OLEKA CREATIVE LTD


Director	Lloyd Midgley


Registered Number	16199327 (England and Wales)

Statement of Financial Position
31 January 2026

	Notes	2026
		£	£
Fixed assets
Tangible assets	3		140
			140
Current assets
Stocks	4	795
Debtors		12,386
Cash at bank and on hand		6,462
		19,643
Creditors amounts falling due within one year	5	(19,269)
Net current assets (liabilities)			374
Total assets less current liabilities			514
Provisions for liabilities	6		(27)
Net assets			487
Capital and reserves
Called up share capital			1
Profit and loss account			486
Shareholders' funds			487

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 20 October 2026, and are signed on its behalf by:

Lloyd Midgley
Director
Registered Company No. 16199327

OLEKA CREATIVE LTD

Notes to the Financial Statements
for the period ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by share capital and incorporated in England and Wales. The registered office address is: 14a Hova Villas HOVE East Sussex BN3 3DF

	Statement of compliance
	The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	The turnover shown in the income statement represents amounts invoiced during the year for the sale of goods and the provision of services in the ordinary course of the company's activities. Turnover is shown exclusive of value added tax.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

	Tangible fixed assets and depreciation
	Tangible fixed assets are initially recorded at cost. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life:


		Straight line (years)
	Office Equipment	3

	Stocks and work in progress
	Stock of merchandise is stated at the purchase price of components i.e. as determined using the first-in, first-out (FIFO) method. The cost of stock which no longer has value is written off in the reporting period in which the valuation is recognised.

	Trade and other creditors
	Trade creditors are measured at the initial transaction price (which is usually the invoice price).

2.	Average number of employees
	The average number of employees including the director is shown below.


		2026
	Average number of employees during the year	1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
Revaluations	180	180
At 31 January 26	180	180
Depreciation and impairment
Charge for year	40	40
At 31 January 26	40	40
Net book value
At 31 January 26	140	140
At 20 January 25	-	-

4.	Stocks

		2026
		£
	Raw materials and consumables	795
	Total	795

5.	Creditors: amounts due within one year

		2026
		£
	Trade creditors / trade payables	354
	Amounts owed to related parties	9,893
	Taxation and social security	8,886
	Accrued liabilities and deferred income	136
	Total	19,269


	Included within creditors is a directors' current account. The account is unsecured, interest free and carries no fixed date of repayment.

6.	Provisions for liabilities

		2026
		£
	Net deferred tax liability (asset)	27
	Total	27