Company information

Folade Limited is a private company limited by shares, registered in England and Wales, registered number 7950498.

The company's registered office is: 12 Haydock Avenue, Laughton Common, Dinnington, South Yorkshire, S25 3AN, United Kingdom.

Balance Sheet

as at 28 February 2022

		2022		2021
		£		£
Fixed assets	189,996.39		190,124.75
Current assets	2,269.24		999.30
Creditors: amounts falling due within one year	(14,570.93)		(5,490.43)
Net current assets / (liabilities)		(12,301.69)		(4,491.13)
Total assets less current liabilities		177,694.70		185,633.62
Creditors: amounts falling due after more than one year		(165,097.96)		(182,745.54)
Net assets		12,596.74		2,888.08
Capital and reserves		12,596.74		2,888.08

For the year ending 28 February 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These 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.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved by the board of directors and signed on behalf of the board,

Adeola Okubanjo
29 March 2022

Notes to the accounts

1. Average number of employees

   During the year the average number of employees was 1 (2021: 1).