Acorah Software Products - Accounts Production 19.2.450 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 04763478 Mr Elfed Evans Mr Mark Thomas Mr Mark Thomas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04763478 2024-10-31 04763478 2025-10-31 04763478 2024-11-01 2025-10-31 04763478 frs-core:CurrentFinancialInstruments 2025-10-31 04763478 frs-core:FurnitureFittings 2025-10-31 04763478 frs-core:FurnitureFittings 2024-11-01 2025-10-31 04763478 frs-core:FurnitureFittings 2024-10-31 04763478 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-10-31 04763478 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 04763478 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 04763478 frs-core:RevaluationReserve 2024-10-31 04763478 frs-core:RevaluationReserve 2025-10-31 04763478 frs-core:SharePremium 2024-10-31 04763478 frs-core:SharePremium 2025-10-31 04763478 frs-core:ShareCapital 2025-10-31 04763478 frs-core:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31 04763478 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-10-31 04763478 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 04763478 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 04763478 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 04763478 frs-bus:SmallEntities 2024-11-01 2025-10-31 04763478 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 04763478 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 04763478 frs-core:UnlistedNon-exchangeTraded 2025-10-31 04763478 frs-core:UnlistedNon-exchangeTraded 2024-10-31 04763478 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-10-31 04763478 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-10-31 04763478 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 04763478 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-10-31 04763478 frs-bus:Director1 2024-11-01 2025-10-31 04763478 frs-bus:Director2 2024-11-01 2025-10-31 04763478 frs-bus:CompanySecretary1 2024-11-01 2025-10-31 04763478 frs-countries:EnglandWales 2024-11-01 2025-10-31 04763478 2023-10-31 04763478 2024-10-31 04763478 2023-11-01 2024-10-31 04763478 frs-core:CurrentFinancialInstruments 2024-10-31 04763478 frs-core:RevaluationReserve 2024-10-31 04763478 frs-core:SharePremium 2024-10-31 04763478 frs-core:ShareCapital 2024-10-31 04763478 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 04763478
Creative Property (Cardiff) Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Creative Property (Cardiff) Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Creative Property (Cardiff) Limited
Balance Sheet
As At 31 October 2025
Balance Sheet
Registered number: 04763478

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 484,877 |  | 484,877
Investments | 5 |  | 100 |  | 100
|  |  | 484,977 |  | 484,977
CURRENT ASSETS
Debtors | 6 | 308,015 |  | 408,015 |
Cash at bank and in hand |  | 1,364,753 |  | 1,023,509 |
|  | 1,672,768 |  | 1,431,524 |
Creditors: Amounts Falling Due Within One Year | 7 | (12,723 ) |  | (11,421 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,660,045 |  | 1,420,103
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,145,022 |  | 1,905,080
NET ASSETS |  |  | 2,145,022 |  | 1,905,080
CAPITAL AND RESERVES
Called up share capital | 8 |  | 4 |  | 4
Share premium account |  |  | 98 |  | 98
Revaluation reserve | 9 |  | (311,881 ) |  | (311,881 )
Profit and Loss Account |  |  | 2,456,801 |  | 2,216,859
SHAREHOLDERS' FUNDS |  |  | 2,145,022 |  | 1,905,080

Page 1
Page 2
Creative Property (Cardiff) Limited
Balance Sheet (continued)
As At 31 October 2025
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Mark Thomas Director
17/07/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Creative Property (Cardiff) Limited
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
Creative Property (Cardiff) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04763478 . The registered office is 58 Mount Stuart Square, Cardiff Bay, Cardiff, CF10 5LR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold | Not depreciated
Fixtures & Fittings | 25% reducing balance

2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
...CONTINUED
Page 3
Page 4
Creative Property (Cardiff) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
2.5. Taxation - continued
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6. 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.
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Fixtures & Fittings | Total
| £ | £ | £
Cost
As at 1 November 2024 | 484,877 | 30,838 | 515,715
As at 31 October 2025 | 484,877 | 30,838 | 515,715
Depreciation
As at 1 November 2024 | - | 30,838 | 30,838
As at 31 October 2025 | - | 30,838 | 30,838
Net Book Value
As at 31 October 2025 | 484,877 | - | 484,877
As at 1 November 2024 | 484,877 | - | 484,877

Included within Land and Property Freehold is an investment property held at fair value of £184,877 (2024:£184,877) of which the original cost was £184,877. The directors have determined this value based on observable market prices taking into account the location, condition and nature of the specific property.
Page 4
Page 5
Creative Property (Cardiff) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
5. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 November 2024 | 100
As at 31 October 2025 | 100
Provision
As at 1 November 2024 | -
As at 31 October 2025 | -
Net Book Value
As at 31 October 2025 | 100
As at 1 November 2024 | 100

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by group undertakings | 308,015 |  | 408,015

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 1 |  | -
Corporation tax | 12,698 |  | 11,397
Directors' loan accounts | 24 |  | 24
| 12,723 |  | 11,421

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 4 |  | 4

9. Reserves

| Share Premium | Revaluation reserve | Profit and Loss Account
--- | --- | --- | ---
| £ | £ | £
As at 1 November 2024 | 98 | (311,881 ) | 2,216,859
Profit for the year and total comprehensive income | - | - | 383,942
Dividends paid | - | - | (144,000)
As at 31 October 2025 | 98 | (311,881 ) | 2,456,801

Page 5
Page 6
Creative Property (Cardiff) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
10. Related Party Transactions
During the year the directors were voted dividends of £72,000 (2024:£72,000).
Celf Creative Design Ltd owed Creative Property (Cardiff) Limited £308,015 (2024: £408,015) at the balance sheet date. A dividend of £344,000 (2024: £344,000) was received from Celf Creative Design Ltd. A rent charge has been received from Celf Creative Design Ltd of £45,000 (2024:£45,000).
Ultimate control is held by shareholders. M Thomas, E Evans, A Thomas & A Brooks by virtue of their shareholding.
Page 6