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Company Registration No. 10734312 (England and Wales)
OLUADE GROUPS LIMITED Unaudited accounts for the year ended 30 April 2025
OLUADE GROUPS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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OLUADE GROUPS LIMITED Company Information for the year ended 30 April 2025
Director
Ayodeji Moses Oluyinka
Company Number
10734312 (England and Wales)
Registered Office
27 OLD GLOUCESTER STREET LONDON WC1N 3AX United Kingdom
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OLUADE GROUPS LIMITED Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,487
2,276
Current assets
Debtors
5
-
5,020
Cash at bank and in hand
55
141
55
5,161
Creditors: amounts falling due within one year
6
(4,872)
(10,265)
Net current liabilities
(4,817)
(5,104)
Total assets less current liabilities
(3,330)
(2,828)
Creditors: amounts falling due after more than one year
7
(100)
(100)
Net liabilities
(3,430)
(2,928)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(3,431)
(2,929)
Shareholders' funds
(3,430)
(2,928)
For the year ending 30 April 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 director acknowledges his 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 2 January 2026 and were signed on its behalf by
Ayodeji Moses Oluyinka Director Company Registration No. 10734312
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OLUADE GROUPS LIMITED Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
OLUADE GROUPS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10734312. The registered office is 27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX, 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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 May 2024
3,326
729
4,055
At 30 April 2025
3,326
729
4,055
Depreciation
At 1 May 2024
1,399
380
1,779
Charge for the year
643
146
789
At 30 April 2025
2,042
526
2,568
Net book value
At 30 April 2025
1,284
203
1,487
At 30 April 2024
1,927
349
2,276
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
-
5,020
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OLUADE GROUPS LIMITED Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
3,467
3,384
Other creditors
855
6,881
Accruals
550
-
4,872
10,265
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
100
100
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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