Company No: 15177853 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		31.03.2024
		£		£
Fixed assets
Investment property	3	210,593		210,593
		210,593		210,593
Current assets
Debtors	4	10		10
		10		10
Creditors: amounts falling due within one year	5	( 6,498)		( 7,745)
Net current liabilities		(6,488)		(7,735)
Total assets less current liabilities		204,105		202,858
Creditors: amounts falling due after more than one year	6	( 206,000)		( 206,000)
Net liabilities		( 1,895)		( 3,142)
Capital and reserves
Called-up share capital	7	10		10
Profit and loss account		( 1,905 )		( 3,152 )
Total shareholder's deficit		( 1,895)		( 3,142)

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 Properties Limited (registered number: 15177853) were approved and authorised for issue by the Board of Directors on 01 October 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 Properties 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 £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of 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.

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 30.09.2023 to 31.03.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Investment property

	Investment property
	£
Valuation
As at 01 April 2024	210,593
As at 31 March 2025	210,593

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	210,593		210,593

4. Debtors

	31.03.2025		31.03.2024
	£		£
Other debtors	10		10

5. Creditors: amounts falling due within one year

	31.03.2025		31.03.2024
	£		£
Amounts owed to Group undertakings	3,204		7,025
Amounts owed to related parties	2,130		0
Other creditors	1,164		720
	6,498		7,745

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

	31.03.2025		31.03.2024
	£		£
Amounts owed to related parties	206,000		206,000

7. Called-up share capital

	31.03.2025		31.03.2024
	£		£
Allotted, called-up and fully-paid
10 Ordinary shares of £ 1.00 each	10		10

8. Ultimate controlling party

Parent Company:

CRFT Holdings Limited

34 Parkstone Heights Poole Dorset BH14 0QF