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Company Registration No. 8842277 (England and Wales)
SABOKEMI LIMITED Unaudited accounts for the year ended 31 January 2026
SABOKEMI LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SABOKEMI LIMITED Company Information for the year ended 31 January 2026
Directors
O Akinkunmi Oluwakemi Bose Akinkunmi
Secretary
A O Aguda
Company Number
8842277 (England and Wales)
Registered Office
108 LAZONBY WAY NEWCASTLE UPON TYNE NE5 4EP ENGLAND
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SABOKEMI LIMITED Statement of financial position as at 31 January 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
15,473
19,423
Current assets
Inventories
18,101
18,640
Debtors
5
71,971
51,142
Cash at bank and in hand
705
809
90,777
70,591
Creditors: amounts falling due within one year
6
(62,853)
(3,816)
Net current assets
27,924
66,775
Total assets less current liabilities
43,397
86,198
Creditors: amounts falling due after more than one year
7
(9,405)
(63,770)
Net assets
33,992
22,428
Capital and reserves
Called up share capital
2
2
Profit and loss account
33,990
22,426
Shareholders' funds
33,992
22,428
For the year ending 31 January 2026 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 21 March 2026 and were signed on its behalf by
O Akinkunmi Director Company Registration No. 8842277
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SABOKEMI LIMITED Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
SABOKEMI LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8842277. The registered office is 108 LAZONBY WAY, NEWCASTLE UPON TYNE, NE5 4EP, ENGLAND.
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:
Plant & machinery
25% straight line
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 February 2025
19,752
At 31 January 2026
19,752
Depreciation
At 1 February 2025
329
Charge for the year
3,950
At 31 January 2026
4,279
Net book value
At 31 January 2026
15,473
At 31 January 2025
19,423
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
46,971
24,142
Accrued income and prepayments
25,000
27,000
71,971
51,142
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SABOKEMI LIMITED Notes to the Accounts for the year ended 31 January 2026
6
Creditors: amounts falling due within one year
2026
2025
£
£
Obligations under finance leases and hire purchase contracts
2,646
2,395
Trade creditors
3,500
-
Taxes and social security
3,756
771
Other creditors
45,000
-
Loans from directors
7,301
-
Accruals
650
650
62,853
3,816
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Obligations under finance leases and hire purchase contracts
9,405
11,797
Loans from directors
-
51,973
9,405
63,770
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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