REGISTERED NUMBER: 08968569 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

CROLE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

J A Crole

Mrs A L Crole

REGISTERED OFFICE:

50 Mackworth Road

Porthcawl

Mid Glamorgan

CF36 5BT

REGISTERED NUMBER:

08968569 (England and Wales)

ACCOUNTANTS:

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

FIXED ASSETS

Tangible assets

5

3,179,657

3,035,653

CURRENT ASSETS

Debtors

6

14,911

40,061

Cash at bank and in hand

368,499

159,435

383,410

199,496

CREDITORS

Amounts falling due within one year

7

(273,548

)

(1,535,014

)

NET CURRENT ASSETS/(LIABILITIES)

109,862

(1,335,518

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,289,519

1,700,135

CREDITORS

Amounts falling due after more than one year

8

(2,998,344

)

(1,423,134

)

NET ASSETS

291,175

277,001

CAPITAL AND RESERVES

Called up share capital

9

103

102

Retained earnings

10

291,072

276,899

SHAREHOLDERS' FUNDS

291,175

277,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

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 14 June 2026 and were signed on its behalf by:

J A Crole - Director

1.	STATUTORY INFORMATION

Crole Properties Limited 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Significant judgements and estimates - going concern

The financial statements are prepared under the going concern basis. The directors believe this is appropriate as they believe that the company has the necessary resources at its disposal to meet its liabilities as they fall due.

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

-

in accordance with the property

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

Long

to

property

leasehold

property

Totals

£

£

£

£

COST

At 1 April 2025

2,459,946

507,773

67,934

3,035,653

Additions

-

144,004

-

144,004

At 31 March 2026

2,459,946

651,777

67,934

3,179,657

NET BOOK VALUE

At 31 March 2026

2,459,946

651,777

67,934

3,179,657

At 31 March 2025

2,459,946

507,773

67,934

3,035,653

The director considers that the carrying value of the properties is correctly stated and that no depreciation is required.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

-

20,000

Prepayments and accrued income

14,911

20,061

14,911

40,061

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Tax

10,824

9,214

Other creditors

108,464

1,475,210

Directors' current accounts

101,909

-

Accrued expenses

52,351

50,590

273,548

1,535,014

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

1,575,210

-

Director's loan account

1,423,134

1,423,134

2,998,344

1,423,134

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

2

Ordinary 'B'

£1

3

2

103

102

10.

RESERVES

Retained

earnings

£

At 1 April 2025

276,899

Profit for the year

44,173

Dividends

(30,000

)

At 31 March 2026

291,072

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31 March 2026 an amount of £1,525,043 is due to the directors.

12.	RELATED PARTY DISCLOSURES

J A Crole is a director of Stardust Leisure Limited and Grandspan Limited.

During the year the company received rent from Stardust Leisure Limited amounting to £80,000.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is J A Crole.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Crole Properties Limited for the year ended 31 March 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company'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 Board of Directors of Crole Properties Limited, 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 Crole Properties Limited and state those matters that we have agreed to state to the Board of Directors of Crole Properties Limited, 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 Crole Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Crole Properties Limited 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 Crole Properties Limited. You consider that Crole Properties Limited 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 Crole Properties Limited. 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.

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

2 July 2026