1 March 2023 false No description of principal activity Taxfiler 2024.6 10641428business:PrivateLimitedCompanyLtd2023-03-012024-02-29 106414282023-02-28 106414282023-03-012024-02-29 10641428business:AuditExemptWithAccountantsReport2023-03-012024-02-29 10641428business:FilletedAccounts2023-03-012024-02-29 106414282024-02-29 10641428business:Director12023-03-012024-02-29 10641428business:RegisteredOffice2023-03-012024-02-29 106414282023-02-28 10641428core:WithinOneYear2024-02-29 10641428core:WithinOneYear2023-02-28 10641428core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 10641428core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10641428core:PreviouslyStatedAmount2024-02-29 10641428core:PreviouslyStatedAmount2023-02-28 10641428business:SmallEntities2023-03-012024-02-29 10641428countries:EnglandWales2023-03-012024-02-29 10641428core:ComputerEquipment2023-03-012024-02-29 10641428core:ComputerEquipment2023-02-28 10641428core:ComputerEquipment2024-02-29 106414282022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10641428 (England and Wales)
OBAJ1 LTD Unaudited accounts for the year ended 29 February 2024
OBAJ1 LTD Unaudited accounts Contents
Page
- 2 -
OBAJ1 LTD Company Information for the year ended 29 February 2024
Director
OWOEYE, Omotinuolawa Olufemi
Company Number
10641428 (England and Wales)
Registered Office
23 VAL MCKENZIE AVENUE LONDON N7 7JL UNITED KINGDOM
Accountants
LIGHT ACCOUNTANTS 33 Postmill Road Sandwich KENT CT130FU
- 3 -
OBAJ1 LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
160 
480 
Current assets
Cash at bank and in hand
87,693 
10,759 
Creditors: amounts falling due within one year
(75,220)
(20,771)
Net current assets/(liabilities)
12,473 
(10,012)
Net assets/(liabilities)
12,633 
(9,532)
Capital and reserves
Profit and loss account
12,633 
(9,532)
Shareholders' funds
12,633 
(9,532)
For the year ending 29 February 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 her 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 8 May 2024 and were signed on its behalf by
OWOEYE, Omotinuolawa Olufemi Director Company Registration No. 10641428
- 4 -
OBAJ1 LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
OBAJ1 LTD is a private company, limited by shares, registered in England and Wales, registration number 10641428. The registered office is 23 VAL MCKENZIE AVENUE, LONDON, N7 7JL, UNITED KINGDOM.
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:
Computer equipment
20%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
800 
At 29 February 2024
800 
Depreciation
At 1 March 2023
320 
Charge for the year
320 
At 29 February 2024
640 
Net book value
At 29 February 2024
160 
At 28 February 2023
480 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,140 
- 
Taxes and social security
5,822 
- 
Other creditors
683 
413 
Loans from directors
63,575 
20,358 
75,220 
20,771 
- 5 -
OBAJ1 LTD Notes to the Accounts for the year ended 29 February 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -