Acorah Software Products - Accounts Production 15.0.600 false true false 1 January 2023 31 December 2023 31 December 2023 12877710 Mrs Alexandra Clare Bailey Mr Nicky John Bracey Mr Darren Charles Gurney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12877710 2022-12-31 12877710 2023-12-31 12877710 2023-01-01 2023-12-31 12877710 frs-core:CurrentFinancialInstruments 2023-12-31 12877710 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 12877710 frs-core:OtherResidualIntangibleAssets 2023-12-31 12877710 frs-core:OtherResidualIntangibleAssets 2023-01-01 2023-12-31 12877710 frs-core:OtherResidualIntangibleAssets 2022-12-31 12877710 frs-core:CapitalRedemptionReserve 2023-12-31 12877710 frs-core:RevaluationReserve 2022-12-31 12877710 frs-core:RevaluationReserve 2023-12-31 12877710 frs-core:ShareCapital 2023-12-31 12877710 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12877710 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12877710 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12877710 frs-bus:SmallEntities 2023-01-01 2023-12-31 12877710 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12877710 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12877710 frs-core:CostValuation 2022-12-31 12877710 frs-core:CostValuation 2023-12-31 12877710 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 12877710 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 12877710 frs-bus:Director1 2023-01-01 2023-12-31 12877710 frs-bus:Director2 2023-01-01 2023-12-31 12877710 frs-bus:Director3 2023-01-01 2023-12-31 12877710 frs-countries:EnglandWales 2023-01-01 2023-12-31
Registered number: 12877710
Creative8 Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 12877710
2023
Notes £ £
FIXED ASSETS
Intangible Assets 4 10,031
Investments 5 807,351
817,382
CURRENT ASSETS
Cash at bank and in hand 30,062
30,062
Creditors: Amounts Falling Due Within One Year 6 (5,000 )
NET CURRENT ASSETS (LIABILITIES) 25,062
TOTAL ASSETS LESS CURRENT LIABILITIES 842,444
NET ASSETS 842,444
CAPITAL AND RESERVES
Called up share capital 7 86
Revaluation reserve 8 797,239
Capital redemption reserve 14
Income Statement 45,105
SHAREHOLDERS' FUNDS 842,444
Page 1
Page 2
For the year ending 31 December 2023 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Income Statement.
On behalf of the board
Mrs Alexandra Clare Bailey
Director
14/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Creative8 Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12877710 . The registered office is Unit 25, North Luton Industrial Estate, Sedgewick Road, Luton, Bedfordshire, LU4 9DT.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Cryptocurrency. It is amortised to income statement over its estimated economic life of ten years.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
-
4. Intangible Assets
Other
£
Cost or Valuation
As at 1 January 2023 25,000
Additions 338
Revaluations (10,012 )
Disposals (339 )
As at 31 December 2023 14,987
Amortisation
As at 1 January 2023 -
Provided during the period 4,956
As at 31 December 2023 4,956
Net Book Value
As at 31 December 2023 10,031
As at 1 January 2023 25,000
5. Investments
Subsidiaries
£
Cost
As at 1 January 2023 807,351
As at 31 December 2023 807,351
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 807,351
As at 1 January 2023 807,351
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2023
£
Amounts owed to group undertakings 5,000
7. Share Capital
2023
£
Allotted, Called up and fully paid 86
8. Reserves
Revaluation Reserve
£
As at 1 January 2023 807,251
Reduction on revaluation (10,012)
As at 31 December 2023 797,239
Page 4