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REGISTERED NUMBER: 11952455 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Oyoma Ltd

Oyoma Ltd (Registered number: 11952455)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 2


Oyoma Ltd (Registered number: 11952455)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 2,746 3,661

CURRENT ASSETS
Debtors 5 157,316 125,725
Cash at bank and in hand 1 3,156
157,317 128,881
CREDITORS
Amounts falling due within one year 6 159,440 121,610
NET CURRENT (LIABILITIES)/ASSETS (2,123 ) 7,271
TOTAL ASSETS LESS CURRENT
LIABILITIES

623

10,932

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 622 10,931
SHAREHOLDERS' FUNDS 623 10,932

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2025 and were signed by:



Ms. Ifeoma Oghenetega Onyenokwe-Orhiunu - Director


Oyoma Ltd (Registered number: 11952455)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Oyoma Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11952455

Registered office: 71-75 Shelton Street
London
Greater London
United Kingdom
WC2H 9JQ

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Oyoma Ltd (Registered number: 11952455)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 May 2023
and 30 April 2024 7,063
DEPRECIATION
At 1 May 2023 3,402
Charge for year 915
At 30 April 2024 4,317
NET BOOK VALUE
At 30 April 2024 2,746
At 30 April 2023 3,661

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 585 1,093
Other debtors 156,731 124,632
157,316 125,725

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 60,661 60,661
Trade creditors - 1,584
Taxation and social security 95,095 55,681
Other creditors 3,684 3,684
159,440 121,610