Company Registration No. 12227870 (England and Wales)
OFA-UK LIMITED
Unaudited accounts
for the year ended 30 September 2024
OFA-UK LIMITED
Unaudited accounts
Contents
OFA-UK LIMITED
Company Information
for the year ended 30 September 2024
Director
Oladipupo Subomi Oremade
Company Number
12227870 (England and Wales)
Registered Office
Flat 246
Grampian House
North Mall
London
London
N9 0EG
England
OFA-UK LIMITED
Statement of financial position
as at 30 September 2024
Tangible assets
9,891
6,324
Cash at bank and in hand
1,708
1,930
Creditors: amounts falling due within one year
(55,452)
(48,663)
Net current liabilities
(26,244)
(19,233)
Net liabilities
(16,353)
(12,909)
Called up share capital
1
1
Profit and loss account
(16,354)
(12,910)
Shareholders' funds
(16,353)
(12,909)
For the year ending 30 September 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 27 June 2025 and were signed on its behalf by
Oladipupo Subomi Oremade
Director
Company Registration No. 12227870
OFA-UK LIMITED
Notes to the Accounts
for the year ended 30 September 2024
OFA-UK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12227870. The registered office is Flat 246, Grampian House, North Mall, London, London, N9 0EG, 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.
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.
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:
Motor vehicles
10% reducing balance
Fixtures & fittings
10% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2023
8,735
732
9,467
At 30 September 2024
13,335
732
14,067
At 1 October 2023
3,005
138
3,143
Charge for the year
1,033
-
1,033
At 30 September 2024
4,038
138
4,176
At 30 September 2024
9,297
594
9,891
At 30 September 2023
5,730
594
6,324
Amounts falling due within one year
Other debtors
18,000
18,000
OFA-UK LIMITED
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
47,799
47,799
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).