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Registered Number: 14924824
England and Wales

 

 

 

ABAAKE BY EQUIP LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 July 2023

End date: 30 June 2024
Directors Adekemi Adetola AYODELE
Oluwamayowa AYODELE
Adeolu Oreoluwa GIDADO
Registered Number 14924824
Registered Office 1 HOWDEN ROAD
BLACKLEY MANCHESTER
M9 0RQ
Accountants J and Co. Accountants
85 Great Portland Street,,W1W 7LT
First Floor
LONDON
United Kingdom
W1W 7LT
1
  2024   2023
    £ £   £ £
(as restated)
Current assets 2,517      1   
Creditors: amount falling due within one year (369)      
Net current assets   2,148      1 
Total assets less current liabilities   2,148      1 
Creditors: amount falling due after more than one year   (1,855)    
Net assets   293      1 
 

         
Capital and reserves   293      1 
 
NOTES TO THE ACCOUNTS

General Information
ABAAKE BY EQUIP LTD is a private company, limited by shares, registered in England and Wales, registration number 14924824, registration address 1 HOWDEN ROAD, BLACKLEY MANCHESTER, M9 0RQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).


For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 08 March 2025 and were signed on its behalf by:


--------------------------------
Adekemi Adetola AYODELE
Director
2