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REGISTERED NUMBER: 04381577 (England and Wales)















Financial Statements for the Year Ended 28 February 2023

for

Mopane Investment Company Limited

Mopane Investment Company Limited (Registered number: 04381577)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mopane Investment Company Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: C A Butterfield FCA
J S Butterfield





SECRETARY: J M Butterfield





REGISTERED OFFICE: North Lodge Farm
Widmerpool Lane
Widmerpool
Nottingham
NG12 5QE





REGISTERED NUMBER: 04381577 (England and Wales)





ACCOUNTANTS: Mellor Oxland LLP
Chartered Accountants
Hine House
25 Regent Street
Nottingham
NG1 5BS

Mopane Investment Company Limited (Registered number: 04381577)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 314,959 314,959

CREDITORS
Amounts falling due within one year 5 193 193
NET CURRENT LIABILITIES (193 ) (193 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

314,766

314,766

CREDITORS
Amounts falling due after more than
one year

6

299,939

296,409
NET ASSETS 14,827 18,357

CAPITAL AND RESERVES
Called up share capital 3 3
Revaluation reserve 7 53,000 53,000
Retained earnings (38,176 ) (34,646 )
SHAREHOLDERS' FUNDS 14,827 18,357

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Mopane Investment Company Limited (Registered number: 04381577)

Balance Sheet - continued
28 February 2023


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 27 November 2023 and were signed on its behalf by:





C A Butterfield FCA - Director


Mopane Investment Company Limited (Registered number: 04381577)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

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

2. 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.

A going concern basis has been adopted, as the directors will continue to support the company financially and there are no immediate plans to call in the loan to the company. The Covid-19 pandemic has had some adverse effect on the company's investments but the directors do not consider the value of those to have been impaired as a result.

Investments in associates
Investments in associate undertakings are recognised at fair value.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Mopane Investment Company Limited (Registered number: 04381577)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 March 2022
and 28 February 2023 314,959
NET BOOK VALUE
At 28 February 2023 314,959
At 28 February 2022 314,959


The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Tuli Safari Botswana Limited
Registered office: Ashton Gate Stadium, Ashton Road, Bristol, England, BS3 2EJ
Nature of business: Holding company
%
Class of shares: holding
Ordinary 4.35
Deferred
30.9.22 30.9.21
£    £   
Aggregate capital and reserves 3,631,901 3,657,065
Loss for the year (25,164 ) (268,520 )

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 193 193

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Other creditors 299,939 296,409

Mopane Investment Company Limited (Registered number: 04381577)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. RESERVES
Revaluation
reserve
£   
At 1 March 2022
and 28 February 2023 53,000

8. RELATED PARTY DISCLOSURES

At the year end the company owed Willoughby 395 (EBK) Limited £299,939 (2022 £296,409). C A Butterfield FCA is a director of Willoughby 395 (EBK) Limited. No interest is currently being charged on the loan.