Abiola Oduwusi Services Ltd 14315779 false 2025-09-01 2026-06-30 2026-06-30 The principal activity of the company is Information technology consultancy activities Digita Accounts Production Advanced 6.30.9574.0 true 14315779 2025-09-01 2026-06-30 14315779 2026-06-30 14315779 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2026-06-30 14315779 core:CurrentFinancialInstruments 2026-06-30 14315779 core:CurrentFinancialInstruments core:WithinOneYear 2026-06-30 14315779 core:Non-currentFinancialInstruments core:AfterOneYear 2026-06-30 14315779 core:FurnitureFittingsToolsEquipment 2026-06-30 14315779 core:MotorVehicles 2026-06-30 14315779 bus:SmallEntities 2025-09-01 2026-06-30 14315779 bus:AuditExemptWithAccountantsReport 2025-09-01 2026-06-30 14315779 bus:FilletedAccounts 2025-09-01 2026-06-30 14315779 bus:SmallCompaniesRegimeForAccounts 2025-09-01 2026-06-30 14315779 bus:RegisteredOffice 2025-09-01 2026-06-30 14315779 bus:Director1 2025-09-01 2026-06-30 14315779 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2025-09-01 2026-06-30 14315779 bus:PrivateLimitedCompanyLtd 2025-09-01 2026-06-30 14315779 bus:Agent1 2025-09-01 2026-06-30 14315779 core:ComputerEquipment 2025-09-01 2026-06-30 14315779 core:FurnitureFittingsToolsEquipment 2025-09-01 2026-06-30 14315779 core:MotorVehicles 2025-09-01 2026-06-30 14315779 core:Vehicles 2025-09-01 2026-06-30 14315779 countries:England 2025-09-01 2026-06-30 14315779 2025-08-31 14315779 core:FurnitureFittingsToolsEquipment 2025-08-31 14315779 core:MotorVehicles 2025-08-31 14315779 2024-09-01 2025-08-31 14315779 2025-08-31 14315779 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2025-08-31 14315779 core:CurrentFinancialInstruments 2025-08-31 14315779 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 14315779 core:Non-currentFinancialInstruments core:AfterOneYear 2025-08-31 14315779 core:FurnitureFittingsToolsEquipment 2025-08-31 14315779 core:MotorVehicles 2025-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14315779

Abiola Oduwusi Services Ltd
Unaudited Filleted Financial Statements
for the Period from 1 September 2025 to 30 June 2026

Abiola Oduwusi Services Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

Abiola Oduwusi Services Ltd

Company Information

Director | Miss Abiola Oduwusi

Registered office | Clever Accounts Limited Brookfield Court Selby Road Leeds LS25 1NB

Accountants | Clever Accounts Ltd Brookfield Court Selby Road Garforth, Leeds LS25 1NB

Abiola Oduwusi Services Ltd

(Registration number: 14315779)
Balance Sheet as at 30 June 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | - | 18,687
Current assets |  |  |
Debtors |  | - | 6,329
Cash at bank and in hand |  | 33,123 | 23,533
|  | 33,123 | 29,862
Creditors: Amounts falling due within one year |  | (8,123) | (437)
Net current assets |  | 25,000 | 29,425
Total assets less current liabilities |  | 25,000 | 48,112
Creditors: Amounts falling due after more than one year |  | - | (19,736)
Net assets |  | 25,000 | 28,376
Capital and reserves |  |  |
Called up share capital | 5 | 1 | 1
Retained earnings |  | 24,999 | 28,375
Shareholders' funds |  | 25,000 | 28,376

For the financial period ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Abiola Oduwusi Services Ltd

(Registration number: 14315779)
Balance Sheet as at 30 June 2026

Approved and authorised by the director on 20 July 2026

.........................................

Miss Abiola Oduwusi
Director

Abiola Oduwusi Services Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2025 to 30 June 2026

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Clever Accounts Limited
Brookfield Court
Selby Road
Leeds
LS25 1NB

These financial statements were authorised for issue by the director on 20 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Abiola Oduwusi Services Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2025 to 30 June 2026

Asset class | Depreciation method and rate
Motor Vehicles | 25% Reducing Balance
Computer Equipment | 3 Years Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Abiola Oduwusi Services Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2025 to 30 June 2026

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2025 - 1).

Abiola Oduwusi Services Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2025 to 30 June 2026

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 September 2025 | 1,749 | 32,689 | 34,438
At 30 June 2026 | 1,749 | 32,689 | 34,438
Depreciation
At 1 September 2025 | 1,166 | 14,585 | 15,751
Charge for the period | 583 | - | 583
Eliminated on disposal | - | 18,104 | 18,104
At 30 June 2026 | 1,749 | 32,689 | 34,438
Carrying amount
At 30 June 2026 | - | - | -
At 31 August 2025 | 583 | 18,104 | 18,687

5 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Share Capital of £1 each | 1 | 1 | 1 | 1