GK LAND INVESTMENTS LTD


Director	ROBERTS, Ian James


Registered Address	1 Cross Lane Farm Cottage Widnes Road
	Cuerdley
	Warrington
	WA5 2UW


Registered Number	14230926 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		4,215,873		-
			4,215,873		-
Current assets
Debtors	4	39,567		17,521
Cash at bank and on hand		48,177		59
		87,744		17,580
Creditors amounts falling due within one year	5	(142,676)		(46,255)
Net current assets (liabilities)			(54,932)		(28,675)
Total assets less current liabilities			4,160,941		(28,675)
Creditors amounts falling due after one year	6		(4,951,031)		-
Net assets			(790,090)		(28,675)
Capital and reserves
Called up share capital			1,429		1,000
Profit and loss account			(791,519)		(29,675)
Shareholders' funds			(790,090)		(28,675)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 28 April 2026, and are signed on its behalf by:

ROBERTS, Ian James
Director
Registered Company No. 14230926

GK LAND INVESTMENTS LTD

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Borrowing costs
	Loans are initially recognised at transaction price and subsequently at amortised cost. The APEX facility bears interest at 10% pa for the first six months (all capitalised) and thereafter 5% pa capitalised plus 5% pa cash quarterly. Interest is calculated on an actual/365 basis.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Land is stated at cost. Land is not depreciated as it has an indefinite useful economic life (FRS 102 s17.18). The Fiddlers Ferry site is held as a development asset.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
Additions	4,215,873	4,215,873
At 31 July 25	4,215,873	4,215,873
Net book value
At 31 July 25	4,215,873	4,215,873
At 31 July 24	-	-


	The Fiddlers Ferry Golf Course site was acquired on 3 September 2024. Title is registered in the name of GK Land Investments Ltd. The site is subject to a first legal charge and debenture in favour of APEX Strategic Capital LLP as security for the loan facility.

4.	Debtors: amounts due after one year
	The amount owed by subsidiary undertaking relates to Fiddlers Ferry Trading Ltd, a wholly-owned subsidiary. This amount is considered recoverable.

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	142,676	46,255
Total	142,676	46,255

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	4,951,031	-
Total	4,951,031	-


	APEX main facility: The £4,300,000 facility (fully drawn by 7 October 2024) bears interest at 10% pa for the first six months (all capitalised) and thereafter 5% pa capitalised plus 5% pa cash quarterly in arrears. APEX second facility: Unsecured facility of up to £138,000 (dated 10 April 2025). £86,800 drawn at year end. Interest at 10% pa all capitalised for the first six months from each drawdown. Subordinated loans: Unsecured loans from five individuals under a Deed of Subordination (2024). No interest charged. No fixed repayment date. Subordinated to the APEX facility.

APEX main facility: The £4,300,000 facility (fully drawn by 7 October 2024) bears interest at 10% pa for the first six months (all capitalised) and thereafter 5% pa capitalised plus 5% pa cash quarterly in arrears.
APEX second facility: Unsecured facility of up to £138,000 (dated 10 April 2025). £86,800 drawn at year end. Interest at 10% pa all capitalised for the first six months from each drawdown. 
Subordinated loans: Unsecured loans from five individuals under a Deed of Subordination (2024). No interest charged. No fixed repayment date. Subordinated to the APEX facility.

7.	Share capital
	The A ordinary shares were issued to the APEX Strategic Capital LLP investor group in connection with the loan facility.

8.	Controlling party
	The company is under the control of its shareholders collectively. No single shareholder holds a majority of the voting rights. The largest single shareholder is Hale 18 Ltd with 24,714 ordinary shares (17.3%). There is no ultimate controlling party.

9.	Parent-subsidiary relationships
	The company owns 100% of the ordinary share capital of Fiddlers Ferry Trading Ltd, a company incorporated in England and Wales. Fiddlers Ferry Trading Ltd operates the driving range and bar at the Fiddlers Ferry Golf Course site. The company has taken advantage of the small groups exemption under section 399 of the Companies Act 2006 and has not prepared consolidated financial statements.