REGISTERED NUMBER: 09906873 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

CROCUS PROPERTY SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Costaras

Ms I Drosou

REGISTERED OFFICE:

15 West Street

Brighton

East Sussex

BN1 2RL

REGISTERED NUMBER:

09906873 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Hove) Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

3

-

-

Investment property

4

195,000

195,000

195,000

195,000

CURRENT ASSETS

Debtors

5

1,195

835

Cash at bank

5,092

9,974

6,287

10,809

CREDITORS

Amounts falling due within one year

6

60,905

63,968

NET CURRENT LIABILITIES

(54,618

)

(53,159

)

TOTAL ASSETS LESS CURRENT LIABILITIES

140,382

141,841

CREDITORS

Amounts falling due after more than one year

7

(122,945

)

(121,904

)

PROVISIONS FOR LIABILITIES

(11,105

)

(11,105

)

NET ASSETS

6,332

8,832

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

8

33,316

33,316

Retained earnings

(26,986

)

(24,486

)

6,332

8,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 13 August 2026 and were signed on its behalf by:

N Costaras - Director

Ms I Drosou - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

3.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2025

and 31 December 2025

1,533

DEPRECIATION

At 1 January 2025

and 31 December 2025

1,533

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

195,000

NET BOOK VALUE

At 31 December 2025

195,000

At 31 December 2024

195,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2023

44,422

Cost

150,578

195,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,195

835

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' loan accounts

59,549

63,020

Accrued expenses

1,356

948

60,905

63,968

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

122,945

121,904

8.

RESERVES

Fair

value

reserve

£

At 1 January 2025

and 31 December 2025

33,316

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, N Costaras & I Drosou decreased their loan to the company. As at 31 December 2025, the company owed them £59,549 (2024: £63,020). This balance represented the maximum amount outstanding during the year. Interest has been charged on the loan at 7% and is repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N Costaras and I Drosou.

This was by virtue of their 100% holding of the issued share capital.