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REGISTERED NUMBER: 13134074 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

PKE Investments Limited

PKE Investments Limited (Registered number: 13134074)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PKE Investments Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mr P J McCracken
Mrs K M Robinson





REGISTERED OFFICE: Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW





REGISTERED NUMBER: 13134074 (England and Wales)





ACCOUNTANTS: Harris & Co Limited
Chartered Accountants
Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW

PKE Investments Limited (Registered number: 13134074)

Balance Sheet
31 January 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Investments 5 3,163,813 2,813,199
Investment property 6 130,287 130,287
3,294,100 2,943,486

CURRENT ASSETS
Cash at bank 167,705 277,568

CREDITORS
Amounts falling due within one year 7 3,155,365 3,184,235
NET CURRENT LIABILITIES (2,987,660 ) (2,906,667 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

306,440

36,819

PROVISIONS FOR LIABILITIES 114,433 14,747
NET ASSETS 192,007 22,072

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 191,907 21,972
SHAREHOLDERS' FUNDS 192,007 22,072

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

PKE Investments Limited (Registered number: 13134074)

Balance Sheet - continued
31 January 2024


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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:





Mr P J McCracken - Director


PKE Investments Limited (Registered number: 13134074)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

PKE 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 and functional 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 on a going concern basis under the historical cost convention, modified to include certain items at fair value.

Significant judgements and estimates
The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents amounts earned on goods and services provided during the year and derives from the provision of goods and services falling within the company's ordinary activities.

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 Statement of Income and Retained Earnings, 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.

PKE Investments Limited (Registered number: 13134074)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

3. ACCOUNTING POLICIES - continued

True and fair override - investments in preference and ordinary shares
The revaluation of the fixed asset investments portfolio as a whole is performed on an annual basis. As a result of this, determination of the revalued carrying values of the individual investments sold in the year has not been deemed sufficiently accurate to provide a true and fair view of the gain/loss on disposals of fixed asset investments under the fair value method.

As a result, the gain/loss on investments recognised in the profit and loss account is calculated on the basis of sales proceeds less cost.

These financial statements have complied with Financial Reporting Standard 102 Section 1A, except that it has departed from the requirements of sections 1AC.12 &13 (Fixed asset investments measured at fair value) to the extent detailed above in order to give a true and fair view.

Management has concluded that the financial statements give a true and fair view of the company's financial position.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 February 2023 2,813,199
Additions 885,543
Disposals (933,674 )
Revaluations 398,745
At 31 January 2024 3,163,813
NET BOOK VALUE
At 31 January 2024 3,163,813
At 31 January 2023 2,813,199

Cost or valuation at 31 January 2024 is represented by:

Other
investments
£   
Valuation in 2024 398,745
Cost 2,765,068
3,163,813

PKE Investments Limited (Registered number: 13134074)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 130,287
NET BOOK VALUE
At 31 January 2024 130,287
At 31 January 2023 130,287

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Taxation and social security 13,276 13,707
Other creditors 3,142,089 3,170,528
3,155,365 3,184,235

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: as
restated
£    £   
45 Ordinary A 1 45 45
45 Ordinary B 1 45 45
10 Ordinary C 1 10 10
100 100

9. RELATED PARTY DISCLOSURES

As at the year end the following loans were owed, by the company, to the directors:

Mr P J McCracken £1,554,554 (2023 - £1,579,138).

Mrs K M Robinson £1,584,544 (2023 - £1,579,138).