Company Registration No. 06323200 (England and Wales)
Bodel Investments Limited
accounts
for the year ended 31 July 2021
Bodel Investments Limited
accounts
Contents
Bodel Investments Limited
Company Information
for the year ended 31 July 2021
Director
Bamidele Olufemi Akodu
Company Number
06323200 (England and Wales)
Registered Office
15 Langford Green
Champion Hill
Camberwell
SE5 8BX
Accountants
Jacring and Associates
11 King Arthur Close
New Cross
London
SE15 2LP
Bodel Investments Limited
Statement of financial position
as at
31 July 2021
Investment property
528,000
427,000
Creditors: amounts falling due within one year
(29,644)
(44,797)
Net current liabilities
(29,644)
(44,797)
Total assets less current liabilities
498,356
382,203
Creditors: amounts falling due after more than one year
(348,097)
(213,091)
Net assets
150,259
169,112
Called up share capital
2
2
Revaluation reserve
132,376
132,376
Profit and loss account
17,881
36,734
Shareholders' funds
150,259
169,112
For the year ending 31 July 2021 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 February 2022 and were signed on its behalf by
Bamidele Olufemi Akodu
Director
Company Registration No. 06323200
Bodel Investments Limited
Notes to the Accounts
for the year ended 31 July 2021
Bodel Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 06323200. The registered office is 15 Langford Green, Champion Hill, Camberwell, SE5 8BX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investment property
2021
Fair value at 1 August 2020
427,000
Net gain from fair value adjustments
101,000
5
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
12,100
5,688
Taxes and social security
5,106
4,482
Loans from directors
12,088
34,277
6
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
348,097
213,091
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).