OLUFUNMILOLA LIMITED

Company Registration Number:
12338273 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

OLUFUNMILOLA LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

OLUFUNMILOLA LIMITED

Company Information

for the Period Ended 30 November 2023




Director: Olutomi Olufunmilola Oyetunde
Registered office: 5
Anne Street
London
GBR
E13 8BX
Company Registration Number: 12338273 (England and Wales)

OLUFUNMILOLA LIMITED

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Directors

The directors shown below have held office during the whole of the period from 01 December 2022 to 30 November 2023
Olutomi Olufunmilola Oyetunde

This report was approved by the board of directors on 9 October 2024
And Signed On Behalf Of The Board By:

Name: Olutomi Olufunmilola Oyetunde
Status: Director

OLUFUNMILOLA LIMITED

Profit and Loss Account

for the Period Ended 30 November 2023


Notes

2023
£

2022
£
Turnover 46,147 23,269
Cost of sales ( 20,050 ) ( 2,795 )
Gross Profit or (Loss) 26,097 20,474
Administrative Expenses ( 48,390 ) ( 22,287 )
Operating Profit or (Loss) ( 22,293 ) ( 1,813 )
Profit or (Loss) Before Tax ( 22,293 ) ( 1,813 )
Profit or (Loss) for Period ( 22,293 ) ( 1,813 )

The notes form part of these financial statements

OLUFUNMILOLA LIMITED

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 603 1,103
Total fixed assets: 603 1,103
Current assets
Cash at bank and in hand: 531 30,682
Total current assets: 531 30,682
Creditors: amounts falling due within one year: 5 ( 7,169 )
Net current assets (liabilities): 531 23,513
Total assets less current liabilities: 1,134 24,616
Creditors: amounts falling due after more than one year: 6 ( 18,000 ) ( 19,429 )
Total net assets (liabilities): ( 16,866 ) 5,187

The notes form part of these financial statements

OLUFUNMILOLA LIMITED

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 16,966 ) 5,087
Shareholders funds: ( 16,866 ) 5,187

For the year ending 30 November 2023 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 applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 9 October 2024
And Signed On Behalf Of The Board By:

Name: Olutomi Olufunmilola Oyetunde
Status: Director

The notes form part of these financial statements

OLUFUNMILOLA LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

OLUFUNMILOLA LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

OLUFUNMILOLA LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

OLUFUNMILOLA LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 December 2022 1,103 1,103
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2023 1,103 1,103
Depreciation
At 01 December 2022 - -
Charge for year 500 500
On disposals - -
Other adjustments - -
At 30 November 2023 500 500
Net book value
At 30 November 2023 603 603
At 30 November 2022 1,103 1,103

OLUFUNMILOLA LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Other creditors 7,169
Total 7,169

OLUFUNMILOLA LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 18,000 19,429
Total 18,000 19,429