1 May 2023 false No description of principal activity Taxfiler 2024.5 12579421business:PrivateLimitedCompanyLtd2023-05-012024-04-30 125794212023-04-30 125794212023-05-012024-04-30 12579421business:AuditExemptWithAccountantsReport2023-05-012024-04-30 12579421business:FilletedAccounts2023-05-012024-04-30 125794212024-04-30 12579421business:Director12023-05-012024-04-30 12579421business:Director22023-05-012024-04-30 12579421business:RegisteredOffice2023-05-012024-04-30 125794212023-04-30 12579421core:WithinOneYear2024-04-30 12579421core:WithinOneYear2023-04-30 12579421core:AfterOneYear2024-04-30 12579421core:AfterOneYear2023-04-30 12579421core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 12579421core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 12579421core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 12579421core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 12579421core:PreviouslyStatedAmount2024-04-30 12579421core:PreviouslyStatedAmount2023-04-30 12579421business:SmallEntities2023-05-012024-04-30 12579421countries:EnglandWales2023-05-012024-04-30 12579421core:FurnitureFittings2023-05-012024-04-30 12579421core:MotorVehicles2023-04-30 12579421core:FurnitureFittings2023-04-30 12579421core:MotorVehicles2023-05-012024-04-30 12579421core:MotorVehicles2024-04-30 12579421core:FurnitureFittings2024-04-30 125794212022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 12579421 (England and Wales)
O.B.A INTERNATIONAL LTD Unaudited accounts for the year ended 30 April 2024
O.B.A INTERNATIONAL LTD Unaudited accounts Contents
Page
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O.B.A INTERNATIONAL LTD Company Information for the year ended 30 April 2024
Directors
ARIYO, Olukayode Boluwatife ARIYO, Olutoye
Company Number
12579421 (England and Wales)
Registered Office
BUILDING 1 CHALFONT PARK CHALFONT ST. PETER GERRARDS CROSS SL9 0BG ENGLAND
Accountants
LIGHT ACCOUNTANTS 33 Postmill Road Sandwich KENT CT130FU
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O.B.A INTERNATIONAL LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,437 
24,000 
Investment property
2,139,344 
- 
2,161,781 
24,000 
Current assets
Debtors
107,430 
- 
Cash at bank and in hand
90,089 
1,045,373 
197,519 
1,045,373 
Creditors: amounts falling due within one year
(8,162)
(6,272)
Net current assets
189,357 
1,039,101 
Total assets less current liabilities
2,351,138 
1,063,101 
Creditors: amounts falling due after more than one year
(2,782,421)
(1,198,815)
Net liabilities
(431,283)
(135,714)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(432,283)
(136,714)
Shareholders' funds
(431,283)
(135,714)
For the year ending 30 April 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 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 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 of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by
ARIYO, Olukayode Boluwatife Director Company Registration No. 12579421
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O.B.A INTERNATIONAL LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
O.B.A INTERNATIONAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12579421. The registered office is BUILDING 1 CHALFONT PARK, CHALFONT ST. PETER, GERRARDS CROSS, SL9 0BG, 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.
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.
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:
Fixtures & fittings
20% per annum.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
- 
30,000 
30,000 
Additions
5,325 
- 
5,325 
At 30 April 2024
5,325 
30,000 
35,325 
Depreciation
At 1 May 2023
- 
6,000 
6,000 
Charge for the year
888 
6,000 
6,888 
At 30 April 2024
888 
12,000 
12,888 
Net book value
At 30 April 2024
4,437 
18,000 
22,437 
At 30 April 2023
- 
24,000 
24,000 
5
Investment property
2024 
£ 
Additions
2,139,344 
At 30 April 2024
2,139,344 
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O.B.A INTERNATIONAL LTD Notes to the Accounts for the year ended 30 April 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Accrued income and prepayments
23,316 
- 
Other debtors
84,114 
- 
107,430 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,006 
1,245 
Other creditors
1,193 
1,193 
Accruals
3,963 
3,834 
8,162 
6,272 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
635,156 
- 
Other creditors
2,147,265 
1,198,815 
2,782,421 
1,198,815 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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