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REGISTERED NUMBER: 15135616 (England and Wales)















BALKERNE GATE INVESTMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

13 SEPTEMBER 2023 TO 30 SEPTEMBER 2024






BALKERNE GATE INVESTMENTS LTD (REGISTERED NUMBER: 15135616)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 13 SEPTEMBER 2023 TO 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


BALKERNE GATE INVESTMENTS LTD

COMPANY INFORMATION
FOR THE PERIOD 13 SEPTEMBER 2023 TO 30 SEPTEMBER 2024







DIRECTORS: D Syrett
J Runicles
A Sherwood





REGISTERED OFFICE: 33 Barrack Street
Colchester
Essex
CO1 2LL





REGISTERED NUMBER: 15135616 (England and Wales)

BALKERNE GATE INVESTMENTS LTD (REGISTERED NUMBER: 15135616)

BALANCE SHEET
30 SEPTEMBER 2024

Notes £   
FIXED ASSETS
Tangible assets 4 1,764
Investment property 5 1,314,768
1,316,532

CURRENT ASSETS
Debtors 6 13,535
Cash at bank 15,996
29,531
CREDITORS
Amounts falling due within one year 7 (1,356,827 )
NET CURRENT LIABILITIES (1,327,296 )
TOTAL ASSETS LESS CURRENT LIABILITIES (10,764 )

PROVISIONS FOR LIABILITIES (335 )
NET LIABILITIES (11,099 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (11,199 )
(11,099 )

BALKERNE GATE INVESTMENTS LTD (REGISTERED NUMBER: 15135616)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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.

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 June 2025 and were signed on its behalf by:




D Syrett - Director



J Runicles - Director


BALKERNE GATE INVESTMENTS LTD (REGISTERED NUMBER: 15135616)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 13 SEPTEMBER 2023 TO 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Balkerne Gate Investments Ltd 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.

For the purposes of presentation the financial statements are rounded to the nearest pound sterling (£).

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.

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

Plant and equipment - 25% on reducing balance

Investment property
Investment properties are shown on the Balance Sheet at their open market value. The surplus or deficit arising from the annual revaluation is transferred to the fair value reserve unless a deficit, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the income statement for the year.

Financial instruments
Basic financial instruments are recognised at amortised cost.

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.

BALKERNE GATE INVESTMENTS LTD (REGISTERED NUMBER: 15135616)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 13 SEPTEMBER 2023 TO 30 SEPTEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
Additions 1,841
At 30 September 2024 1,841
DEPRECIATION
Charge for period 77
At 30 September 2024 77
NET BOOK VALUE
At 30 September 2024 1,764

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 1,314,768
At 30 September 2024 1,314,768
NET BOOK VALUE
At 30 September 2024 1,314,768

As the investment properties were acquired during the period ended 30 September 2024 their cost is deemed not to be materially different from their fair value at the Balance Sheet date.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 2,987
Other debtors 10,548
13,535

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 10,623
Amounts owed to related undertakings 370,000
Other creditors 976,204
1,356,827

BALKERNE GATE INVESTMENTS LTD (REGISTERED NUMBER: 15135616)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 13 SEPTEMBER 2023 TO 30 SEPTEMBER 2024


8. RELATED PARTY DISCLOSURES

At the Balance Sheet date the company owed £270,000 to its joint owner, Balkerne Gate Developments (East Anglia) Limited. The balance outstanding is interest free and repayable on demand.

At the Balance Sheet date the company owed £100,000 to a company under the control of one of the directors. The balance outstanding is interest free and repayable on demand.