FRS102 1A Filleted


Company registration number:				16233425
Victoria Fawole Limited

Balance sheet
as at 28 February 2026

	Note	£	£
Fixed assets
Owned:
Tangible assets	4	2,270
			2,270
Current assets
Debtors	5	63,364
Cash at bank and in hand		98,532
			161,896
Creditors: amounts falling due within one year	6		(50,168)
Net current assets			111,728
Total assets less current liabilities			113,998
NET ASSETS			113,998

Capital and reserves
Called up share capital			1
Profit and loss account			113,997
TOTAL EQUITY			113,998


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 28 February 2026.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.

1


Victoria Fawole Limited

Notes to the financial statements
for the period ended 28 February 2026


1	Company information

	Victoria Fawole Limited is a private company registered in England and Wales. Its registered number is 16233425. The company is limited by shares. Its registered office is 23 Durham Road, London, London, E16 4NF.

2	Accounting policies

	Basis of preparing the financial statements
	These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.

	Adoption of the 2024 periodic review
	Victoria Fawole Limited has early adopted the amendments arising from the 2024 periodic review applicable to the standard referenced in the basis of preparation statement.

	These amendments mandate changes to various accounting policies and expand the required disclosures. The amendments are applied retrospectively, in accordance with paragraph 10.12 of the standard, with such exceptions and transitional arrangements as specified in paragraphs 1.40 to 1.68.

	Going concern
	In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

	The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

	Turnover
	Turnover is recognised from sales when a performance obligation under a valid contract with a customer has been satisfied at the transaction price allocated to that obligation. Transaction prices so recognised exclude Value Added Tax and any other sales taxes.

	Tangible fixed assets
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

	Plant and machinery etc.:
	Computer Equipment	-	20% reducing balance

3


Victoria Fawole Limited

Notes to the financial statements - continued
for the period ended 28 February 2026

2	Accounting policies - continued

	Taxation
	Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

	Current taxation assets and liabilities are not discounted.

	Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3	Average number of employees

	During the period the average number of employees was Nil.

4	Tangible fixed assets

		Plant and machinery etc.
		£
	Cost
	Additions	2,832
	At 28 February 2026	2,832

	Depreciation
	Charge for period	562
	At 28 February 2026	562

	Net book value
	At 28 February 2026	2,270


5	Debtors

		£
	Trade debtors	63,364


4


	Company registration number:		16233425
	Victoria Fawole Limited

	Balance sheet - continued
	as at 28 February 2026

	The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

	In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.

	Signed by:

	Ms M Fawole, Director
	13 October 2026

	2


	Company registration number:	16233425

	Annual report and unaudited financial statements
	for the period ended 28 February 2026
	for
	Victoria Fawole Limited


	Pages for filing with the Registrar