Registered number
09993773
DATOBA LIMITED
Filleted Accounts
28 February 2025
DATOBA LIMITED
Registered number: 09993773
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 45,484 52,584
Current assets
Debtors 4 32,910 4,951
Cash at bank and in hand 137,055 59,575
169,965 64,526
Creditors: amounts falling due within one year 5 (467,414) (208,893)
Net current liabilities (297,449) (144,367)
Total assets less current liabilities (251,965) (91,783)
Creditors: amounts falling due after more than one year 6 (1,180,000) -
Net liabilities (1,431,965) (91,783)
Capital and reserves
Called up share capital 1 1
Profit and loss account (1,431,966) (91,784)
Shareholder's funds (1,431,965) (91,783)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Oluwadamilola BALOGUN
Director
Approved by the board on 17 April 2025
DATOBA LIMITED
Notes to the Accounts
for the year ended 28 February 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed 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:
Plant and machinery Flat Rate Straight Line Method
Motor vehicles 10% Straight Line Method
Computer equipment 10% Straight Line Method
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2024 71,000
At 28 February 2025 71,000
Depreciation
At 1 March 2024 18,416
Charge for the year 7,100
At 28 February 2025 25,516
Net book value
At 28 February 2025 45,484
At 29 February 2024 52,584
4 Debtors 2025 2024
£ £
Trade debtors 32,910 4,951
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 97,731 46,979
Taxation and social security costs 35,581 2,812
Other creditors 334,102 159,102
467,414 208,893
6 Creditors: amounts falling due after one year 2025 2024
£ £
Third party loans 1,180,000 -
7 Other information
DATOBA LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
86 - 90 Paul Street
London
EC2A 4NE
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