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Company Registration No. 8733112 (England and Wales)
OPEN DOORS TECHNOLOGY LIMITED Unaudited accounts for the year ended 31 October 2024
OPEN DOORS TECHNOLOGY LIMITED Unaudited accounts Contents
Page
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OPEN DOORS TECHNOLOGY LIMITED Company Information for the year ended 31 October 2024
Director
MR BOLANLE ILUMOKA
Company Number
8733112 (England and Wales)
Registered Office
41 FOXTON ROAD GRAYS ESSEX RM20 4XX ENGLAND
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OPEN DOORS TECHNOLOGY LIMITED Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
177 
216 
Current assets
Debtors
727 
888 
Cash at bank and in hand
20,557 
13,144 
21,284 
14,032 
Creditors: amounts falling due within one year
(11,763)
(11,077)
Net current assets
9,521 
2,955 
Total assets less current liabilities
9,698 
3,171 
Creditors: amounts falling due after more than one year
- 
(2,388)
Net assets
9,698 
783 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
9,598 
683 
Shareholders' funds
9,698 
783 
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 15 May 2025 and were signed on its behalf by
MR BOLANLE ILUMOKA Director Company Registration No. 8733112
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OPEN DOORS TECHNOLOGY LIMITED Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
OPEN DOORS TECHNOLOGY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8733112. The registered office is 41 FOXTON ROAD, GRAYS, ESSEX, RM20 4XX, ENGLAND.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
DEPRN @18% REDUCING BAL METHOD
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2023
1,285 
At 31 October 2024
1,285 
Depreciation
At 1 November 2023
1,069 
Charge for the year
39 
At 31 October 2024
1,108 
Net book value
At 31 October 2024
177 
At 31 October 2023
216 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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OPEN DOORS TECHNOLOGY LIMITED Notes to the Accounts for the year ended 31 October 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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