REGISTERED NUMBER: 02302336 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Creoda Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J A Blanch

J J Blanch

SECRETARY:

Mrs J A Blanch

REGISTERED OFFICE:

Chelworth

Malmesbury

Wiltshire

SN16 9SG

REGISTERED NUMBER:

02302336 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,274,832

1,928,896

CURRENT ASSETS

Debtors

5

442,658

773,086

Cash in hand

36

36

442,694

773,122

CREDITORS

Amounts falling due within one year

6

800,555

1,111,757

NET CURRENT LIABILITIES

(357,861

)

(338,635

)

TOTAL ASSETS LESS CURRENT LIABILITIES

916,971

1,590,261

CREDITORS

Amounts falling due after more than one year

7

(168,374

)

(540,207

)

PROVISIONS FOR LIABILITIES

(97,015

)

(137,129

)

NET ASSETS

651,582

912,925

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Retained earnings

648,582

909,925

651,582

912,925

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 22 September 2026 and were signed on its behalf by:

Mrs J A Blanch - Director

1.	STATUTORY INFORMATION

Creoda 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.

2.	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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2024 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 January 2025

35,547

5,542,243

3,120

5,580,910

Additions

-

103,500

-

103,500

Disposals

-

(1,832,585

)

-

(1,832,585

)

At 31 December 2025

35,547

3,813,158

3,120

3,851,825

DEPRECIATION

At 1 January 2025

35,547

3,615,110

1,357

3,652,014

Charge for year

-

624,507

781

625,288

Eliminated on disposal

-

(1,700,309

)

-

(1,700,309

)

At 31 December 2025

35,547

2,539,308

2,138

2,576,993

NET BOOK VALUE

At 31 December 2025

-

1,273,850

982

1,274,832

At 31 December 2024

-

1,927,133

1,763

1,928,896

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 January 2025

2,114,374

Additions

96,500

Disposals

(112,689

)

Transfer to ownership

(511,800

)

At 31 December 2025

1,586,385

DEPRECIATION

At 1 January 2025

594,201

Charge for year

317,337

Eliminated on disposal

(56,343

)

Transfer to ownership

(256,400

)

At 31 December 2025

598,795

NET BOOK VALUE

At 31 December 2025

987,590

At 31 December 2024

1,520,173

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

374,828

506,975

Other debtors

1,442

197,249

VAT

39,547

43,362

Prepayments

26,841

25,500

442,658

773,086

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

247,848

365,588

Hire purchase contracts

391,040

531,061

Trade creditors

75,664

101,886

Social security and other taxes

24,584

34,442

Other creditors

11,343

29,985

Directors' current accounts

1,419

-

Accruals and deferred income

48,657

48,795

800,555

1,111,757

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

168,374

540,207