ONAJOLE LIMITED - Accounts

ONAJOLE LIMITED
Statement of Financial Position
As at 31 January 2026

	2026		2025
	£	£	£	£
Fixed assets		40,241		40,482
Current assets	970		11,516
Creditors: amount falling due within one year	(34,778)		(36,426)
Net current assets		(33,808)		(24,910)
Total assets less current liabilities		6,433		15,572
Net assets		6,433		15,572


Capital and reserves		6,433		15,572

NOTES TO THE ACCOUNTS

General Information

ONAJOLE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11766253, registration address 20-22 Wenlock Road, London, N1 7GU.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – 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.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

20% Straight Line

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 February 2025	1,207	1,207
Additions	-	-
Disposals	-	-
At 31 January 2026	1,207	1,207
Depreciation
At 01 February 2025	724	724
Charge for year	242	242
On disposals	-	-
At 31 January 2026	966	966
Net book values
Closing balance as at 31 January 2026	241	241
Opening balance as at 01 February 2025	482	482

3.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

4.	Director’s loan

Director Account

At the year end, a balance of £19,383 was owed to the director. The above balance is interest free with no fixed date of repayment.

For the year ended 31 January 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 year in question in accordance with section 476.

The director acknowledges 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 in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 22 July 2026 and were signed by:

--------------------------------
Damilare Temitope Onajole
Director


Registered Number: 11766253
England and Wales
ONAJOLE LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 February 2025 End date: 31 January 2026