REGISTERED NUMBER: OC400406 (England and Wales)

Report of the Members and

Unaudited Financial Statements

for the Year Ended 5 April 2025

for

CRE8 STRUCTURES LLP

Page

Report of the Members

1

Accountants' Report

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

The members present their report with the financial statements of the LLP for the year ended 5 April 2025.

DESIGNATED MEMBERS

The designated members during the year under review were:

Mr J H Guneratne

Mr P J Walters

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £246,554 (2024 - £328,376 profit).

MEMBERS' INTERESTS

MEMBERS' RESPONSIBILITIES STATEMENT

The members are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice. Under company law (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the limited liability partnership and of the profit or loss of the limited liability partnership for that period. In preparing these financial statements, the members are required to:

• select suitable accounting policies and then apply them consistently;

• make judgements and accounting estimates that are reasonable and prudent;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the limited liability partnership will continue in business.

The members are responsible for keeping adequate accounting records that are sufficient to show and explain the limited liability partnership’s transactions and disclose with reasonable accuracy at any time the financial position of the limited liability partnership and enable them to ensure that the financial statements comply with the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008). They are also responsible for safeguarding the assets of the limited liability partnership and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE MEMBERS:

Mr J H Guneratne - Designated member

3 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of CRE8 STRUCTURES LLP for the year ended 5 April 2025 which comprise the Income Statement, Balance Sheet and the related notes from the LLP's 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of CRE8 STRUCTURES LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CRE8 STRUCTURES LLP and state those matters that we have agreed to state to the members of CRE8 STRUCTURES LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CRE8 STRUCTURES LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that CRE8 STRUCTURES LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CRE8 STRUCTURES LLP. You consider that CRE8 STRUCTURES LLP 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 financial statements of CRE8 STRUCTURES LLP. 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 financial statements.

Cansdales Business Advisers Limited

St Mary's Court

The Broadway

Old Amersham

Bucks

HP7 0UT

Date: .............................................

TURNOVER

631,839

745,486

Cost of sales

(87,663

)

(126,418

)

GROSS PROFIT

544,176

619,068

Administrative expenses

(297,152

)

(289,975

)

OPERATING PROFIT

4

247,024

329,093

Interest payable and similar expenses

(470

)

(717

)

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

246,554

328,376

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

246,554

328,376

Members' remuneration charged as an expense

5

(246,554

)

(328,376

)

PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

-

-

FIXED ASSETS

Tangible assets

6

280

4,428

CURRENT ASSETS

Debtors

7

98,537

81,491

Cash at bank and in hand

97,094

199,985

195,631

281,476

CREDITORS

Amounts falling due within one year

8

(66,494

)

(79,090

)

NET CURRENT ASSETS

129,137

202,386

TOTAL ASSETS LESS CURRENT LIABILITIES

129,417

206,814

CREDITORS

Amounts falling due after more than one year

9

(2,651

)

(13,092

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

126,766

193,722

LOANS AND OTHER DEBTS DUE TO MEMBERS

11

116,766

183,722

MEMBERS' OTHER INTERESTS

Capital accounts

10,000

10,000

126,766

193,722

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

11

116,766

183,722

Members' other interests

10,000

10,000

126,766

193,722

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 5 April 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 3 September 2025 and were signed by:

Mr J H Guneratne - Designated member

1.	STATUTORY INFORMATION

CRE8 STRUCTURES LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC400406

Registered office:

St Mary’s Court

The Broadway

Old Amersham

Bucks

HP7 0UT

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in January 2017, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the limited liability partnership. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal

accounting policies adopted are set out below.

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 recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers 33.3% straight line

MEMBERS' PARTICIPATING INTERESTS

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed remuneration and profits).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are,from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights including amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.

All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within ‘Members' remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members’ interests.

Where there exists an asset and liability component in respect of an individual member’s participation rights, they are presented on a gross basis unless the LLP has both a legally enforceable right to set off the recognised amounts, and it intends either to settle on a net basis or to settle and realise these amounts simultaneously, in which case they are presented net.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2024 - 3 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Depreciation - owned assets

4,148

4,148

5.	INFORMATION IN RELATION TO MEMBERS

2025

2024

£

£

Members' remuneration charged as an expense

Automatic division of profit

246,554

328,376

2025

2024

The average number of members during the year was

2

2

.

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 6 April 2024

and 5 April 2025

75,154

DEPRECIATION

At 6 April 2024

70,726

Charge for year

4,148

At 5 April 2025

74,874

NET BOOK VALUE

At 5 April 2025

280

At 5 April 2024

4,428

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

77,101

63,312

Prepayments

17,036

13,779

Rent Deposit

4,400

4,400

98,537

81,491

In the previous year Rent deposit was reported as advanced rent.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans (see note 10)

10,444

10,182

Trade creditors

17,655

25,036

Social security and other taxes

4,290

3,709

VAT

31,805

20,566

Accrued expenses

2,300

19,597

66,494

79,090

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans (see note 10)

2,651

13,092

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bounce Back Loan

10,444

10,182

Amounts falling due between one and two years:

Loans

2,651

13,092

11.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.