Registered number
11076286
MOBAY AND COMPANY LIMITED
Report and Accounts
31 July 2025
www.chartered.org

MOBAY AND COMPANY LIMITED
Company Information
Directors
Keith Seville
Mehrunissa Khan
Marley Seville
Secretary
Keith Seville
Accountants
Abell Limited
128 Cannon Workshops
Cannon Drive
London E14 4AS
Bankers
Lloyds Bank plc
Registered office
6-9 The Square
Stockley Park
Uxbridge
Middlesex
UB11 1FW
Registered number
11076286

MOBAY AND COMPANY LIMITED
Registered number: | 11076286
Directors' Report
The directors present their report and accounts for the period ended 31 July 2025.
Principal activities
The company's principal activity during the year was negotiating investments in infrastructure projects focusing on Africa. During the reporting period, Mobay and Company has consolidated its strategic joint venture interests across agricultural and housing sectors in Africa. The company's share of asset value from four major developments totals over £400 million, reflecting robust positioning in land acquisition, housing delivery, and international project structuring. The Kenyan agricultural investment underpins Mobay's food security and agribusiness strategy, with land secured for high-yield cassava cultivation. The valuation reflects current market rates and strategic location advantages.
The Democratic Republic of Congo project represents Mobay's commitment to affordable housing and urban regeneration. The valuation reflects both completed units and projected returns, with currency conversion aligned to prevailing exchange rates. A flagship housing initiative in Ivory Coast, this development anchors Mobay's expansion into francophone markets. The valuation is based on contractual entitlements and projected delivery milestones. In Nigeria, Mobay and Company is involved in a project that consists of a mixed-use development commercial complex, high end residential housing, grade ‘A’ offices and retail units. Mobay continues to leverage its legal and compliance architecture to secure high-value joint ventures, ensuring regulatory alignment and sustainable delivery. The company's asset base reflects a diversified portfolio with strong regional impact and investor appeal.
Directors
The following persons served as directors during the period:
| Keith Seville
| Mehrunissa Khan
| Marley Seville
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 22 September 2025 and signed by its order.
Keith Seville
Director

MOBAY AND COMPANY LIMITED
Accountants' Report
for the period from 1 December 2024 to 31 July 2025
Accountants' report to the directors of
MOBAY AND COMPANY LIMITED
You consider that the company is exempt from an audit for the period ended 31 July 2025. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit or loss for the financial period.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Abell Limited
Chartered Accountants
128 Cannon Workshops
Cannon Drive
London E14 4AS
22 September 2025

MOBAY AND COMPANY LIMITED
Registered number: | 11076286
Balance Sheet
as at 31 July 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  |  | 444,814,467 |  |  | -
Creditors: amounts falling due within one year | 4 |  | (1,331,445) |  |  | 1
Net current (liabilities)/assets |  |  |  | (1,331,445) |  |  | 1
Total assets less current liabilities |  |  |  | 443,483,022 |  |  | 1
Creditors: amounts falling due after more than one year | 5 |  |  | (3,106,700) |  |  | -
Net assets |  |  |  | 440,376,322 |  |  | 1
Capital and reserves
Called up share capital |  |  |  | 10,000 |  |  | 1
Revaluation reserve | 6 |  |  | 440,366,322 |  |  | -
Shareholders' funds |  |  |  | 440,376,322 |  |  | 1
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Keith Seville
Director
Approved by the board on 22 September 2025

MOBAY AND COMPANY LIMITED
Notes to the Accounts
for the period from 1 December 2024 to 31 July 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Freehold buildings | over 50 years
| Leasehold land and buildings | over the lease term
| Plant and machinery | over 5 years
| Fixtures, fittings, tools and equipment | over 5 years
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
| Foreign currency translation
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 3 |  | 2
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Land and buildings
£
| Cost
| Additions | 444,814,467
| At 31 July 2025 | 444,814,467
| Depreciation
| At 31 July 2025 | -
| Net book value
| At 31 July 2025 | 444,814,467
| The company considers its investment participations continue to have the values shown. If any reduction in project values occurs the values will be adjusted.
4 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Other creditors | 1,331,445 |  | (1)
5 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Other creditors | 3,106,700 |  | -
6 | Revaluation reserve | 2025 |  | 2024
£ | £
| Land and buildings | 440,366,322 |  | -
| At 31 July 2025 | 440,366,322 |  | -
7 | Other information
| MOBAY AND COMPANY LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
| 6-9 The Square
| Stockley Park
| Uxbridge
| Middlesex
| UB11 1FW

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