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REGISTERED NUMBER: 12224072 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Oodua Asset Ltd

| Oodua Asset Ltd (Registered number: 12224072) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Oodua Asset Ltd |

Company Information

for the Year Ended 31 March 2025

| DIRECTOR: | Mr A O Olusanya

| REGISTERED OFFICE: | Number Sixty One

| Alexandra Road

| Lowestoft

| Suffolk

| NR32 1PL

| REGISTERED NUMBER: | 12224072 (England and Wales)

| ACCOUNTANTS: | CUNNINGHAMS

| Number Sixty One

| Alexandra Road

| Lowestoft

| Suffolk

| NR32 1PL

| Oodua Asset Ltd (Registered number: 12224072) |

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 3 | 107,423 |  | 107,423 |  |

CURRENT ASSETS

Debtors | 4 | - |  | 572 |  |

Cash at bank | 696 |  | 1,484 |  |

696 |  | 2,056 |  |

CREDITORS

Amounts falling due within one year | 5 | 43,896 |  | 40,324 |  |

NET CURRENT LIABILITIES | (43,200 | ) | (38,268 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 64,223 |  | 69,155 |  |

CREDITORS

Amounts falling due after more than one year | 6 | 70,434 |  | 77,310 |  |

NET LIABILITIES | (6,211 | ) | (8,155 | ) |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | (6,212 | ) | (8,156 | ) |

(6,211 | ) | (8,155 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

| Oodua Asset Ltd (Registered number: 12224072) |

Balance Sheet - continued

31 March 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2025 and were signed by:

Mr A O Olusanya - Director

| Oodua Asset Ltd (Registered number: 12224072) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is comprised of rents receivable.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

3. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 107,423 |  |

| NET BOOK VALUE

| At 31 March 2025 | 107,423 |  |

| At 31 March 2024 | 107,423 |  |

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | - |  | 572 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 1,811 |  | 1,747 |  |

| Other loans | 5,000 |  | 5,000 |  |

| Directors' current accounts | 36,197 |  | 32,821 |  |

| Accrued expenses | 888 |  | 756 |  |

43,896 |  | 40,324 |  |

| Oodua Asset Ltd (Registered number: 12224072) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans - 1-2 years | 1,811 |  | 1,747 |  |

| Bank loans - 2-5 years | 5,434 |  | 5,242 |  |

| Bank loans more 5 yr by instal | 44,438 |  | 46,571 |  |

| Other loans - 1-2 years | 5,000 |  | 5,000 |  |

| Other loans - 2-5 years | 13,751 |  | 18,750 |  |

70,434 |  | 77,310 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 44,438 |  | 46,571 |  |

7. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 53,494 |  | 55,307 |  |

| The company's freehold property is charged to its bankers as security for its borrowings.