Company Registration No. 08364325 (England and Wales)
NGOLAAD LIMITED
Unaudited accounts
for the year ended 31 January 2024
NGOLAAD LIMITED
Unaudited accounts
Contents
NGOLAAD LIMITED
Company Information
for the year ended 31 January 2024
Director
Olabosipo Adeyemo
Company Number
08364325 (England and Wales)
Registered Office
5 Quimby Rise
Eaton Leys
Milton Keynes
MK17 9GL
NGOLAAD LIMITED
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
1,752
701
Net current assets
13,320
15,930
Total assets less current liabilities
13,320
15,930
Creditors: amounts falling due after more than one year
(10,181)
(12,479)
Called up share capital
1
1
Profit and loss account
3,138
3,450
Shareholders' funds
3,139
3,451
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 March 2024 and were signed on its behalf by
Olabosipo Adeyemo
Director
Company Registration No. 08364325
NGOLAAD LIMITED
Notes to the Accounts
for the year ended 31 January 2024
NGOLAAD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08364325. The registered office is 5 Quimby Rise, Eaton Leys, Milton Keynes, MK17 9GL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
-
6,000
6,000
At 31 January 2024
-
6,000
6,000
At 1 February 2023
6,000
-
6,000
At 31 January 2024
6,000
-
6,000
At 31 January 2024
(6,000)
6,000
-
At 31 January 2023
(6,000)
6,000
-
Amounts falling due within one year
Trade debtors
11,568
15,229
6
Creditors: amounts falling due after more than one year
2024
2023
NGOLAAD LIMITED
Notes to the Accounts
for the year ended 31 January 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).