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# OWOLABI VENTURES LTD

## Company Registration Number:
13794081 (England and Wales)

## Unaudited statutory accounts for the year ended 31 December 2024

## (Dormant)

## Period of accounts

## Start date: 01 January 2024

## End date: 31 December 2024

# OWOLABI VENTURES LTD

## Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3 |
Report of the Directors - 4 |
Profit and Loss Account - 5 |
Balance sheet - 6 |
Additional notes - 8 |
Balance sheet notes - 11 |

# OWOLABI VENTURES LTD

## Company Information

for the Period Ended 31 December 2024

Director: |  | Afeez Owolabi
Registered office: |  | 2 Kenmure Yard London England E8 1JY
Company Registration Number: |  | 13794081 (England and Wales)

# OWOLABI VENTURES LTD

## Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from 01 January 2024 to 31 December 2024
Afeez Owolabi

The company was dormant and did not trade in the period.

This report was approved by the board of directors on 16 September 2025
And Signed On Behalf Of The Board By:

Name: Afeez Owolabi
Status: Director

# OWOLABI VENTURES LTD

## Profit and Loss Account

for the Period Ended 31 December 2024

The company was dormant and did not trade in the period. The company received no income and incurred no expenditure in the period and therefore did not make either a profit or loss.

# OWOLABI VENTURES LTD

## Balance sheet

As at 31 December 2024

| Notes | 2024 £ | 2023 £
--- | --- | --- | ---
Fixed assets
Tangible assets: | 4 | 1 | 2
Total fixed assets: |  | 1 | 2
Current assets
Stocks: |  | 1 |
Debtors: | 5 | 0 | 0
Cash at bank and in hand: |  |  | 0
Total current assets: |  | 1 | 0
Prepayments and accrued income: |  | 0 | 0
Net current assets (liabilities): |  | 1 | 0
Total assets less current liabilities: |  | 2 | 2
Total net assets (liabilities): |  | 2 | 2

The notes form part of these financial statements

# OWOLABI VENTURES LTD

## Balance sheet continued

As at 31 December 2024

| Notes | 2024 £ | 2023 £
--- | --- | --- | ---
Capital and reserves
Called up share capital: |  | 2 | 2
Revaluation reserve: |  | 0 | 0
Shareholders funds: |  | 2 | 2

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.

For the year ending 31 December 2024 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

This report was approved by the board of directors on 16 September 2025
And Signed On Behalf Of The Board By:

Name: Afeez Owolabi
Status: Director

The notes form part of these financial statements

# OWOLABI VENTURES LTD

## Notes to the Financial Statements

for the Period Ended 31 December 2024

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

# OWOLABI VENTURES LTD

## Notes to the Financial Statements

for the Period Ended 31 December 2024

- ## 2. Employees

  | 2024 | 2023
  --- | --- | ---
  Average number of employees during the period | 1 | 1

# OWOLABI VENTURES LTD

## Notes to the Financial Statements

for the Period Ended 31 December 2024

- ## 3. Off balance sheet disclosure

  No

# OWOLABI VENTURES LTD

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 4. Tangible assets

| Office equipment | Total
--- | --- | ---
Cost | £ | £
At 01 January 2024 | 2 | 2
Additions | - | -
Disposals | - | -
Revaluations | - | -
Transfers | - | -
At 31 December 2024 | 2 | 2
Depreciation |  |
At 01 January 2024 | - | -
Charge for year | 1 | 1
On disposals | - | -
Other adjustments | - | -
At 31 December 2024 | 1 | 1
Net book value |  |
At 31 December 2024 | 1 | 1
At 31 December 2023 | 2 | 2

Dormant

# OWOLABI VENTURES LTD

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 5. Debtors

| 2024 £ | 2023 £
--- | --- | ---
Trade debtors | 0 | 0
Prepayments and accrued income | 0 | 0
Other debtors | 0 | 0
Total | 0 | 0
Debtors due after more than one year: | 0 | 0