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Company Registration No. 08967157 (England and Wales)
Ade-Oye UK Enterprises Ltd Unaudited accounts for the year ended 31 December 2024
Ade-Oye UK Enterprises Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ade-Oye UK Enterprises Ltd Company Information for the year ended 31 December 2024
Director
Adewale Oyekan
Company Number
08967157 (England and Wales)
Registered Office
37 Craddock Road SALE CHESHIRE M33 3GQ UNITED KINGDOM
Accountants
Munn Accounting Ltd 2 Garnlydan Farm Garnlydan Ebbw Vale Gwent NP23 5HA
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Ade-Oye UK Enterprises Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
16,995 
32,543 
Current assets
Debtors
1,936 
2,766 
Cash at bank and in hand
25,318 
29,386 
27,254 
32,152 
Creditors: amounts falling due within one year
(19,494)
(19,772)
Net current assets
7,760 
12,380 
Total assets less current liabilities
24,755 
44,923 
Creditors: amounts falling due after more than one year
(15,613)
(21,815)
Net assets
9,142 
23,108 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
9,140 
23,106 
Shareholders' funds
9,142 
23,108 
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 26 September 2025 and were signed on its behalf by
Adewale Oyekan Director Company Registration No. 08967157
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Ade-Oye UK Enterprises Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Ade-Oye UK Enterprises Ltd is a private company, limited by shares, registered in England and Wales, registration number 08967157. The registered office is 37 Craddock Road , SALE, CHESHIRE, M33 3GQ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
Straight Line at 50% to reduce the balance over 2 years
Motor vehicles
Straight Line at 33.3% to reduce the balance over 3 years
Computer equipment
Straight Line at 50% to reduce the balance over 2 years
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
63,719 
Additions
1,605 
At 31 December 2024
65,324 
Depreciation
At 1 January 2024
31,176 
Charge for the year
17,153 
At 31 December 2024
48,329 
Net book value
At 31 December 2024
16,995 
At 31 December 2023
32,543 
5
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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