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REGISTERED NUMBER: 09481225 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CREATE INVESTMENT PROPERTIES LTD

CREATE INVESTMENT PROPERTIES LTD (REGISTERED NUMBER: 09481225) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| CREATE INVESTMENT PROPERTIES LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTORS: | R Malee

| S Malee

| REGISTERED OFFICE: | 2 Rockingham Road

| Doncaster

| DN2 4BN

| REGISTERED NUMBER: | 09481225 (England and Wales)

| ACCOUNTANTS: | Dexter & Sharpe (Lincoln) Ltd

| Landmark House

| 1 Riseholme Road

| Lincoln

| Lincolnshire

| LN1 3SN

CREATE INVESTMENT PROPERTIES LTD (REGISTERED NUMBER: 09481225) |

BALANCE SHEET

31 DECEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 3,475,000 |  | 2,500,000 |  |

Investments | 5 | 6 |  | 6 |  |

3,475,006 |  | 2,500,006 |  |

CURRENT ASSETS

Debtors | 6 | 41,451 |  | 209,011 |  |

Cash at bank | 27,088 |  | 190 |  |

68,539 |  | 209,201 |  |

CREDITORS

Amounts falling due within one year | 7 | 593,546 |  | 205,937 |  |

NET CURRENT (LIABILITIES)/ASSETS | (525,007 | ) | 3,264 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,949,999 |  | 2,503,270 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (2,221,463 | ) | (1,608,436 | ) |

PROVISIONS FOR LIABILITIES | (158,941 | ) | (205,366 | ) |

NET ASSETS | 569,595 |  | 689,468 |  |

CAPITAL AND RESERVES

Called up share capital | 300 |  | 300 |  |

Non-distributable reserve | 9 | 463,946 |  | 616,098 |  |

Retained earnings | 9 | 105,349 |  | 73,070 |  |

SHAREHOLDERS' FUNDS | 569,595 |  | 689,468 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

CREATE INVESTMENT PROPERTIES LTD (REGISTERED NUMBER: 09481225) |

BALANCE SHEET - continued

31 DECEMBER 2024

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 12 August 2025 and were signed on its behalf by:

S Malee - Director

R Malee - Director

CREATE INVESTMENT PROPERTIES LTD (REGISTERED NUMBER: 09481225) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Create Investment Properties Ltd 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.

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 as modified by the revaluation of certain assets.

| 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.

| Land and buildings | - | not provided

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| 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.

| 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 3 (2023 - 2 ) .

CREATE INVESTMENT PROPERTIES LTD (REGISTERED NUMBER: 09481225) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

4. | TANGIBLE FIXED ASSETS

| Land and

| buildings

£ |

| COST OR VALUATION

| At 1 January 2024 | 2,500,000 |  |

| Additions | 1,173,576 |  |

| Revaluations | (198,576 | ) |

| At 31 December 2024 | 3,475,000 |  |

| NET BOOK VALUE

| At 31 December 2024 | 3,475,000 |  |

| At 31 December 2023 | 2,500,000 |  |

| Cost or valuation at 31 December 2024 is represented by:

| Land and

| buildings

£ |

| Valuation in 2021 | 945,000 |  |

| Valuation in 2022 | 820,000 |  |

| Valuation in 2023 | 735,000 |  |

| Valuation in 2024 | 975,000 |  |

3,475,000 |  |

| If freehold properties had not been revalued they would have been included at the following historical cost:

2024 | 2023 |

£ | £ |

| Cost | 2,852,113 |  | 1,678,536 |  |

| Freehold properties were valued on an open market basis on 31 December 2024 by the directors .

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 6 |  |

| NET BOOK VALUE

| At 31 December 2024 | 6 |  |

| At 31 December 2023 | 6 |  |

CREATE INVESTMENT PROPERTIES LTD (REGISTERED NUMBER: 09481225) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Amounts owed by group undertakings | 41,451 |  | - |  |

| Other debtors | - |  | 209,011 |  |

41,451 |  | 209,011 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 10,000 |  | 10,000 |  |

| Trade creditors | 461 |  | 453 |  |

| Amounts owed to group undertakings | 459,029 |  | - |  |

| Taxation and social security | 43,724 |  | 19,133 |  |

| Other creditors | 80,332 |  | 176,351 |  |

593,546 |  | 205,937 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans | 2,221,463 |  | 1,608,436 |  |

9. | RESERVES

| Retained |  | Non-distributable |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 January 2024 | 73,070 |  | 616,098 |  | 689,168 |  |

| Deficit for the year | (79,072 | ) | (79,072 | ) |

| Dividends | (40,800 | ) | (40,800 | ) |

| Revaluation reserve | 152,151 |  | (152,152 | ) | (1 | ) |

| At 31 December 2024 | 105,349 |  | 463,946 |  | 569,295 |  |