FOAB.UK LIMITED

Company Registration Number:
05953397 (England and Wales)

Unaudited micro entity accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

FOAB.UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

FOAB.UK LIMITED

Company Information

for the Period Ended 31 December 2022




Director: Oluwole Francis Adetola
Enitan Jaiye Adetola
Olutola Emmanuel Adetola
Secretary: Enitan Jaiye Adetola
Registered office: Hamilton House
Mabledon Place
London
England
WC1H 9BB
Company Registration Number: 05953397 (England and Wales)

FOAB.UK LIMITED

Directors' Report Period Ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Principal Activities

The principal activity of the company in the period under review was provision of general quantity surveying and consultancy services.

Directors

The directors shown below have held office during the whole of the period from 01 January 2022 to 31 December 2022
Oluwole Francis Adetola
Enitan Jaiye Adetola
Olutola Emmanuel Adetola

Secretary
Enitan Jaiye Adetola

This report was approved by the board of directors on 6 June 2023
And Signed On Behalf Of The Board By:

Name: Oluwole Francis Adetola
Status: Director

FOAB.UK LIMITED

Profit and Loss Account

for the Period Ended 31 December 2022


2022
£

2021
£
Turnover 82,574 67,841
Income from coronavirus (COVID-19) business support grants - 11,538
Cost of Materials ( 16,127 ) ( 14,711 )
Staff Costs ( 92,436 ) ( 102,193 )
Depreciation and Writeoffs ( 1,912 ) ( 1,912 )
Other charges ( 94 ) ( 184 )
Profit or (Loss) for Period ( 27,995 ) ( 39,621 )

FOAB.UK LIMITED

Balance sheet

As at 31 December 2022


2022
£

2021
£
Fixed Assets: 5,754 7,666
Current assets: 32,915 16,687
Creditors: amounts falling due within one year: ( 11,854 ) ( 13,214 )
Net current assets (liabilities): 21,061 3,473
Total assets less current liabilities: 26,815 11,139
Creditors: amounts falling due after more than one year: ( 87,875 ) ( 53,000 )
Total net assets (liabilities): ( 61,060 ) ( 41,861 )
Capital and reserves: ( 61,060 ) ( 41,861 )

FOAB.UK LIMITED

Balance sheet continued

For the year ending 31 December 2022 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 6 June 2023
And Signed On Behalf Of The Board By:

Name: Oluwole Francis Adetola
Status: Director

The notes form part of these financial statements

FOAB.UK LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Employee Information

    Average number of employees: 4

FOAB.UK LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Off balance sheet disclosure

    No