REGISTERED NUMBER: 04924810 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SANTOK INVESTMENTS LIMITED

Page

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr V Pau

Mr J Pau

SECRETARY:

Mr V Pau

REGISTERED OFFICE:

505 Pinner Road

Harrow

Middlesex

HA2 6EH

REGISTERED NUMBER:

04924810 (England and Wales)

ACCOUNTANTS:

STG Accountants Limited

505 Pinner Road

Harrow

Middlesex

HA2 6EH

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Santok Investments Limited for the year ended 31 December 2024 which comprise the Profit and Loss, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Santok Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Santok Investments Limited and state those matters that we have agreed to state to the Board of Directors of Santok Investments Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Santok Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Santok Investments Limited. You consider that Santok Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Santok Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

STG Accountants Limited

505 Pinner Road

Harrow

Middlesex

HA2 6EH

24 September 2025

FIXED ASSETS

Property, plant and equipment

4

2,043

3,065

Investment property

5

3,750,000

3,300,000

3,752,043

3,303,065

CURRENT ASSETS

Debtors

6

1,497,314

206,602

Cash at bank

110,882

72,985

1,608,196

279,587

CREDITORS

Amounts falling due within one year

7

1,042,570

1,641,376

NET CURRENT ASSETS/(LIABILITIES)

565,626

(1,361,789

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,317,669

1,941,276

CREDITORS

Amounts falling due after more than one year

8

(1,881,350

)

(14,930

)

PROVISIONS FOR LIABILITIES

(324,099

)

(207,331

)

NET ASSETS

2,112,220

1,719,015

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

1,516,181

1,178,681

Retained earnings

10

595,939

540,234

SHAREHOLDERS' FUNDS

2,112,220

1,719,015

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

Mr V Pau - Director

1.	STATUTORY INFORMATION

Santok 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable, net of value added tax. Turnover is recognised on a rent receivable basis to the balance sheet date.

Tangible fixed assets

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

Fixtures and fittings

-

33.33% on reducing balance

Investment property

Investment property whose fair value can be measured reliably without undue cost or effort shall be measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

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 2 (2023 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 January 2024

and 31 December 2024

77,167

DEPRECIATION

At 1 January 2024

74,102

Charge for year

1,022

At 31 December 2024

75,124

NET BOOK VALUE

At 31 December 2024

2,043

At 31 December 2023

3,065

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

3,300,000

Revaluations

450,000

At 31 December 2024

3,750,000

NET BOOK VALUE

At 31 December 2024

3,750,000

At 31 December 2023

3,300,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2010

772,130

Valuation in 2012

(362,883

)

Valuation in 2013

(15,000

)

Valuation in 2015

310,000

Valuation in 2016

208,281

Valuation in 2018

49,781

Valuation in 2021

135,000

Valuation in 2023

265,000

Valuation in 2024

450,000

Cost

1,937,691

3,750,000

The Investment properties were professionally valued by qualified Valuers at £3,750,000 in September 2024.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

63,306

8,901

Amounts owed by connected companies

1,434,008

102,344

Other debtors

-

95,357

1,497,314

206,602

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

8,580

8,580

Trade creditors

1,253

10,091

Amounts owed to connected companies

781,200

915,628

Taxation and social security

41,754

14,920

Other creditors

209,783

692,157

1,042,570

1,641,376

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

1,881,350

14,930

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

1,875,000

-

The bank loan is secured over the company's investment property and by a guarantee by the shareholders. The loan is repayable in full by 2027 and interest is charges at 1.95% above the base rate per annum.

10.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 January 2024

540,234

1,178,681

1,718,915

Profit for the year

393,205

393,205

Fair value reserve

(337,500

)

337,500

-

At 31 December 2024

595,939

1,516,181

2,112,120

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, there are amounts owed to the directors totalling £84,730 (2023: £613,728). These amounts due are interest free and repayable on demand.

12.	RELATED PARTY DISCLOSURES

At the period end, the company had amounts due from connected companies of £1,434,008 (2024: £102,344) and amounts payable of £781,200 (2024: £915,628). The connected companies are under common directorship/shareholding. All balances are unsecured, interest-free and repayable on demand.