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Registered Number: 15297200


 

 

 

OLUFERASD1 LIMITED



Abridged Accounts
 


Period of accounts

Start date: 01 December 2024

End date: 30 November 2025
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts of OLUFERASD1 LIMITED for the year ended 30 November 2025 which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the member of OLUFERASD1 LIMITED, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of OLUFERASD1 LIMITED and state those matters that we have agreed to state to the Board ofs of OLUFERASD1 LIMITED, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OLUFERASD1 LIMITED and its members as a body for our work or for this report.

It is your duty to ensure that OLUFERASD1 LIMITED 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 OLUFERASD1 LIMITED. You consider that OLUFERASD1 LIMITED 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 OLUFERASD1 LIMITED. 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.



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

VICTOR CHANCE LIMITED

( Chartered Certified Accountants)
1 Blueberry Avenue
Manchester
M40 0GE
27 August 2026
1
 
 
Notes
 
2025
£
  2024
£
Current assets      
Stocks 9,646   
Cash at bank and in hand 880    310 
10,526    310 
Creditors: amount falling due within one year (18,192)   (7,870)
Net current assets (7,666)   (7,560)
 
Total assets less current liabilities (7,666)   (7,560)
Net assets (7,666)   (7,560)
 

Capital and reserves
     
Called up share capital 3 2    2 
Profit and loss account (7,668)   (7,562)
Shareholders' funds (7,666)   (7,560)
 


For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 27 August 2026 and were signed on its behalf by:


-------------------------------
OMOTAYO RASIDAT AYEGBUSI
Director
2
General Information
OLUFERASD1 LIMITED is a private company, limited by shares, registered in , registration number 15297200, registration address 59 Hopwood Court, Middleton, Manchester, M24 6JF.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of trade discounts.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
2.

Average number of employees

Average number of employees during the year was 0 (2024 : 0).
3.

Share Capital

Allotted, called up and fully paid
2025
£
  2024
£
2 Class A shares of £1.00 each  
 

3