Company Registration No. 09674013 (England and Wales)
OYE HOLDENS LIMITED
Unaudited accounts
for the year ended 31 July 2024
OYE HOLDENS LIMITED
Unaudited accounts
Contents
OYE HOLDENS LIMITED
Company Information
for the year ended 31 July 2024
Director
Oyewunmi Adesokan
Company Number
09674013 (England and Wales)
Registered Office
22 Beech Avenue
Lane End
High Wycombe
HP14 3EQ
Accountants
Wrights Consulting Ltd
14 Dovedale Road
Dartford
Kent
DA2 6JJ
OYE HOLDENS LIMITED
Accountants' report
Accountants' report to the director of OYE HOLDENS LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
OYE HOLDENS LIMITED for the year ended
31 July 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of OYE HOLDENS LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of OYE HOLDENS LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OYE HOLDENS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that OYE HOLDENS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of OYE HOLDENS LIMITED. You consider that OYE HOLDENS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of OYE HOLDENS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Wrights Consulting Ltd
14 Dovedale Road
Dartford
Kent
DA2 6JJ
2 November 2024
OYE HOLDENS LIMITED
Statement of financial position
as at 31 July 2024
Inventories
235,003
235,003
Cash at bank and in hand
2,717
3,407
Creditors: amounts falling due within one year
-
(10,403)
Net current assets
245,285
236,772
Total assets less current liabilities
245,285
236,772
Creditors: amounts falling due after more than one year
(207,133)
(198,744)
Provisions for liabilities
Called up share capital
200
200
Profit and loss account
37,452
37,828
Shareholders' funds
37,652
38,028
For the year ending 31 July 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 3 November 2024 and were signed on its behalf by
Oyewunmi Adesokan
Director
Company Registration No. 09674013
OYE HOLDENS LIMITED
Notes to the Accounts
for the year ended 31 July 2024
OYE HOLDENS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09674013. The registered office is 22 Beech Avenue, Lane End, High Wycombe, HP14 3EQ .
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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
Computer equipment
Amounts falling due after more than one year
OYE HOLDENS LIMITED
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
-
10,403
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
154,650
152,536
Loans from directors
52,483
46,208
8
Provisions for liabilities
£
Additional provisions made during the period
500
Being provision made by the Business for Accountancy and Tax services.
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).