Registration number: 06498182

CRE8ION PROPERTIES LTD

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

CRE8ION PROPERTIES LTD

Company Information

Directors

N E Hoareau J C Hoareau

Registered office

South Bank Newbury Road Lambourn Berkshire RG17 7LL

Accountants

K&S Professionals Limited Chartered Certified Accountants41 Rivington Crescent Mill Hill London NW7 2LF

CRE8ION PROPERTIES LTD

(Registration number: 06498182)
Balance Sheet as at 28 February 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	10,338	15,506
Investment property	5	495,000	495,000
		505,338	510,506
Current assets
Cash at bank and in hand		424,580	425,873
Creditors: Amounts falling due within one year	6	(217,821)	(212,479)
Net current assets		206,759	213,394
Total assets less current liabilities		712,097	723,900
Creditors: Amounts falling due after more than one year	6	(346,326)	(337,644)
Provisions for liabilities		(33,014)	(33,014)
Net assets		332,757	353,242
Capital and reserves
Called up share capital	7	600	600
Revaluation reserve		101,637	101,637
Retained earnings		230,520	251,005
Shareholders' funds		332,757	353,242

For the financial year ending 28 February 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 October 2026 and signed on its behalf by:
 

CRE8ION PROPERTIES LTD

(Registration number: 06498182)
Balance Sheet as at 28 February 2026

......................................... J C Hoareau Director

CRE8ION PROPERTIES LTD

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1	General information

The company is a private company limited by share capital, incorporated in England andd Wales.

The address of its registered office is:
South Bank
Newbury Road
Lambourn
Berkshire
RG17 7LL

These financial statements were authorised for issue by the Board on 14 October 2026.

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 that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

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

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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.

CRE8ION PROPERTIES LTD

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

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
Plant and machinery	25% Reducing balance method

Investment property

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

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 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 subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

CRE8ION PROPERTIES LTD

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4	Tangible assets

	Motor vehicles  £	Total £
Cost or valuation
At 1 March 2025	50,093	50,093
At 28 February 2026	50,093	50,093
Depreciation
At 1 March 2025	34,587	34,587
Charge for the year	5,168	5,168
At 28 February 2026	39,755	39,755
Carrying amount
At 28 February 2026	10,338	10,338
At 28 February 2025	15,506	15,506

5	Investment properties

	2026 £
At 1 March	495,000
At 28 February	495,000

The investment property was valued on an open market basis on 28 February 2026 by the directors.

CRE8ION PROPERTIES LTD

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Accruals and deferred income	690	690
Other creditors	217,131	211,789
	217,821	212,479

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	8	346,326	337,644

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	600	600	600	600

8	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	346,326	337,644

The mortgage facility is secured by a fixed and floating charge over the company.