Registered Number 13938272

OLU SENPAI LIMITED

Micro-entity Accounts

28 February 2025

OLU SENPAI LIMITED Registered Number 13938272

Micro-entity Balance Sheet as at 28 February 2025

Notes 2025 2024
£ £
Called up share capital not paid
-
-
Fixed Assets
47,578
47,578
Current Assets
367
984
Prepayments and accrued income
-
-
Creditors: amounts falling due within one year
(85,152)
(80,514)
Net current assets (liabilities)
(84,785)
(79,530)
Total assets less current liabilities
(37,207)
(31,952)
Creditors: amounts falling due after more than one year
0
0
Provisions for liabilities
0
0
Accruals and deferred income
0
0
Total net assets (liabilities)
(37,207)
(31,952)
Capital and reserves
(37,207)
(31,952)
  • For the year ending 28 February 2025 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 4 November 2025

And signed on their behalf by:
Olufikayo Adeola, Director

OLU SENPAI LIMITED Registered Number 13938272

Notes to the Micro-entity Accounts for the period ended 28 February 2025

1Employees
2025 2024
Average number of employees during the period 0 0

2Accounting Policies

Basis of measurement and preparation of accounts
Note on Prior Period Adjustment
Prior Period Adjustment - Year ended 28 February 2024

The comparative figures for the year ended 28 February 2024 have been restated to correct errors in the original filing. The adjustments were:

Investments in subsidiaries (£38,378) previously included within the director's loan account have been correctly reclassified as fixed asset investments.

Director's loan account has been adjusted to reflect:

Removal of fictitious debtor balance (£17,206)
Reclassification of investment amounts to fixed assets (£38,378)
Recognition of actual amount owed to director (£80,514)
These adjustments resulted in:

Fixed assets increasing from £9,477 to £47,578
Current assets decreasing from £18,190 to £984
Creditors within one year increasing from £59,343 to £80,514
The restatements affect only balance sheet classifications and have no impact on:

The profit and loss account for either year
Corporation tax liabilities
Distributable reserves
Cash flows
The directors confirm that these restated figures present a true and fair view of the company's financial position.