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Company Registration No. 14511377 (England and Wales)
Boyede & Sons Ltd Unaudited Accounts for the year ended 31 October 2024
Boyede & Sons Ltd Unaudited Accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Boyede & Sons Ltd Company Information for the year ended 31 October 2024
Director
Mr Olutoye Olubanjo Boyede
Company Number
14511377 (England and Wales)
Registered Office
59 Copenhagen Close Luton LU3 3TF United Kingdom
Accountants
NATMAX LTD 9 Deepfield Way Coulsdon Surrey CR5 2SY
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Boyede & Sons Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,564 
5,404 
Current assets
Cash at bank and in hand
23 
6,139 
Creditors: amounts falling due within one year
5
(1,280)
(6,635)
Net current liabilities
(1,257)
(496)
Net assets
3,307 
4,908 
Capital and reserves
Called up share capital
6
1 
1 
Profit and loss account
3,306 
4,907 
Shareholders' funds
3,307 
4,908 
For the year ending 31 October 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 29 April 2024 and were signed on its behalf by
Mr Olutoye Olubanjo Boyede Director Company Registration No. 14511377
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Boyede & Sons Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Boyede & Sons Ltd is a private company, limited by shares, registered in England and Wales, registration number 14511377. The registered office is 59 Copenhagen Close, Luton, LU3 3TF, 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
6%
Other tangible fixed assets
10%
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
3,200 
3,044 
6,244 
At 31 October 2024
3,200 
3,044 
6,244 
Depreciation
At 1 November 2023
300 
540 
840 
Charge for the year
300 
540 
840 
At 31 October 2024
600 
1,080 
1,680 
Net book value
At 31 October 2024
2,600 
1,964 
4,564 
At 31 October 2023
2,900 
2,504 
5,404 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,866 
5,985 
Loans from directors
(1,236)
- 
Accruals
650 
650 
1,280 
6,635 
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Boyede & Sons Ltd Notes to the Accounts for the year ended 31 October 2024
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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