Company Registration No. 09367934 (England and Wales)
Olamife Ltd
Reports & accounts
for the year ended 31 December 2024
Olamife Ltd
Reports & accounts
Contents
Olamife Ltd
Company Information
for the year ended 31 December 2024
Director
Farinu Oyebimpe DUYILEMI
Company Number
09367934 (England and Wales)
Registered Office
198 MOTTISFONT ROAD
LONDON
SE2 9LP
UNITED KINGDOM
Accountants
Fanla & Co
Unit 10 Warwick House
Overton Road
London
SW9 7JP
Olamife Ltd
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
280
253
Creditors: amounts falling due within one year
(793)
(540)
Net current liabilities
(513)
(287)
Net liabilities
(513)
(287)
Called up share capital
1
1
Profit and loss account
(514)
(288)
Shareholders' funds
(513)
(287)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 her 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 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 30 September 2025 and were signed on its behalf by
Farinu Oyebimpe DUYILEMI
Director
Company Registration No. 09367934
Olamife Ltd
Notes to the Accounts
for the year ended 31 December 2024
Olamife Ltd is a private company, limited by shares, registered in England and Wales, registration number 09367934. The registered office is 198 MOTTISFONT ROAD, LONDON, SE2 9LP, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Creditors: amounts falling due within one year
2024
2023
Loans from directors
693
420
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).