Pearl Brook Investments Ltd

Crestbridge Corporate Services Ltd

47 Esplanade, St Helier
Jersey JE1 0BD
Trial Balance
1-Jan-2023 to 31-Dec-2023
Pearl Brook Investments Ltd
Particulars 1-Jan-2023 to 31-Dec-2023
Opening Transactions
Balance Debit Credit
Capital Account 86748757.01 Cr
Retained Earnings -39096872.33 Cr
Shareholder's Contributions -47651884.68 Cr

Current Liabilities 118428654.86 Cr 19372533.13 73241784.42

Trade and Other Payables -31597.69 Cr 30450.48 39423.08
Admin Fees Payable -12391.69 Cr 30450.48 34423.08
Audit Fees Payable -19206.00 Cr 5000.00
MML Holdings Ltd -118397057.17 Cr 19342082.65 73202361.34

Investments 204789231.00 Dr 107885367.06 35256142.07

Real Estate Ventures 184534080.93 Dr 81076021.44 28992263.07
Ask India Real Estate Fund 4949078.18 Dr 2950822.60
Blackstone Real Estate Partners Europe V
Blackstone Real Estate Partners Europe VI 8929109.55 Dr 5456894.34 35977.20
Blackstone Real Estate Partners IX 21298492.65 Dr 1409165.31 457031.87
Broad Street Project Ltd 8260437.16 Dr 3130740.00
Brookfield Real Estate II 15799227.25 Dr 714369.75 3478041.75
Brookfield Real Estate III 16395052.81 Dr 2544691.47 93747.33
Dauntless Capital Partners Fund I 3918294.03 Dr 906686.06 597906.83
EQT Infrastructure V 10481564.47 Dr 5179201.68 694541.12
EQT Real Estate II 6166848.73 Dr 942085.04
Excelsior Renewable Energy Fund I 5121055.00 Dr 3851675.00
Great Charles Street Project Ltd 8146076.78 Dr 908025.00 9054101.78
Great Charles Street Project Ltd(2nd phase) 7089600.00
Heworth Green Project Company Ltd (York) 3049990.00 Dr 1346638.00
Holland Street Project (development) 5902657.50 Dr 779278.00
Liverpool_Tower One Property 4331293.80 Dr 730810.00
Maven Holdings Co-Investment 1000000.00 Dr
Present Made Eddington Project Ltd 6769662.00 Dr 711658.18 5675341.62
Present Made Houghton Conquest Ltd 23674167.50 Dr 38404486.82
Sackville Street Project (Brighton) 14628750.00 Dr 5445926.00 5046725.97
Soyo Leeds Project Co. Ltd. 7044823.02 Dr 1077120.00
Springside Project Company Ltd 8667500.50 Dr 446970.79 908025.00
Fair Value Provisions- Real Esatae Investments 20255150.07 Dr 26809345.62 6263879.00
Current Assets 388180.87 Dr 76416326.51 76413715.59
Bank Accounts 3369.77 Dr 76416326.51 76413715.59
Barclays EUR A/c 1570.87 Dr 55.05
Barclays GBP A/c 156.62 Dr 44208904.05 44209021.92
Barclays GBP (INC) A/c 689.72 Dr 3392.42 718.68
Barclays US$ A/c 950.71 Dr
Barclays USD (INC) A/c 1.85 Dr
NTRS EUR 11920405.83 11920405.83
NTRS USD 20283569.16 20283569.16

Accounts Receivable 384811.10 Dr

Other Receivables 384810.12 Dr
Prepaid Mgmt Fees 0.98 Dr
Profit Receivable on Tawarruq

Expenses 4427768.46 133423.37

General & Administration 101518.71 30450.48
Administration Fees 93707.37 30450.48
Audit Fees 5000.00
Bank Charges 2811.34

