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Registration number: 03933010

Prepared for the registrar
Crofton Investments Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 April 2026

Crofton Investments Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Financial Statements | 3 to 7

Crofton Investments Limited

Company Information

Director | J C Williams

Company secretary | A Muldrew

Registered office | Waterwells Drive Waterwells Business Park Quedgeley Gloucester Gloucestershire GL2 2AA

Bankers | HSBC Bank Plc Gloucester Gloucestershire GL1 2AP

Accountants | Hazlewoods LLP Staverton Court Staverton Cheltenham GL51 0UX

Crofton Investments Limited

(Registration number: 03933010)
Balance Sheet as at 30 April 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 813 | 1,397
Investment property | 5 | 850,000 | 850,000
Investments | 6 | 10,000 | 10,000
|  | 860,813 | 861,397
Current assets |  |  |
Debtors | 7 | 359 | 359
Cash at bank and in hand |  | 112,495 | 114,941
|  | 112,854 | 115,300
Creditors: Amounts falling due within one year | 8 | (10,546) | (10,057)
Net current assets |  | 102,308 | 105,243
Total assets less current liabilities |  | 963,121 | 966,640
Deferred tax liabilities |  | (62,983) | (63,864)
Net assets |  | 900,138 | 902,776
Capital and reserves |  |  |
Called up share capital |  | 10,002 | 10,002
Profit and loss account |  | 890,136 | 892,774
Total Equity |  | 900,138 | 902,776

For the financial year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 and 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 August 2026

J C Williams
Director

Crofton Investments Limited

Notes to the Financial Statements for the Year Ended 30 April 2026

| 1 | General information

The company is a private company limited by share capital, incorporated in the United Kingdom.

The address of its registered office is:
Waterwells Drive
Waterwells Business Park
Quedgeley
Gloucester
Gloucestershire
GL2 2AA

| 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 for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Group accounts not prepared

The company has taken advantage of the exemption in section 398 of the Companies Act 2006 from the requirement to prepare consolidated financial statements, on the grounds that it is a small group.

Going concern

After reviewing the company's forecast and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. On the basis of this information, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Judgements and estimation uncertainty
These financial statements do not contain any significant judgements or estimation uncertainty.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities which are not readily apparent from other sources.
The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration of goods received or receivable for the 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.

Crofton Investments Limited

Notes to the Financial Statements for the Year Ended 30 April 2026

Tax

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

The current 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.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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
Furniture, fittings and equipment | 33% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the director or 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.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Dividends on equity securities are recognised in income when receivable.

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. All trade debtors are repayable within one year and hence are included at the undiscounted cost of cash expected to be received. 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 debtors.

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 all are repayable within one year and hence are included at the undiscounted amount of cash expected to be paid.

Crofton Investments Limited

Notes to the Financial Statements for the Year Ended 30 April 2026

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Impairment
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 profit or loss as described below.
A non financial asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.
Where indicators exist for a decrease in impairment loss, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.
For financial assets carried at amortised cost, the amount of an impairment is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the financial asset’s original effective interest rate.
For financial assets carried at cost less impairment, the impairment loss is the difference between the asset’s carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.
Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.

Crofton Investments Limited

Notes to the Financial Statements for the Year Ended 30 April 2026

| 3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

| 4 | Tangible assets

| Furniture, fittings and equipment £
Cost
At 1 May 2025 and at 30 April 2026 | 5,666
Depreciation
At 1 May 2025 | 4,269
Charge for the year | 584
At 30 April 2026 | 4,853
Carrying amount
At 30 April 2026 | 813
At 30 April 2025 | 1,397

| 5 | Investment properties

| £
At 1 May 2025 and at 30 April 2026 | 850,000

The investment property was valued in accordance with RICS valuation standard on the basis of market value of £850,000 by a third party valuer on 25 October 2023.

| 6 | Investments

| 2026 £ | 2025 £
Investments in subsidiaries | 10,000 | 10,000

There was no movement in investments in subsidiaries during the year, which are stated at cost.

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2026 | 2025

Subsidiary undertakings
Alpha Colour Printers Limited | Waterwells Drive Waterwells Business Park Quedgeley Gloucester Gloucestershire GL2 2AA | Ordinary | 100% | 100%

Crofton Investments Limited

Notes to the Financial Statements for the Year Ended 30 April 2026

The principal activity of Alpha Colour Printers Limited is printing and reprographics.

| 7 | Debtors

| 2026 £ | 2025 £
Other debtors | 196 | 196
Prepayments | 163 | 163
| 359 | 359

| 8 | Creditors

| 2026 £ | 2025 £
Due within one year |  |
Amounts due to group undertakings | 8,118 | 8,118
Social security and other taxes | 15 | 15
Other creditors | 2,226 | 1,737
Accrued expenses | 187 | 187
| 10,546 | 10,057

| 9 | Dividends

| 2026 £ | 2025 £
Dividends paid | 95,000 | 95,000

| 10 | Parent and ultimate parent undertaking

The ultimate controlling party is J C Williams.