Company No: 14229445 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		31.03.2024
		£		£
Fixed assets
Tangible assets	3	3,124		0
Investment property	4	151,355		151,355
		154,479		151,355
Current assets
Debtors	5	34,855		9,455
Cash at bank and in hand		31,875		35,514
		66,730		44,969
Creditors: amounts falling due within one year	6	( 24,785)		( 19,124)
Net current assets		41,945		25,845
Total assets less current liabilities		196,424		177,200
Creditors: amounts falling due after more than one year	7	( 181,434)		( 181,434)
Net assets/(liabilities)		14,990		( 4,234)
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		14,890		( 4,334 )
Total shareholder's funds/(deficit)		14,990		( 4,234)

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of CRFT Productions Limited (registered number: 14229445) were approved and authorised for issue by the Board of Directors on 30 September 2025. They were signed on its behalf by:

C A R Croft Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

CRFT Productions Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 34 Parkstone Heights, Poole, BH14 0QF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line, reducing balance basis over its expected useful life, as follows:

Office equipment	25 % reducing balance
Computer equipment	3 years straight line

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	Year ended 31.03.2025		Period from 01.08.2023 to 31.03.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Office equipment		Computer equipment		Total
	£		£		£
Cost
At 01 April 2024	0		0		0
Additions	699		2,885		3,584
At 31 March 2025	699		2,885		3,584
Accumulated depreciation
At 01 April 2024	0		0		0
Charge for the financial year	62		398		460
At 31 March 2025	62		398		460
Net book value
At 31 March 2025	637		2,487		3,124
At 31 March 2024	0		0		0

4. Investment property

	Investment property
	£
Valuation
As at 01 April 2024	151,355
As at 31 March 2025	151,355

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	31.03.2025		31.03.2024
	£		£
Historic cost	151,355		151,355

5. Debtors

	31.03.2025		31.03.2024
	£		£
Trade debtors	26,949		0
Amounts owed by related parties	3,204		7,025
VAT recoverable	4,602		1,794
Corporation tax	0		536
Other debtors	100		100
	34,855		9,455

6. Creditors: amounts falling due within one year

	31.03.2025		31.03.2024
	£		£
Trade creditors	704		0
Amounts owed to related parties	17,960		14,067
Taxation and social security	3,385		536
Other creditors	2,736		4,521
	24,785		19,124

7. Creditors: amounts falling due after more than one year

	31.03.2025		31.03.2024
	£		£
Other creditors	181,434		181,434

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	31.03.2025		31.03.2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

9. Ultimate controlling party

Parent Company:

CRFT Holdings Limited

34 Parkstone Heights Poole Dorset BH14 0QF