Company Registration No. 11815083 (England and Wales)
OLAGUNJU PROPERTY CONSORTIUM (OPC) LIMITED
Unaudited accounts
for the year ended 28 February 2025
OLAGUNJU PROPERTY CONSORTIUM (OPC) LIMITED
Unaudited accounts
Contents
OLAGUNJU PROPERTY CONSORTIUM (OPC) LIMITED
Company Information
for the year ended 28 February 2025
Directors
Babatunde Olagunju
Olayinka Olagunju
Company Number
11815083 (England and Wales)
Registered Office
19 PHILIP ROAD
RAINHAM
ESSEX
RM13 8LT
UNITED KINGDOM
OLAGUNJU PROPERTY CONSORTIUM (OPC) LIMITED
Statement of financial position
as at 28 February 2025
Investment property
286,674
286,674
Cash at bank and in hand
14,637
38,693
Creditors: amounts falling due within one year
(112,121)
(122,766)
Net current liabilities
(97,484)
(84,073)
Total assets less current liabilities
189,190
202,601
Creditors: amounts falling due after more than one year
(220,139)
(220,139)
Net liabilities
(30,949)
(17,538)
Called up share capital
2
2
Profit and loss account
(30,951)
(17,540)
Shareholders' funds
(30,949)
(17,538)
For the year ending 28 February 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by
Babatunde Olagunju
Director
Company Registration No. 11815083
OLAGUNJU PROPERTY CONSORTIUM (OPC) LIMITED
Notes to the Accounts
for the year ended 28 February 2025
OLAGUNJU PROPERTY CONSORTIUM (OPC) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11815083. The registered office is 19 PHILIP ROAD, RAINHAM, ESSEX, RM13 8LT, 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.
Fair value at 1 March 2024
286,674
At 28 February 2025
286,674
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
24,371
24,371
Loans from directors
86,100
96,745
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
220,139
220,139
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).