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Registration number: 03387263

Computer Village Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Computer Village Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Computer Village Limited

Company Information

Directors | Mr Gerald Douglas Creed Mrs Tina Creed Mr Mathew Creed

Registered office | Tyne Depot Stowey Road Clutton Bristol BS39 5TG

Accountants | Stone & Co Chartered Accountants 2 Charnwood House Marsh Road Ashton Bristol BS3 2NA

Computer Village Limited

(Registration number: 03387263)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |  |
Tangible assets | 4 |  | 356,963 | 350,589
Investment property | 5 |  | 616,000 | 616,000
|  |  | 972,963 | 966,589
Current assets |  |  |  |
Debtors | 6 | 49,213 |  | 6,063
Cash at bank and in hand |  | 7,379 |  | 48,400
|  | 56,592 |  | 54,463
Creditors: Amounts falling due within one year | 7 | (36,205) |  | (51,091)
Net current assets |  |  | 20,387 | 3,372
Total assets less current liabilities |  |  | 993,350 | 969,961
Creditors: Amounts falling due after more than one year | 7 |  | (233,249) | (220,247)
Provisions for liabilities |  |  | (23,255) | (23,152)
Net assets |  |  | 736,846 | 726,562
Capital and reserves |  |  |  |
Called up share capital |  | 180 |  | 180
Retained earnings |  | 736,666 |  | 726,382
Shareholders' funds |  |  | 736,846 | 726,562

Computer Village Limited

(Registration number: 03387263)
Balance Sheet as at 31 December 2025

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

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 May 2026 and signed on its behalf by:

.........................................

Mr Gerald Douglas Creed
Director

Computer Village Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Tyne Depot
Stowey Road
Clutton
Bristol
BS39 5TG

These financial statements were authorised for issue by the Board on 5 May 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Computer Village Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures, fittings and equipment | 33% reducing balance
Motor vehicles | 25% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Computer Village Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

Computer Village Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Tangible assets

| Land and buildings £ | Fixtures, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 January 2025 | 330,626 | 70,972 | 30,054 | 431,652
Additions | 5,784 | 9,833 | - | 15,617
At 31 December 2025 | 336,410 | 80,805 | 30,054 | 447,269
Depreciation
At 1 January 2025 | - | 59,285 | 21,778 | 81,063
Charge for the year | - | 7,173 | 2,070 | 9,243
At 31 December 2025 | - | 66,458 | 23,848 | 90,306
Carrying amount
At 31 December 2025 | 336,410 | 14,347 | 6,206 | 356,963
At 31 December 2024 | 330,626 | 11,687 | 8,276 | 350,589

Included within the net book value of land and buildings above is £336,410 (2024 - £330,626) in respect of freehold land and buildings.

Computer Village Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5 | Investment properties

| 2025 £
At 1 January | 616,000
At 31 December | 616,000

There has been no valuation of investment property by an independent valuer. The directors review the value of the investment properties each year and deem the value included to be fair.

Computer Village Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6 | Debtors

| Note | 2025 £ | 2024 £
Trade debtors |  | 28 | 918
Amounts owed by related parties | 8 | 5,358 | 1,951
Prepayments |  | 3,827 | 3,194
Accrued income |  | 40,000 | -
|  | 49,213 | 6,063

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 28,000 | 27,000
Trade creditors |  | - | 420
Taxation and social security |  | 2,975 | 2,675
Accruals and deferred income |  | 5,230 | 20,996
|  | 36,205 | 51,091

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 233,249 | 220,247

8 | Related party transactions

The company was under the control of the managing directors, Mr G D Creed, Mrs T J Creed and Mr M Creed throughout the current year.
During the year the directors maintained a loan account with the company. At the year end the company owed the directors £179,830 (2024: £138,166). The are no fixed repayment terms associated with this loan and no interest is charged on the outstanding amount.
Other than those disclosed above, no other transactions with related parties were undertaken such as are required to be disclosed under FRS102.