Company Registration No. 10193156 (England and Wales)
NEW ODYSSEY LTD
Unaudited accounts
for the year ended 31 May 2024
NEW ODYSSEY LTD
Unaudited accounts
Contents
NEW ODYSSEY LTD
Company Information
for the year ended 31 May 2024
Director
Ademola Adetokunbo Oluwasola Afolabi
Company Number
10193156 (England and Wales)
Registered Office
36 SLADE GARDENS
ERITH
DA8 2HT
UNITED KINGDOM
Accountants
Accounts Fortress Limited
14
Eleanor close
Dartford
Kent
DA1 5GQ
NEW ODYSSEY LTD
Statement of financial position
as at 31 May 2024
Tangible assets
6,093
8,725
Cash at bank and in hand
4,137
1,467
Creditors: amounts falling due within one year
(10,586)
(33,159)
Net current assets/(liabilities)
42,457
(7,307)
Total assets less current liabilities
65,219
18,087
Creditors: amounts falling due after more than one year
(57,144)
-
Called up share capital
1
1
Profit and loss account
8,074
18,086
Shareholders' funds
8,075
18,087
For the year ending 31 May 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 4 May 2025 and were signed on its behalf by
Ademola Adetokunbo Oluwasola Afolabi
Director
Company Registration No. 10193156
NEW ODYSSEY LTD
Notes to the Accounts
for the year ended 31 May 2024
NEW ODYSSEY LTD is a private company, limited by shares, registered in England and Wales, registration number 10193156. The registered office is 36 SLADE GARDENS, ERITH, DA8 2HT, 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.
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.
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
5
Investments
Other investments
Valuation at 1 June 2023
16,669
Valuation at 31 May 2024
16,669
NEW ODYSSEY LTD
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Other debtors
48,906
24,385
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,969
20,470
8
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
57,144
-
9
Transactions with related parties
Included within Other Debtors is amount £41,649 owed by companies held under common control of directors Mr Ademola Adetokunbo Oluwasola Afolabi
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).