REGISTERED NUMBER: 12339717 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

GFA UK REAL ESTATE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S R Kleine

A D Collett

REGISTERED OFFICE:

Tournament Fields Business Park

Agincourt Road

Warwick

CV34 6XZ

REGISTERED NUMBER:

12339717 (England and Wales)

INDEPENDENT AUDITORS:

Prime

Chartered Accountants

Statutory Auditor

5 Argosy Court

Scimitar Way

Whitley Business Park

Coventry

CV3 4GA

FIXED ASSETS

Tangible assets

3

3,843,467

3,910,438

CURRENT ASSETS

Cash at bank

825,222

1,030,427

CREDITORS

Amounts falling due within one year

4

5,644,047

5,700,978

NET CURRENT LIABILITIES

(4,818,825

)

(4,670,551

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(975,358

)

(760,113

)

PROVISIONS FOR LIABILITIES

32,018

-

NET LIABILITIES

(1,007,376

)

(760,113

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(1,007,377

)

(760,114

)

(1,007,376

)

(760,113

)

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 22 June 2026 and were signed on its behalf by:

A D Collett - Director

1.	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.

These accounts have been prepared on the going concern basis. There was a net deficiency of assets of £4,869,813 at the balance sheet date. Of this balance, £5,295,126 is owed to the parent company. The parent will not recall what is due until this entity is in a position to repay.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Freehold property

-

2% on cost

Fixtures and fittings

-

Straight line over 15 years

Computer equipment

-

33.33% on cost

Freehold land is not depreciated.

Taxation

Taxation for the year 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 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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

3.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

3,641,781

842,007

14,152

4,497,940

Additions

-

49,455

-

49,455

At 31 December 2025

3,641,781

891,462

14,152

4,547,395

DEPRECIATION

At 1 January 2025

298,510

274,840

14,152

587,502

Charge for year

59,743

56,683

-

116,426

At 31 December 2025

358,253

331,523

14,152

703,928

NET BOOK VALUE

At 31 December 2025

3,283,528

559,939

-

3,843,467

At 31 December 2024

3,343,271

567,167

-

3,910,438

Included in cost of land and buildings is freehold land of £ 700,000 (2024 - £ 700,000 ) which is not depreciated.

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

975

Amounts owed to group undertakings

5,295,126

5,295,126

Taxation and social security

1,591

9,789

Other creditors

347,330

395,088

5,644,047

5,700,978

5.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jeremy Kitson BA FCA (Senior Statutory Auditor)

for and on behalf of Prime

6.	ULTIMATE CONTROLLING PARTY

The immediate and ultimate parent company is BPK Beteiligungsgesellschaft GmbH & Co.KG, an entity registered in Germany.