Baobab Capital Limited - Period Ending 2017-08-31

Registration number: 08660146

Baobab Capital Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2017

CD68 Enterprises Ltd
18 Kinnoul Road
London
W6 8NQ

Baobab Capital Limited

Contents

Company Information	1
Accountants' Report	2
Profit and Loss Account	3
Balance Sheet	4 to 5
Notes to the Financial Statements	4

Baobab Capital Limited

Company Information

Director

Mr R Py

Registered office

15 Charleville Mansions Charleville Road West Kensington London W14 9JB

Accountants

CD68 Enterprises Ltd 18 Kinnoul Road London W6 8NQ

Page 1

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Baobab Capital Limited
for the Year Ended 31 August 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Baobab Capital Limited for the year ended 31 August 2017 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Baobab Capital Limited, as a body, in accordance with the terms of our engagement letter dated 22 April 2014. Our work has been undertaken solely to prepare for your approval the accounts of Baobab Capital Limited and state those matters that we have agreed to state to the Board of Directors of Baobab Capital Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Baobab Capital Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Baobab Capital Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Baobab Capital Limited. You consider that Baobab Capital 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 accounts of Baobab Capital 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 accounts.

......................................

CD68 Enterprises Ltd
18 Kinnoul Road
London
W6 8NQ

31 May 2018

Page 2

Baobab Capital Limited

Profit and Loss Account for the Year Ended 31 August 2017

	2017 £	2016 £
Turnover	-	17,970
Depreciation and other amounts written off assets	-	(2,487)
Other charges	(300)	(30,966)
Loss for the year	(300)	(15,483)

Page 3

Baobab Capital Limited

(Registration number: 08660146)
Balance Sheet as at 31 August 2017

	2017 £	2016 £
Fixed assets	9,440	9,440
Current assets	73,631	73,630
Creditors: Amounts falling due within one year	(28,067)	(27,766)
Net current assets	45,564	45,864
Total assets less current liabilities	55,004	55,304
Provisions for liabilities	(3,604)	(3,604)
Accruals and deferred income	(1,100)	(1,100)
	50,300	50,600
Capital and reserves	50,300	50,600

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
15 Charleville Mansions
Charleville Road
West Kensington
London
W14 9JB

These financial statements were authorised for issue by the director on 31 May 2018.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Related party transactions

Transactions with directors

2017	At 1 September 2016 £	Repayments by director £	At 31 August 2017 £
Mr R Py
Loan to company	27,766	300	28,066

Page 4

Baobab Capital Limited

(Registration number: 08660146)
Balance Sheet as at 31 August 2017

2016	At 1 September 2015 £	Repayments by director £	At 31 August 2016 £
Mr R Py
Loan to company	26,409	1,357	27,766

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 August 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 31 May 2018
 

.........................................

Mr R Py

Director

Page 5