Mgmt & Placement Fees - Funds 2655966.00 102921.17

Mgmt Fees & Exps - Blackstone Real Estate Europe VI 393449.17
Mgmt Fees & Exps - Blackstone Real Estate IX 361866.19
Mgmt Fees & Exps - Brookfield Real Estate II 291271.50
Mgmt Fees & Exps - Brookfield Real Estate III 645340.01
Mgmt Fees & Exps - Dauntless Capital Partners Fund I 83483.66
Mgmt Fees & Exps - EQT Infrastructure V 392505.43
Mgmt Fees & Exps - EQT Real Estate II 390361.04 102921.17
Mgmt Fees & Exps - Excelsior Energy I 97689.00

Foreign Exchange Gains/Loss 1670283.75 51.72

Income 11921169.30 34974754.14

Dividend Income - Real Estate Ventures 161422.57 1915035.96
Dividend & Interest - Blackstone Real Estate IX 83596.10
Dividend & Interest - Blackstone Real Estate VI 1646.60 8233.00
Dividend & Interest - Brookfield Real Estate II 46680.75 1297677.00
Dividend & Interest - Brookfield Real Estate III 113095.22 398533.08
Dividend & Interest - Dauntless Capital Fund I 95721.78
Dividend & Interest - Excelsior Renewable Energy Fund I 31275.00

Indirect Incomes 3344.87

Interest Received 3344.87

Real Estate Gains Realized 449141.76 6250372.56

Gains - Blackstone Real Estate Europe VI 6073.52 26287.67
Gains - Blackstone Real Estate Partners IX 226825.60 466986.76
Gains - Brookfield Real Estate II 2936256.75
Gains - Brookfield Real Estate III 216242.64 227775.39
Gains - EQT Real Estate II 116471.44
Gains - Great Charles Street Project Ltd 2339473.76
Gains - Springside Project Company Ltd 137120.79

Change In Fair Values Investments Gains/Loss 6263879.00 26809345.62

Impairment Provisions 5046725.97
Grand Total 220023164.46 220023164.46
ments Ltd
Dec-2023
Closing
Balance
86748757.01 Cr
-39096872.33 Cr
-47651884.68 Cr

172297906.15 Cr
-40570.29 Cr
-16364.29 Cr
-24206.00 Cr
-172257335.86 Cr

277418455.99 Dr
236617839.30 Dr
1998255.58 Dr

14350026.69 Dr
22250626.09 Dr
11391177.16 Dr
13035555.25 Dr
18845996.95 Dr
4227073.26 Dr
14966225.03 Dr
7108933.77 Dr
8972730.00 Dr

7089600.00 Dr
4396628.00 Dr
6681935.50 Dr
5062103.80 Dr
1000000.00 Dr
1805978.56 Dr
62078654.32 Dr
15027950.03 Dr
8121943.02 Dr
8206446.29 Dr
40800616.69 Dr
 390791.79 Dr
5980.69 Dr
1625.92 Dr
38.75 Dr
3363.46 Dr
950.71 Dr
1.85 Dr

384811.10 Dr
384810.12 Dr
0.98 Dr

4294345.09 Dr
71068.23 Dr
63256.89 Dr
5000.00 Dr
2811.34 Dr

2553044.83 Dr
393449.17 Dr
361866.19 Dr
291271.50 Dr
645340.01 Dr
83483.66 Dr
392505.43 Dr
287439.87 Dr
97689.00 Dr

1670232.03 Dr

-23053584.84 Cr
-1753613.39 Cr
-83596.10 Cr
-6586.40 Cr
-1250996.25 Cr
-285437.86 Cr
-95721.78 Cr
-31275.00 Cr

-3344.87 Cr
 -3344.87 Cr

-5801230.80 Cr
-20214.15 Cr
-240161.16 Cr
-2936256.75 Cr
-11532.75 Cr
-116471.44 Cr
-2339473.76 Cr
-137120.79 Cr

-20545466.62 Cr
5046725.97 Dr