Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

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
1 January 2024 to 31 December 2024

O Adeaga
N Obunge
O Toyobo
A Ayida-Otobo

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
9 September 2025

And signed on behalf of the board by:
Name: O Adeaga
Status: Director

Balance sheet

As at 31 December 2024

	Notes	2024	2023
		£	£
Fixed assets
Tangible assets:	3	200,651	126,364
Investments:	4	2,650,000	2,650,000
Total fixed assets:		2,850,651	2,776,364
Current assets
Stocks:	5	30,848	30,848
Debtors:	6	500,748	795,981
Cash at bank and in hand:		1,138,329	1,156,165
Total current assets:		1,669,925	1,982,994
Creditors: amounts falling due within one year:	7	( 712,216 )	( 570,134 )
Net current assets (liabilities):		957,709	1,412,860
Total assets less current liabilities:		3,808,360	4,189,224
Total net assets (liabilities):		3,808,360	4,189,224
Members' funds
Profit and loss account:		3,808,360	4,189,224
Total members' funds:		3,808,360	4,189,224

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 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.

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.

The directors have chosen not to file a copy of the company's profit and loss account.

The notes form part of these financial statements

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

  Tangible fixed assets depreciation policy

  Tangible fixed assets, with an individual purchase price of £2,000 or more, are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in ‘net gains / (losses) on investments’ in the SoFA. Fixed asset investments comprise a property held on long lease which is stated at the trustees’ estimate of market value. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows: Motor vehicles - 25% Straight Line Fixtures and fittings - 20% Reducing Balance Office equipment - 25% Reducing Balance

  Other accounting policies

  Stock Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	2023
  Average number of employees during the period	60	62