Coban Capital Asset Management LLP OC443495 false 2023-09-01 2024-12-31 2024-12-31 The principal activity of the company is investment management. Digita Accounts Production Advanced 6.30.9574.0 OC443495 2023-09-01 2024-12-31 OC443495 2024-12-31 OC443495 core:OtherReservesSubtotal 2024-12-31 OC443495 core:CurrentFinancialInstruments 2024-12-31 OC443495 core:WithinOneYear 2024-12-31 OC443495 bus:SmallEntities 2023-09-01 2024-12-31 OC443495 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-12-31 OC443495 bus:FullAccounts 2023-09-01 2024-12-31 OC443495 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-12-31 OC443495 bus:RegisteredOffice 2023-09-01 2024-12-31 OC443495 bus:PartnerLLP1 2023-09-01 2024-12-31 OC443495 bus:PartnerLLP2 2023-09-01 2024-12-31 OC443495 bus:LimitedLiabilityPartnershipLLP 2023-09-01 2024-12-31 OC443495 bus:Agent1 2023-09-01 2024-12-31 OC443495 countries:AllCountries 2023-09-01 2024-12-31 OC443495 2022-08-15 2023-08-31 OC443495 2023-08-31 OC443495 core:OtherReservesSubtotal 2023-08-31 OC443495 core:CurrentFinancialInstruments 2023-08-31 iso4217:GBP xbrli:pure

Registration number: OC443495

Coban Capital Asset Management LLP
Annual Report and Unaudited Financial Statements
for the period from 1 September 2023 to 31 December 2024

Coban Capital Asset Management LLP

Contents

Limited liability partnership information | 1
Members' Report | 2
Statement of Members' Responsibilities | 3
Accountants' Report | 4
Financial Statements | 5 to 8
Profit and Loss Account | 5
Balance Sheet | 6
Notes to the Financial Statements | 7

Coban Capital Asset Management LLP

Limited liability partnership information

Designated members | Coban Global Limited Arnold Mbai

Registered office | 23 Berkeley Square London W1J 6HE

Accountants | EVMS Partners LLP Chartered Accountants 45 Ludgate Hill London EC4M 7JU

Coban Capital Asset Management LLP

Members' Report for the period from 1 September 2023 to 31 December 2024

The members present their report and the unaudited financial statements for the period from 1 September 2023 to 31 December 2024.

Principal activity

The principal activity of the limited liability partnership is investment management.

Designated members

The members who held office during the period were as follows:

Coban Global Limited

Arnold Mbai

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, as applied to limited liability partnerships.

Approved by the members on 16 September 2025 and signed on its behalf by:

......................................... Arnold Mbai Designated member

Coban Capital Asset Management LLP

Statement of Members' Responsibilities for the period from 1 September 2023 to 31 December 2024

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The Limited Liability Partnerships (Accounts & Audit) (Application of Companies Act 2006) Regulations 2008 require the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under Company law as applied to LLPs the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the limited liability partnership and of the profit or loss of the limited liability partnership for that year. In preparing these financial statements, the members are required to:

• | select suitable accounting policies and then apply them consistently;

• | make judgements and accounting estimates that are reasonable and prudent;

• | state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Partnership will continue in business.

The members are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the limited liability partnership and enable them to ensure that the financial statements comply with the Companies Act 2006, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, and in accordance with the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships (issued January 2017). They are also responsible for safeguarding the assets of the limited liability partnership and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
These responsibilities are exercised by the Board on behalf of the members.

Chartered Accountants' Report to the Members on the Preparation of the Unaudited Statutory Accounts of Coban Capital Asset Management LLP
for the Period Ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, as applied to limited liability partnerships, we have prepared for your approval the accounts of Coban Capital Asset Management LLP for the period ended 31 December 2024 set out on pages 5 to 8 from the limited liability partnership'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 members of Coban Capital Asset Management LLP, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Coban Capital Asset Management LLP and state those matters that we have agreed to state to the members of Coban Capital Asset Management LLP, 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 Coban Capital Asset Management LLP and its members as a body for our work or for this report.

It is your duty to ensure that Coban Capital Asset Management LLP 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 Coban Capital Asset Management LLP. You consider that Coban Capital Asset Management LLP is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Coban Capital Asset Management LLP. 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.

......................................
EVMS Partners LLP
Chartered Accountants
45 Ludgate Hill
London
EC4M 7JU

16 September 2025

Coban Capital Asset Management LLP

Profit and Loss Account for the Period from 1 September 2023 to 31 December 2024

| Note | For the 15 months ended 31 December 2024 £ | For the 12 months ended 31 August 2023 £
Turnover |  | - | -
Administrative expenses |  | (3,353) | -
Operating loss |  | (3,353) | -
Loss for the period before members' remuneration and profit shares |  | (3,353) | -
Loss for the period available for discretionary division among members |  | (3,353) | -

Turnover and operating profit derive wholly from continuing operations.

The limited liability partnership has no recognised gains or losses for the period other than the results above.

Coban Capital Asset Management LLP

(Registration number: OC443495)
Balance Sheet as at 31 December 2024

| Note | 31 December 2024 £ | 31 August 2023 £
Current assets |  |  |
Cash and short-term deposits |  | 1,234 | 434
Creditors: Amounts falling due within one year | 3 | (3,353) | -
Net (liabilities)/assets attributable to members |  | (2,119) | 434
Represented by: |  |  |
Loans and other debts due to members |  |  |
Other amounts | 4 | 1,234 | 434
Members’ other interests |  |  |
Other reserves |  | (3,353) | -
|  | (2,119) | 434
Total members' interests |  |  |
Loans and other debts due to members |  | 1,234 | 434
Equity |  | (3,353) | -
|  | (2,119) | 434

For the period ending 31 December 2024 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The financial statements of Coban Capital Asset Management LLP (registered number OC443495) were approved by the members and authorised for issue on 16 September 2025. They were signed on behalf of the limited liability partnership by:

......................................... Arnold Mbai Designated member

Coban Capital Asset Management LLP

Notes to the Financial Statements for the Period from 1 September 2023 to 31 December 2024

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in United Kingdom under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page. The nature of the limited liability partnership’s operations and its principal activities are given in the members’ report.
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Members' interests

Amounts due to members after more than one year comprise provisions for annuities to current members and certain loans from members which are not repayable within twelve months of the balance sheet date.

2 | Particulars of employees

The average number of persons employed by the limited liability partnership during the period was 1 (2023 - 1).

3 | Creditors: Amounts falling due within one year

| 31 December 2024 £
Other creditors | 3,353

Coban Capital Asset Management LLP

Notes to the Financial Statements for the Period from 1 September 2023 to 31 December 2024

4 | Analysis of other amounts

| 31 December 2024 £ | 31 August 2023 £
Money advanced to the LLP by the members by way of loan | 1,234 | 434

5 | Control

The ultimate controlling party is Arnold Mbai.