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Company Registration No. 07717255 (England and Wales)
EUGENE ONWUKA PROJECTS LTD Unaudited accounts for the year ended 31 July 2025
EUGENE ONWUKA PROJECTS LTD Unaudited accounts Contents
Page
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EUGENE ONWUKA PROJECTS LTD Company Information for the year ended 31 July 2025
Director
Eugene Onwuka
Secretary
Eugene Onwuka
Company Number
07717255 (England and Wales)
Registered Office
25 Melville Avenue Frimley CAMBERLEY Surrey gu16 8na United Kingdom
Accountants
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX
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EUGENE ONWUKA PROJECTS LTD Accountants' report
Accountants' report to the director of EUGENE ONWUKA PROJECTS LTD on the preparation of the unaudited statutory accounts for the year ended 31 July 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of EUGENE ONWUKA PROJECTS LTD for the year ended 31 July 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of EUGENE ONWUKA PROJECTS LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of EUGENE ONWUKA PROJECTS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EUGENE ONWUKA PROJECTS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that EUGENE ONWUKA PROJECTS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of EUGENE ONWUKA PROJECTS LTD. You consider that EUGENE ONWUKA PROJECTS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of EUGENE ONWUKA PROJECTS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX 29 April 2026
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EUGENE ONWUKA PROJECTS LTD Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,192 
16,256 
Investments
97,000 
97,000 
109,192 
113,256 
Current assets
Debtors
72,442 
74,302 
Cash at bank and in hand
68 
68 
72,510 
74,370 
Creditors: amounts falling due within one year
(2,095)
(2,248)
Net current assets
70,415 
72,122 
Total assets less current liabilities
179,607 
185,378 
Creditors: amounts falling due after more than one year
(46,025)
(46,025)
Net assets
133,582 
139,353 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
133,581 
139,352 
Shareholders' funds
133,582 
139,353 
For the year ending 31 July 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 29 April 2026 and were signed on its behalf by
Eugene Onwuka Director Company Registration No. 07717255
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EUGENE ONWUKA PROJECTS LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
EUGENE ONWUKA PROJECTS LTD is a private company, limited by shares, registered in England and Wales, registration number 07717255. The registered office is 25 Melville Avenue, Frimley, CAMBERLEY, Surrey, gu16 8na, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
10
Fixtures & fittings
10
Computer equipment
25
Other tangible fixed assets
20
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Going concern
The board of director(s) has a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. For these reasons, the board decides to continue to adopt the going concern basis in preparing the financial statements for the company.
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EUGENE ONWUKA PROJECTS LTD Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2024
40,640 
1,244 
8,759 
50,643 
At 31 July 2025
40,640 
1,244 
8,759 
50,643 
Depreciation
At 1 August 2024
24,384 
1,244 
8,759 
34,387 
Charge for the year
4,064 
- 
- 
4,064 
At 31 July 2025
28,448 
1,244 
8,759 
38,451 
Net book value
At 31 July 2025
12,192 
- 
- 
12,192 
At 31 July 2024
16,256 
- 
- 
16,256 
5
Investments
Other investments 
£ 
Valuation at 1 August 2024
97,000 
Valuation at 31 July 2025
97,000 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
69,851 
71,711 
Amounts falling due after more than one year
Other debtors
2,591 
2,591 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
1,795 
1,796 
Other creditors
- 
92 
Accruals
300 
360 
2,095 
2,248 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
29,000 
29,000 
Obligations under finance leases and hire purchase contracts
17,025 
17,025 
46,025 
46,025 
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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