The African Housing Company Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3

Registered number: 08265741

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		11,516		11,516

			11,516		11,516
CURRENT ASSETS
Cash at bank and in hand		21,337		21,795

		21,337		21,795
Creditors: Amounts Falling Due Within One Year	5	(54,420 )		(54,406 )

NET CURRENT ASSETS (LIABILITIES)			(33,083 )		(32,611 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(21,567 )		(21,095 )

NET LIABILITIES			(21,567 )		(21,095 )

CAPITAL AND RESERVES
Called up share capital	6		40		40
Profit and Loss Account			(21,607 )		(21,135 )

SHAREHOLDERS' FUNDS			(21,567)		(21,095)

Page 1

Page 2

The African Housing Company Ltd

Balance Sheet (continued)

As At 31 October 2024

For the year ending 31 October 2024 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Olugbenga Olanrewaju

Director

29th August 2025

The notes on page 3 form part of these financial statements.

1. General Information

The African Housing Company Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08265741 . The registered office is 227 Oldbrook Boulevard, Oldbrook, Milton Keynes, MK6 2QA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

No depreciation

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 November 2023	11,516

As at 31 October 2024	11,516

Net Book Value
As at 31 October 2024	11,516

As at 1 November 2023	11,516

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	54,420	54,406

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	40	40