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Company No: 11928019 (England and Wales)

# CO-CRE8 SYSTEMS LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2026
Pages for filing with the registrar

CO-CRE8 SYSTEMS LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2026

Contents

CO-CRE8 SYSTEMS LIMITED

## COMPANY INFORMATION

For the financial year ended 31 March 2026
CO-CRE8 SYSTEMS LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 March 2026

DIRECTORS | W Basham (Appointed 24 July 2025)
| J Capel
| N Capel
| P J Goodwin

SECRETARY | R G Gill

REGISTERED OFFICE | 22 Wycombe End
| Beaconsfield
| HP9 1NB
| United Kingdom

COMPANY NUMBER | 11928019 (England and Wales)

ACCOUNTANT | S&W Partners (Thames Valley) Limited
| 22 Wycombe End
| Beaconsfield
| Buckinghamshire
| HP9 1NB

CO-CRE8 SYSTEMS LIMITED

## BALANCE SHEET

As at 31 March 2026
CO-CRE8 SYSTEMS LIMITED

## BALANCE SHEET (continued)

As at 31 March 2026

| Note | 2026 |  | 2025
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 82,939 |  | 87,724
|  | 82,939 |  | 87,724
Current assets |  |  |  |
Stocks |  | 62,471 |  | 62,703
Debtors | 4 | 336,264 |  | 345,865
Cash at bank and in hand |  | 60,027 |  | 7,906
|  | 458,762 |  | 416,474
Creditors: amounts falling due within one year | 5 | ( 294,076) |  | ( 146,959)
Net current assets |  | 164,686 |  | 269,515
Total assets less current liabilities |  | 247,625 |  | 357,239
Creditors: amounts falling due after more than one year | 6 | ( 1,082,175) |  | ( 1,105,174)
Net liabilities |  | ( 834,550) |  | ( 747,935)
Capital and reserves |  |  |  |
Called-up share capital | 7 | 100 |  | 100
Profit and loss account |  | ( 834,650 ) |  | ( 748,035 )
Total shareholders' deficit |  | ( 834,550) |  | ( 747,935)

For the financial year ending 31 March 2026 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Co-Cre8 Systems Limited (registered number: 11928019) were approved and authorised for issue by the Board of Directors on 03 August 2026. They were signed on its behalf by:

J Capel Director |

CO-CRE8 SYSTEMS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2026
CO-CRE8 SYSTEMS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2026

##### 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 year, unless otherwise stated.

##### General information and basis of accounting

Co-Cre8 Systems 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 22 Wycombe End, Beaconsfield, HP9 1NB, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of Co-Cre8 Systems Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

##### Going concern

The financial statements have been prepared on a going concern basis. The directors provide financial support to the company and therefore there is a reasonable expectation that the company will continue in operational existence for the foreseeable.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise on monetary items.

##### Turnover

Turnover is measured at the fair value of the consideration received or receivable for the sale of goods and the rendering of services in the normal course of business, and is shown net of disccunts and VAT.
Sale of goods
Revenue arises from the sale of environmentally friendly waste disposable goods and is recognised when the customer accepts delivery of the goods.
Rendering of services
Revenue arises from the provision of consultancy services in the waste disposal and recycling industry and is recognised based on when the consultancy service was provided.

##### Employee benefits

Short term benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

##### 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.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

##### 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 or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 10 years straight line
Fixtures and fittings | 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### 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 Statement of Income and Retained Earnings as described below.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### 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, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

#### 2. Employees

| 2026 |  | 2025
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 6 |  | 6

#### 3. Tangible assets

| Plant and machinery |  | Fixtures and fittings |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 April 2025 | 156,120 |  | 13,020 |  | 169,140
Additions | 13,950 |  | 1,560 |  | 15,510
At 31 March 2026 | 170,070 |  | 14,580 |  | 184,650
Accumulated depreciation |  |  |  |  |
At 01 April 2025 | 69,626 |  | 11,790 |  | 81,416
Charge for the financial year | 19,401 |  | 894 |  | 20,295
At 31 March 2026 | 89,027 |  | 12,684 |  | 101,711
Net book value |  |  |  |  |
At 31 March 2026 | 81,043 |  | 1,896 |  | 82,939
At 31 March 2025 | 86,494 |  | 1,230 |  | 87,724

#### 4. Debtors

| 2026 |  | 2025
| £ |  | £
Trade debtors | 36,434 |  | 97,212
Deferred tax asset | 259,051 |  | 231,142
Other debtors | 40,779 |  | 17,511
| 336,264 |  | 345,865

#### 5. Creditors: amounts falling due within one year

| 2026 |  | 2025
| £ |  | £
Bank loans | 1,776 |  | 10,488
Trade creditors | 232,255 |  | 53,660
Other taxation and social security | 6,987 |  | 5,828
Other creditors | 53,058 |  | 76,983
| 294,076 |  | 146,959

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

| 2026 |  | 2025
| £ |  | £
Bank loans | 0 |  | 1,748
Other creditors | 1,082,175 |  | 1,103,426
| 1,082,175 |  | 1,105,174

#### 7. Called-up share capital

| 2026 |  | 2025
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100

#### 8. Related party transactions

Transactions with the entity's directors

At the balance sheet date, £1,082,175 (2024: £1,103,426) was owed by the company to the directors. Interest has been charged on the loan during the year at 1% over the mid‑term Applicable Federal Rate totalling £37,108 (2025: £nil).