2023-11-01 2024-10-31 12931169 CITADEL30 LIMITED false 12931169 2023-11-01 2024-10-31 12931169 uk-bus:Director1 2023-11-01 2024-10-31 12931169 uk-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12931169 uk-bus:SmallEntities 2023-11-01 2024-10-31 12931169 uk-bus:FullAccounts 2023-11-01 2024-10-31 12931169 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12931169 2023-11-01 12931169 2024-10-31 12931169 2023-10-31 xbrli:pure iso4217:GBP 12931169 2022-11-01 2023-10-31
Company Registration Number : 12931169 (England and Wales)
12931169
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-10-31
false
CITADEL30 LIMITED
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-11-01
CITADEL30 LIMITED
Unaudited filleted financial statements
For the year ended 31 October 2024
CITADEL30 LIMITED
Contents
For the year ended 31 October 2024
CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


CITADEL30 LIMITED
Company Information
For the year ended 31 October 2024
Company registration number 12931169 (England and Wales)
Director Adedayo Omobola Okeowo
Registered office address Suite 60 61 Praed Street
Paddington
London
United Kingdom
W2 1NS
Accountant DNS Associates
Chartered Accountants
382 Kenton Road
Harrow, Middlesex
United Kingdom
HA3 8DP
CITADEL30 LIMITED
Statement of Financial Position
For the year ended 31 October 2024
2024 2023
Notes £ £
Fixed assets
Investment Property 384,195 384,195
5 384,195 384,195
Current assets
Debtors 27,514 27,514
Debtors: Amounts falling due after more than one year 2,118 2,118
Cash and cash equivalents 1,305 1,122
30,937 30,754
Current liabilities
Creditors: Amounts falling due within one year (5,440) (5,440)
(5,440) (5,440)
Net current assets/(liabilities) 25,497 25,314
Total assets less current liabilities 409,692 409,509
Non-current liabilities
Creditors: Amounts falling due after more than one year (427,251) (421,227)
Net (liabilities)/assets (17,559) (11,717)
Capital and reserves
Called up share capital 100 100
Retained earnings (17,659) (11,817)
Shareholder's funds (17,559) (11,717)
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 October 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 their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 12 September 2025
.............................
Adedayo Omobola Okeowo (Director)
Company registration number: 12931169
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-10-31 31 October 2024
2024 2023
£ £
Fixed Assets 384,195 384,195
Current Assets 28,819 28,635
Creditors: amounts falling due within one year (5,440) (5,440)
Net current assets/(liabilities) 23,379 23,195
Total assets less current liabilities 407,574 407,391
CREDITORS: Amounts falling due more than one year (427,251) (421,227)
Provisions for liabilities 2,118 2,118
Net Assets/(liabilities) (17,559) (11,717)
Capital and Reserves (17,559) (11,717)
For the year ending 31/10/2024 the company was entitled to exemption 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. For the year ending 31-10-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 12 September 2025 2025-09-12 and signed on behalf of the board,
.............................
Adedayo Omobola Okeowo
Director
Company registration number: 12931169
CITADEL30 LIMITED
Notes to the Financial Statements
For the year ended 31 October 2024
(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Suite 60 61 Praed Street, Paddington, London, United Kingdom, W2 1NS.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, cash and cash equivalents, trade and other payables, and loans and borrowings.

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instruments. Financial assets and financial liabilities are initially measured at fair value.
Loans and borrowings
These are initially recognised at fair value, based upon the nominal amount outstanding. Subsequent to initial recognition, they are recorded at amortised cost. Borrowing costs arising on bank borrowings are expensed as incurred within financial expense using the effective interest method.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods.

Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax liabilities and assets are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Investments
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognized in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an ongoing basis.

(4) Employees
During the year, the average number of employees including director was 0 (2023 : 0).

(5) Fixed assets
Investments
Property
£
Cost
As at 01 November 2023384,195
As at 31 October 2024384,195
Depreciation/Amortisation
As at 31 October 2024-
Net book value
As at 31 October 2024384,195
As at 31 October 2023384,195

(6) Mortgage (Creditors > 1 year)
The mortgages are secured by the properties known as 60 Rawlyn Close and 12 Charles House.

(7) Investment properties revaluation
These financial statements for the year ended 31st October 2024 are the financial statements of the company prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The property is being measured at fair value under FRS 102 and there are no changes in the fair value this year.