Balk Investments Limited

	Page
Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 13500095

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		2,051,050		1,717,650

			2,051,050		1,717,650
CURRENT ASSETS
Debtors	5	1		1
Cash at bank and in hand		16,156		317,745

		16,157		317,746
Creditors: Amounts Falling Due Within One Year	6	(1,393,921 )		(1,046,593 )

NET CURRENT ASSETS (LIABILITIES)			(1,377,764 )		(728,847 )

TOTAL ASSETS LESS CURRENT LIABILITIES			673,286		988,803

Creditors: Amounts Falling Due After More Than One Year	7		(885,534 )		(1,077,808 )

NET LIABILITIES			(212,248 )		(89,005 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(212,249 )		(89,006 )

SHAREHOLDERS' FUNDS			(212,248)		(89,005)

Page 1

Page 2

Balk Investments Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr B Keith

Director

29 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Balk Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13500095 . The registered office is 255 Old Shoreham Road, Hove, East Sussex, BN3 7ED.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Investment Property

	31 December 2024
	£
Fair Value
As at 1 January 2024	1,717,650
Additions	333,400

As at 31 December 2024	2,051,050

5. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Called up share capital not paid	1	1

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Intercompany - SPIM	5,328	5,000
Intercompany - Star Racing	1,239,793	1,039,793
Intercompany - On Course	100,000	-
Accruals	1,800	1,800
Directors' loan accounts	47,000	-

	1,393,921	1,046,593

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Balk Investments Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due After More Than One Year

	31 December 2024	31 December 2023
	£	£
Bank loans	885,534	1,077,808

8. Share Capital

	31 December 2024	31 December 2023
	£	£
Called Up Share Capital not Paid	1	1

Amount of Allotted, Called Up Share Capital	1	1