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Company Registration No. 13656534 (England and Wales)
BOLYEM LTD Unaudited accounts for the year ended 31 October 2023
BOLYEM LTD Unaudited accounts Contents
Page
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BOLYEM LTD Company Information for the year ended 31 October 2023
Director
Boladale Olayemi Obadare
Company Number
13656534 (England and Wales)
Registered Office
70 MARSLAND STREET SOUTH SALFORD M7 4DS ENGLAND
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BOLYEM LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
300 
450 
Current assets
Cash at bank and in hand
280 
437 
Creditors: amounts falling due within one year
(1,699)
(1,900)
Net current liabilities
(1,419)
(1,463)
Net liabilities
(1,119)
(1,013)
Capital and reserves
Called up share capital
5 
5 
Profit and loss account
(1,124)
(1,018)
Shareholders' funds
(1,119)
(1,013)
For the year ending 31 October 2023 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 her 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 22 March 2024 and were signed on its behalf by
Boladale Olayemi Obadare Director Company Registration No. 13656534
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BOLYEM LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
BOLYEM LTD is a private company, limited by shares, registered in England and Wales, registration number 13656534. The registered office is 70 MARSLAND STREET SOUTH, SALFORD, M7 4DS, ENGLAND.
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.
3
Accounting policies
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.
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:
Computer equipment
1
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2022
600 
At 31 October 2023
600 
Depreciation
At 1 November 2022
150 
Charge for the year
150 
At 31 October 2023
300 
Net book value
At 31 October 2023
300 
At 31 October 2022
450 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
1,299 
1,500 
Accruals
400 
400 
1,699 
1,900 
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BOLYEM LTD Notes to the Accounts for the year ended 31 October 2023
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
5 Ordinary shares of £1 each
5 
5 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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