Micro-entity Accounts - OLAIYA AFRICAN FOOD STORE LTD.

07034060 OLAIYA AFRICAN FOOD STORE LTD. 2016-12-31 false 2016-01-01 2016-12-31 true 07034060 2016-01-01 2016-12-31 07034060 2016-12-31 07034060 2015-12-31 07034060 uk-gaap-cd-bus:Director1 2016-01-01 2016-12-31 07034060 uk-gaap-cd-bus:Director2 2016-01-01 2016-12-31 07034060 uk-gaap-cd-bus:AllEntityOfficers 2016-01-01 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-01 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 iso4217:GBP shares

Registered Number 07034060

OLAIYA AFRICAN FOOD STORE LTD.

Micro-entity Accounts

31 December 2016

OLAIYA AFRICAN FOOD STORE LTD. Registered Number 07034060

Micro-entity Balance Sheet as at 31 December 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	1	200	650
		200	650
Current assets
Stocks		2,215	1,813
Cash at bank and in hand		176	433
		2,391	2,246
Creditors: amounts falling due within one year	2	(2,735)	(2,878)
Net current assets (liabilities)		(344)	(632)
Total assets less current liabilities		(144)	18
Total net assets (liabilities)		(144)	18
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		(1,144)	(982)
Shareholders' funds		(144)	18

For the year ending 31 December 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 August 2017

And signed on their behalf by:
Adesina Ajao, Director

OLAIYA AFRICAN FOOD STORE LTD. Registered Number 07034060

Notes to the Micro-entity Accounts for the period ended 31 December 2016

1Tangible fixed assets

	£
Cost
At 1 January 2016	2,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2016	2,000
Depreciation
At 1 January 2016	1,350
Charge for the year	450
On disposals	-
At 31 December 2016	1,800
Net book values
At 31 December 2016	200
At 31 December 2015	650

2Creditors

	2016 £	2015 £
Secured Debts	2,735	2,878

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000