REGISTERED NUMBER: 09564161 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

CROWN PLUS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P Conner

Mr G J Price

Mr R Joseph

Mrs J C Moten

REGISTERED OFFICE:

Suites 1 & 2

Vickers House

Halesfield 6

Telford

Shropshire

TF7 4BF

REGISTERED NUMBER:

09564161 (England and Wales)

AUDITORS:

Stanton Ralph & Co Limited

Chartered Accountants

Statutory Auditor

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

FIXED ASSETS

1,279,537

Tangible assets

4

3,039,255

CURRENT ASSETS

851,260

Stocks

2,487,763

1,380,791

Debtors

5

1,392,869

901,573

Cash at bank and in hand

1,180,957

3,133,624

5,061,589

CREDITORS

1,561,106

Amounts falling due within one year

6

3,311,055

1,572,518

NET CURRENT ASSETS

1,750,534

2,852,055

TOTAL ASSETS LESS CURRENT LIABILITIES

4,789,789

CREDITORS

(321,100

)

Amounts falling due after more than one year

7

(1,287,687

)

(298,805

)

PROVISIONS FOR LIABILITIES

(601,976

)

2,232,150

NET ASSETS

2,900,126

CAPITAL AND RESERVES

100

Called up share capital

9

100

2,232,050

Retained earnings

2,900,026

2,232,150

SHAREHOLDERS' FUNDS

2,900,126

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 15th October 2026 and were signed on its behalf by:

Mr P Conner - Director

Mr G J Price - Director

1.	STATUTORY INFORMATION

Crown Plus Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and at varying rates on a reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 54 (2025 - 48 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st February 2025

2,527,942

Additions

2,159,108

Disposals

(3,890

)

At 31st January 2026

4,683,160

DEPRECIATION

At 1st February 2025

1,248,405

Charge for year

398,261

Eliminated on disposal

(2,761

)

At 31st January 2026

1,643,905

NET BOOK VALUE

At 31st January 2026

3,039,255

At 31st January 2025

1,279,537

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1st February 2025

1,533,899

Additions

1,608,299

Transfer to ownership

(187,921

)

At 31st January 2026

2,954,277

DEPRECIATION

At 1st February 2025

631,926

Charge for year

280,193

Transfer to ownership

(133,660

)

At 31st January 2026

778,459

NET BOOK VALUE

At 31st January 2026

2,175,818

At 31st January 2025

901,973

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

1,054,968

865,884

Amounts owed by group undertakings

-

416,492

Other debtors

337,901

98,415

1,392,869

1,380,791

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Hire purchase contracts

379,470

280,281

Trade creditors

1,010,094

481,229

Amounts owed to group undertakings

822,709

-

Taxation and social security

128,999

479,354

Other creditors

969,783

320,242

3,311,055

1,561,106

Amounts owed to group undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Hire purchase contracts

1,287,687

321,100

8.	SECURED DEBTS

There is a fixed and floating charge in favour of MRV (General Partner MEIF II - Equity WM) Limited Mercia (General Partner) Limited as general partner for MEIF II - Equity WM LP dated 31 January 2025.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.01.25

31.03.24

value:

£

£

100

Ordinary

£1.00

100

-

30

Ordinary A

£1.00

-

40

30

Ordinary B

£1.00

-

40

20

Ordinary C

£1.00

-

10

20

Ordinary D

£1.00

-

10

100

100

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ann Hill FCA (Senior Statutory Auditor)

for and on behalf of Stanton Ralph & Co Limited

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Crown Plus Holding Limited.

As at 31 January 2025 the company restructured and a holding company (Crown Plus Holdings Limited) was formed. The holding company acquired the entire share capital of Crown Plus Limited. Gary Price and Paul Connor who are Directors and Shareholders of the Crown Plus Holding Limited own the majority of the shares and are the ultimate controlling parties.