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
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
O.B.A INTERNATIONAL LTD
Statement of financial position
as at 30 April 2024
Tangible assets
22,437
24,000
Investment property
2,139,344
-
Cash at bank and in hand
90,089
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)
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
O.B.A INTERNATIONAL LTD
Notes to the Accounts
for the year ended 30 April 2024
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.
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:
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
At 30 April 2024
5,325
30,000
35,325
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
At 30 April 2024
4,437
18,000
22,437
At 30 April 2023
-
24,000
24,000
At 30 April 2024
2,139,344
O.B.A INTERNATIONAL LTD
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due after more than one year
Accrued income and prepayments
23,316
-
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,006
1,245
Other creditors
1,193
1,193
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
2,147,265
1,198,815
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).