Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 07243330 Mr Temitope Shonubi Mr Adedeji Odunsi Centrum Secretaries Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07243330 2022-12-31 07243330 2023-12-31 07243330 2023-01-01 2023-12-31 07243330 frs-core:CurrentFinancialInstruments 2023-12-31 07243330 frs-core:ShareCapital 2023-12-31 07243330 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07243330 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07243330 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07243330 frs-bus:SmallEntities 2023-01-01 2023-12-31 07243330 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07243330 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07243330 frs-core:CostValuation 2022-12-31 07243330 frs-core:CostValuation 2023-12-31 07243330 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 07243330 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 07243330 frs-bus:Director1 2023-01-01 2023-12-31 07243330 frs-bus:Director2 2023-01-01 2023-12-31 07243330 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 07243330 frs-core:CurrentFinancialInstruments 1 2023-12-31 07243330 frs-countries:EnglandWales 2023-01-01 2023-12-31 07243330 2021-12-31 07243330 2022-12-31 07243330 2022-01-01 2022-12-31 07243330 frs-core:CurrentFinancialInstruments 2022-12-31 07243330 frs-core:ShareCapital 2022-12-31 07243330 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 07243330 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 07243330
SAHARA ENERGY FIELDS HOLDING UK LTD
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 07243330
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 10,185 10,185
10,185 10,185
CURRENT ASSETS
Debtors 5 225 200
Cash at bank and in hand 10,000 10,000
10,225 10,200
Creditors: Amounts Falling Due Within One Year 6 (48,658 ) (41,259 )
NET CURRENT ASSETS (LIABILITIES) (38,433 ) (31,059 )
TOTAL ASSETS LESS CURRENT LIABILITIES (28,248 ) (20,874 )
NET LIABILITIES (28,248 ) (20,874 )
CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Profit and Loss Account (38,248 ) (30,874 )
SHAREHOLDERS' FUNDS (28,248) (20,874)
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Adedeji Odunsi
Director
09/09/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SAHARA ENERGY FIELDS HOLDING UK LTD is a private company, limited by shares, incorporated in England & Wales, registered number 07243330 . The registered office is Elscot House, Arcadia Avenue, London, N3 2JU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Investments
Other
£
Cost
As at 1 January 2023 10,185
As at 31 December 2023 10,185
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 10,185
As at 1 January 2023 10,185
5. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 225 200
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 1,272
Shareholders funds 30,808 22,137
Accruals and deferred income 480 480
Amounts owed to group undertakings 17,370 17,370
48,658 41,259
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 10,000 10,000
Page 3