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REGISTERED NUMBER: 07243330 (England and Wales)
























SAHARA ENERGY FIELDS HOLDING UK LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST DECEMBER 2017






SAHARA ENERGY FIELDS HOLDING UK LTD (REGISTERED NUMBER: 07243330)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31st December 2017




Page

Balance Sheet 1

Notes to the Financial Statements 2


SAHARA ENERGY FIELDS HOLDING UK LTD (REGISTERED NUMBER: 07243330)

BALANCE SHEET
31st December 2017

2017 2016
Notes £    £   
FIXED ASSETS
Investments 3 16,524 16,524

CURRENT ASSETS
Cash in hand 10,000 10,000

CREDITORS
Amounts falling due within one year 4 (22,998 ) (22,278 )
NET CURRENT LIABILITIES (12,998 ) (12,278 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,526

4,246

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings (6,474 ) (5,754 )
SHAREHOLDERS' FUNDS 3,526 4,246

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2017 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 10th July 2018 and were signed on its behalf by:





Adedeji Odunsi - Director


SAHARA ENERGY FIELDS HOLDING UK LTD (REGISTERED NUMBER: 07243330)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31st December 2017

1. STATUTORY INFORMATION

SAHARA ENERGY FIELDS HOLDING UK LTD is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address are as below:

Registered number: 07243330

Registered office: Elscot House
Arcadia Avenue
London
N3 2JU

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investments in associates
Investments in associate undertakings are recognised at cost.

3. FIXED ASSET INVESTMENTS
Interest
in group
undertakings
£   
COST
At 1st January 2017
and 31st December 2017 16,524
NET BOOK VALUE
At 31st December 2017 16,524
At 31st December 2016 16,524

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

Sahara Energy Africa B.V
Registered office: Flight Forum40, 5657 DB Eindhoven, The Netherlands
Nature of business: Real Estate
%
Class of shares: holding
Ordinary 100.00
31.12.16 31.12.15
£    £   
Aggregate capital and reserves (129,028 ) (106,000 )
Loss for the year (15,031 ) (33,742 )

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Amounts owed to group undertakings 17,370 17,370
Other creditors 5,628 4,908
22,998 22,278