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Registered number: 03386278
Crownwise limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03386278
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 610,452 612,774
610,452 612,774
CURRENT ASSETS
Debtors 6 36,267 38,785
Cash at bank and in hand 30,751 47,563
67,018 86,348
Creditors: Amounts Falling Due Within One Year 7 (17,037 ) (13,686 )
NET CURRENT ASSETS (LIABILITIES) 49,981 72,662
TOTAL ASSETS LESS CURRENT LIABILITIES 660,433 685,436
Creditors: Amounts Falling Due After More Than One Year 8 (4,186 ) (14,186 )
NET ASSETS 656,247 671,250
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 656,147 671,150
SHAREHOLDERS' FUNDS 656,247 671,250
Page 1
Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Ruma Luckeenarain
Director
21/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Crownwise limited is a private company, limited by shares, incorporated in England & Wales, registered number 03386278 . The registered office is 2 Streatham Common South, London, SW16 3BT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0
Leasehold 0
Plant & Machinery 25%
Motor Vehicles 0
Fixtures & Fittings 25%
Computer Equipment 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 43 (2025: 42)
43 42
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 20,000
As at 31 March 2026 20,000
Amortisation
As at 1 April 2025 20,000
As at 31 March 2026 20,000
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2026 -
As at 1 April 2025 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2025 603,486 61,436 - 340,711
As at 31 March 2026 603,486 61,436 - 340,711
Depreciation
As at 1 April 2025 - 57,850 (1 ) 335,358
Provided during the period - 897 - 1,338
As at 31 March 2026 - 58,747 (1 ) 336,696
Net Book Value
As at 31 March 2026 603,486 2,689 1 4,015
As at 1 April 2025 603,486 3,586 1 5,353
Computer Equipment Total
£ £
Cost
As at 1 April 2025 20,045 1,025,678
As at 31 March 2026 20,045 1,025,678
Depreciation
As at 1 April 2025 19,697 412,904
Provided during the period 87 2,322
As at 31 March 2026 19,784 415,226
Net Book Value
As at 31 March 2026 261 610,452
As at 1 April 2025 348 612,774
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 32,243 32,243
Other debtors 4,024 6,542
36,267 38,785
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 1 (1 )
Other creditors 3,264 5,340
Taxation and social security 13,772 8,347
17,037 13,686
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bounce Back Loan 1,667 11,667
Other creditors 2,519 2,519
4,186 14,186
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
Page 5