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REGISTERED NUMBER: 14874380 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 17 MAY 2023 TO 31 MAY 2024

FOR

BOUAKA LIMITED

BOUAKA LIMITED (REGISTERED NUMBER: 14874380)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 MAY 2023 TO 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BOUAKA LIMITED

COMPANY INFORMATION
FOR THE PERIOD 17 MAY 2023 TO 31 MAY 2024







DIRECTOR: Mr S Fahr





REGISTERED OFFICE: St James' Hall
Mill Road
Lancing
West Sussex
BN15 0PT





REGISTERED NUMBER: 14874380 (England and Wales)





ACCOUNTANTS: Peter Jarman LLP
trading as
Peter Jarman & Company
1 Harbour House
Harbour Way
Shoreham by Sea
West Sussex
BN43 5HZ

BOUAKA LIMITED (REGISTERED NUMBER: 14874380)

BALANCE SHEET
31 MAY 2024

Notes £   
FIXED ASSETS
Investment property 4 200,000

CURRENT ASSETS
Debtors 5 6,886
Cash at bank 2,687
9,573
CREDITORS
Amounts falling due within one year 6 (101,675 )
NET CURRENT LIABILITIES (92,102 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,898

CREDITORS
Amounts falling due after more than one
year

7

(126,705

)

PROVISIONS FOR LIABILITIES (1,022 )
NET LIABILITIES (19,829 )

CAPITAL AND RESERVES
Called up share capital 100
Fair value reserve 9 4,358
Retained earnings (24,287 )
SHAREHOLDERS' FUNDS (19,829 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BOUAKA LIMITED (REGISTERED NUMBER: 14874380)

BALANCE SHEET - continued
31 MAY 2024


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 February 2025 and were signed by:





Mr S Fahr - Director


BOUAKA LIMITED (REGISTERED NUMBER: 14874380)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 MAY 2023 TO 31 MAY 2024

1. STATUTORY INFORMATION

Bouaka 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable on investment properties for the accounting period

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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 period 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 period was 1 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 196,274
Revaluations 5,381
Impairments (1,655 )
At 31 May 2024 200,000
NET BOOK VALUE
At 31 May 2024 200,000

BOUAKA LIMITED (REGISTERED NUMBER: 14874380)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 MAY 2023 TO 31 MAY 2024

4. INVESTMENT PROPERTY - continued

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2024 5,381
Cost 194,619
200,000

If investment property had not been revalued it would have been included at the following historical cost:

£   
Cost 194,619

The investment properties were valued on an open market basis on 31 May 2024 by the director .

The company owns 2 investment properties and the combined value of the properties are £200,000 at the financial year.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 6,886

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 293
Other creditors 101,382
101,675

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 126,705

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 126,705

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 126,705

The mortgage is secured by a charge over the assets in the company including investment property.

BOUAKA LIMITED (REGISTERED NUMBER: 14874380)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 MAY 2023 TO 31 MAY 2024

9. RESERVES
Fair
value
reserve
£   
Non distributable profit 4,358

At 31 May 2024 4,358