Onjenu Ltd

Onjenu Ltd

ONJENU LTD - Company Information

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1 January 2021 false No description of principal activity Taxfiler 2022.8.3 07178963business:PrivateLimitedCompanyLtd2021-01-012021-12-31 071789632020-12-31 071789632021-01-012021-12-31 07178963business:AuditExemptWithAccountantsReport2021-01-012021-12-31 07178963business:FullAccounts2021-01-012021-12-31 071789632021-12-31 07178963business:Director12021-01-012021-12-31 07178963business:RegisteredOffice2021-01-012021-12-31 071789632020-12-31 07178963core:WithinOneYear2021-12-31 07178963core:WithinOneYear2020-12-31 07178963core:ShareCapital2021-12-31 07178963core:ShareCapital2020-12-31 07178963core:RetainedEarningsAccumulatedLosses2021-12-31 07178963core:RetainedEarningsAccumulatedLosses2020-12-31 07178963business:SmallEntities2021-01-012021-12-31 07178963countries:EnglandWales2021-01-012021-12-31 07178963core:FurnitureFittings2021-01-012021-12-31 07178963core:ComputerEquipment2021-01-012021-12-31 07178963core:FurnitureFittings2020-12-31 07178963core:ComputerEquipment2020-12-31 07178963core:FurnitureFittings2021-12-31 07178963core:ComputerEquipment2021-12-31 07178963business:OrdinaryShareClass12021-01-012021-12-31 07178963business:OrdinaryShareClass12020-04-012020-12-31 071789632020-04-012020-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07178963 (England and Wales)
Onjenu Ltd Unaudited accounts for the year ended 31 December 2021
Onjenu Ltd Unaudited accounts Contents
Page
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Onjenu Ltd Company Information for the year ended 31 December 2021
Director
Philomena Ryan
Company Number
07178963 (England and Wales)
Registered Office
483 Green Lanes LONDON N13 4BS
Accountants
Wisdom Accounting Service Ltd FLAT 8, 50 NEW CHURCH ROAD HOVE EAST SUSSEX BN3 4DL
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Onjenu Ltd Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,432 
1,912 
Current assets
Inventories
24,449 
20,616 
Debtors
5
4,281 
3,435 
Cash at bank and in hand
427,111 
758,831 
455,841 
782,882 
Creditors: amounts falling due within one year
6
(114,028)
(411,809)
Net current assets
341,813 
371,073 
Net assets
343,245 
372,985 
Capital and reserves
Called up share capital
7
103 
103 
Profit and loss account
343,142 
372,882 
Shareholders' funds
343,245 
372,985 
For the year ending 31 December 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 her 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 30 April 2022 and were signed on its behalf by
Philomena Ryan Director Company Registration No. 07178963
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Onjenu Ltd Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Onjenu Ltd is a private company, limited by shares, registered in England and Wales, registration number 07178963. The registered office is 483 Green Lanes, LONDON, N13 4BS.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2021
19,628 
2,743 
22,371 
At 31 December 2021
19,628 
2,743 
22,371 
Depreciation
At 1 January 2021
18,110 
2,349 
20,459 
Charge for the year
380 
100 
480 
At 31 December 2021
18,490 
2,449 
20,939 
Net book value
At 31 December 2021
1,138 
294 
1,432 
At 31 December 2020
1,518 
394 
1,912 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
4,281 
3,435 
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Onjenu Ltd Notes to the Accounts for the year ended 31 December 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
15,350 
12,027 
Taxes and social security
17,607 
47,666 
Other creditors
15,388 
34,888 
Loans from directors
65,683 
317,228 
114,028 
411,809 
7
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
103 Ordinary shares of £1 each
103 
103 
8
Loans to directors
The director has repaid the loan to company by 31/12/2019 in full.
9
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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