Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12877710 Mr Nicky John Bracey Mr Darren Charles Gurney Mrs Alexandra Clare Bailey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12877710 2023-12-31 12877710 2024-12-31 12877710 2024-01-01 2024-12-31 12877710 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 12877710 frs-core:OtherResidualIntangibleAssets 2024-12-31 12877710 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 12877710 frs-core:OtherResidualIntangibleAssets 2023-12-31 12877710 frs-core:CapitalRedemptionReserve 2024-12-31 12877710 frs-core:RevaluationReserve 2023-12-31 12877710 frs-core:RevaluationReserve 2024-12-31 12877710 frs-core:ShareCapital 2024-12-31 12877710 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12877710 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12877710 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12877710 frs-bus:SmallEntities 2024-01-01 2024-12-31 12877710 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12877710 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12877710 frs-core:CostValuation 2023-12-31 12877710 frs-core:CostValuation 2024-12-31 12877710 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 12877710 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 12877710 frs-bus:Director1 2024-01-01 2024-12-31 12877710 frs-bus:Director2 2024-01-01 2024-12-31 12877710 frs-bus:Director3 2024-01-01 2024-12-31 12877710 frs-countries:EnglandWales 2024-01-01 2024-12-31 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:CapitalRedemptionReserve 2023-12-31 12877710 frs-core:RevaluationReserve 2023-12-31 12877710 frs-core:ShareCapital 2023-12-31 12877710 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12877710
Creative8 Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 12877710
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 17,055 10,031
Investments 5 807,351 807,351
824,406 817,382
CURRENT ASSETS
Cash at bank and in hand 160 30,062
160 30,062
Creditors: Amounts Falling Due Within One Year 6 - (5,000 )
NET CURRENT ASSETS (LIABILITIES) 160 25,062
TOTAL ASSETS LESS CURRENT LIABILITIES 824,566 842,444
NET ASSETS 824,566 842,444
CAPITAL AND RESERVES
Called up share capital 7 86 86
Revaluation reserve 8 799,307 797,239
Capital redemption reserve 14 14
Income Statement 25,159 45,105
SHAREHOLDERS' FUNDS 824,566 842,444
Page 1
Page 2
For the year ending 31 December 2024 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
28/03/2025
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 (2023: NIL)
- -
4. Intangible Assets
Other
£
Cost or Valuation
As at 1 January 2024 14,987
Revaluations 2,068
As at 31 December 2024 17,055
Amortisation
As at 1 January 2024 4,956
Provided during the period (4,956 )
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 17,055
As at 1 January 2024 10,031
5. Investments
Subsidiaries
£
Cost
As at 1 January 2024 807,351
As at 31 December 2024 807,351
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 807,351
As at 1 January 2024 807,351
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings - 5,000
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 86 86
8. Reserves
Revaluation Reserve
£
As at 1 January 2024 797,239
Increase on revaluation 2,068
As at 31 December 2024 799,307
Page 4