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Company Registration No. 08650648 (England and Wales)
PREDAVE LTD Unaudited accounts for the year ended 31 August 2025
PREDAVE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PREDAVE LTD Company Information for the year ended 31 August 2025
Director
Emmanuel AKINWUNMI
Company Number
08650648 (England and Wales)
Accountants
Olusegun Aiyeola (M.Sc, AFA MIPA) Earlybirds Consulting Ltd 36 Spenlows Road Milton Keynes MK3 6JU
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PREDAVE LTD Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
2,588
7,542
Cash at bank and in hand
353
1,045
2,941
8,587
Creditors: amounts falling due within one year
6
(1,236)
(3,096)
Net current assets
1,705
5,491
Total assets less current liabilities
1,705
5,491
Creditors: amounts falling due after more than one year
7
(1,503)
(4,795)
Net assets
202
696
Capital and reserves
Called up share capital
1
1
Profit and loss account
201
695
Shareholders' funds
202
696
For the year ending 31 August 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 21 April 2026 and were signed on its behalf by
Emmanuel AKINWUNMI Director Company Registration No. 08650648
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PREDAVE LTD Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
PREDAVE LTD is a private company, limited by shares, registered in England and Wales, registration number 08650648.
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
These financial statements for the year ended 31 August 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
Fixtures & fittings
£
Cost or valuation
At cost
At 1 September 2024
1,561
At 31 August 2025
1,561
Depreciation
At 1 September 2024
1,561
At 31 August 2025
1,561
Net book value
At 31 August 2025
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
2,588
7,542
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PREDAVE LTD Notes to the Accounts for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
236
2,096
Accruals
1,000
1,000
1,236
3,096
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,503
4,795
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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