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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
Page
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OYE HOLDENS LIMITED Company Information for the year ended 31 July 2024
Director
Oyewunmi Adesokan
Secretary
O. A 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
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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
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OYE HOLDENS LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
235,003 
235,003 
Debtors
7,565 
8,765 
Cash at bank and in hand
2,717 
3,407 
245,285 
247,175 
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
Other provisions
(500)
- 
Net assets
37,652 
38,028 
Capital and reserves
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
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OYE HOLDENS LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
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.
Turnover
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 
£ 
Cost or valuation
At cost 
At 1 August 2023
3,855 
At 31 July 2024
3,855 
Depreciation
At 1 August 2023
3,855 
At 31 July 2024
3,855 
Net book value
At 31 July 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
7,565 
8,765 
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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 
207,133 
198,744 
8
Provisions for liabilities
£ 
At 1 August 2023
- 
Additional provisions made during the period
500 
At 31 July 2024
500 
Being provision made by the Business for Accountancy and Tax services.
9
Share capital
2024 
2023 
£ 
£ 
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).
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