REGISTERED NUMBER: 04662380 (England and Wales)

Unaudited Financial Statements

for the Period 11 December 2025 to 28 February 2026

for

Pencrest Investments Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTOR:

G T Georgiou

REGISTERED OFFICE:

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

REGISTERED NUMBER:

04662380 (England and Wales)

FIXED ASSETS

Investments

5

36

36

Investment property

6

700,000

700,000

700,036

700,036

CURRENT ASSETS

Stocks

99,893

99,893

Debtors

7

53,217

55,085

Cash at bank

46,981

47,328

200,091

202,306

CREDITORS

Amounts falling due within one year

8

103,019

101,035

NET CURRENT ASSETS

97,072

101,271

TOTAL ASSETS LESS CURRENT LIABILITIES

797,108

801,307

CREDITORS

Amounts falling due after more than one year

9

(497,000

)

(498,250

)

PROVISIONS FOR LIABILITIES

(68,669

)

(68,669

)

NET ASSETS

231,439

234,388

CAPITAL AND RESERVES

Called up share capital

11

100

100

Fair value reserve

249,531

249,531

Retained earnings

(18,192

)

(15,243

)

SHAREHOLDERS' FUNDS

231,439

234,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 May 2026 and were signed by:

G T Georgiou - Director

1.	STATUTORY INFORMATION

Pencrest Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the recognition of certain financial assets and liabilities measured at fair value.

Turnover

Turnover represents rent receivable, sale of property and other property related income.

Turnover relating to the sale of property is recognised at the date of an unconditional exchange of contracts.

Investment properties

Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period 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 period 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 period was 2 (2025 - 2 ) .

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

Cost

At 11 December 2025

and 28 February 2026

36

Net book value

At 28 February 2026

36

At 10 December 2025

36

6.	INVESTMENT PROPERTY

Total

£

Fair value

At 11 December 2025

and 28 February 2026

700,000

Net book value

At 28 February 2026

700,000

At 10 December 2025

700,000

Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. The fair value was determined at 10 December 2025 by independent professionally qualified RICS valuer. The valuation was undertaken in accordance with the Royal Institution of Chartered Surveyors (RICS) Valuation - Global Standards (Red Book Global Standards).

The historical cost of the investment property amounts to £381,800 (2025 - £381,800).

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

10.12.25

£

£

Trade debtors

-

1,868

Other debtors

53,217

53,217

53,217

55,085

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

10.12.25

£

£

Bank loans and overdrafts

1,000

-

Amounts owed to connected companies

53,000

53,000

Taxation and social security

3,757

6,719

Other creditors

45,262

41,316

103,019

101,035

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

10.12.25

£

£

Bank loans

497,000

498,250

10.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.26

10.12.25

£

£

Bank loans

498,000

498,250

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

10.12.25

value:

£

£

100

Ordinary

£1

100

100