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Company Registration No. 10754685 (England and Wales)
OLAB CONSULTING SERVICES LTD Unaudited accounts for the year ended 31 May 2024
OLAB CONSULTING SERVICES LTD Unaudited accounts Contents
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OLAB CONSULTING SERVICES LTD Company Information for the year ended 31 May 2024
Director
Olatunde Abiodun Olaitan
Company Number
10754685 (England and Wales)
Registered Office
29 Cashmore Road Bedworth CV12 0DW ENGLAND
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OLAB CONSULTING SERVICES LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
803 
804 
Creditors: amounts falling due within one year
1,847 
7,297 
Net current assets
2,650 
8,101 
Total assets less current liabilities
2,650 
8,101 
Creditors: amounts falling due after more than one year
(11,484)
(16,626)
Net liabilities
(8,834)
(8,525)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(8,835)
(8,526)
Shareholders' funds
(8,834)
(8,525)
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 21 May 2025 and were signed on its behalf by
Olatunde Abiodun Olaitan Director Company Registration No. 10754685
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OLAB CONSULTING SERVICES LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
OLAB CONSULTING SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10754685. The registered office is 29 Cashmore Road, Bedworth, CV12 0DW, 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.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
(1,847)
(7,297)
5
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,484 
16,626 
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 0 (2023: 0).
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