Company Registration No. 3458075 (England and Wales)
YINYINOLA ENTERPRISES LIMITED
Unaudited accounts
for the year ended 31 March 2025
YINYINOLA ENTERPRISES LIMITED
Unaudited accounts
Contents
YINYINOLA ENTERPRISES LIMITED
Company Information
for the year ended 31 March 2025
Directors
Mrs Janet Oyefunke Akinola
Miss Yetunde Akinola
Mrs Abiola Okubanjo
Mr Oluwakayode Akinola
Company Number
3458075 (England and Wales)
Registered Office
36 DICKENS RISE
CHIGWELL
ESSEX
IG7 6NY
YINYINOLA ENTERPRISES LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
99,643
101,981
Cash at bank and in hand
4,027
3,551
Creditors: amounts falling due within one year
(23,749)
(12,634)
Net current liabilities
(19,722)
(9,083)
Called up share capital
250,000
250,000
Profit and loss account
(170,079)
(157,102)
Shareholders' funds
79,921
92,898
For the year ending 31 March 2025 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 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 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 of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by
Mrs Janet Oyefunke Akinola
Director
Company Registration No. 3458075
YINYINOLA ENTERPRISES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
YINYINOLA ENTERPRISES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 3458075. The registered office is 36 DICKENS RISE, CHIGWELL, ESSEX, IG7 6NY.
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.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Depreciation reducing balancing at 2%
Plant & machinery
Depreciation reducing balance at 18%
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
307,287
4,770
13,689
325,746
At 31 March 2025
307,287
4,770
13,689
325,746
At 1 April 2024
205,502
6,631
11,632
223,765
Charge for the year
2,123
-
215
2,338
At 31 March 2025
207,625
6,631
11,847
226,103
At 31 March 2025
99,662
(1,861)
1,842
99,643
At 31 March 2024
101,785
(1,861)
2,057
101,981
YINYINOLA ENTERPRISES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
23,349
12,234
Allotted, called up and fully paid:
250,000 Ordinary shares of £1 each
250,000
250,000
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).