent of a group. The Company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	20% Reducing Balance
Fixtures and Fittings	20% Reducing Balance
Computer Equipment	33% Straight Line

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise. Deferred taxation is provided on theses gains.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2.	Average number of employees Average number of employees during the year was 3 (2025 : 3).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Investment properties	Total
	£	£	£	£	£
At 01 April 2025	4,800	55,735	2,270	23,256,000	23,318,805
Additions	13,000	-	-	-	13,000
Disposals	(4,800)	-	-	(250,000)	(254,800)
At 31 March 2026	13,000	55,735	2,270	23,006,000	23,077,005
Depreciation
At 01 April 2025	2,800	47,335	2,270	-	52,405
Charge for year	3,250	2,100	-	-	5,350
On disposals	(2,800)	-	-	-	(2,800)
At 31 March 2026	3,250	49,435	2,270	-	54,955
Net book values
Closing balance as at 31 March 2026	9,750	6,300	-	23,006,000	23,022,050
Opening balance as at 01 April 2025	2,000	8,400	-	23,256,000	23,266,400

4.

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100

3

Registered Number: 03865410
England and Wales
Abridged Accounts

for the year ended 31 March 2026
for
CROWN PROPERTIES (SCARBOROUGH) LIMITED