FUHNGWA'S HEAVEN LIMITED


Directors	CHEBE, Grace Lem
	FUH, Ngwa Innocent


Registered Address	3 Wavell Close
	Wavell Close
	Reading
	RG2 8EJ


Registered Number	12351022 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Investment property	3		239,314		-
			239,314		-
Current assets
Cash at bank and on hand		2,072		190
		2,072		190
Creditors amounts falling due within one year	4	(89,860)		(1,085)
Net current assets (liabilities)			(87,788)		(895)
Total assets less current liabilities			151,526		(895)
Creditors amounts falling due after one year	5		(158,114)		-
Net assets			(6,588)		(895)
Capital and reserves
Called up share capital			100		(100)
Profit and loss account			(6,688)		(795)
Shareholders' funds			(6,588)		(895)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 14 September 2025, and are signed on its behalf by:

CHEBE, Grace Lem
Director

FUH, Ngwa Innocent
Director

Registered Company No. 12351022

FUHNGWA'S HEAVEN LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		1

3.	Investment property


		£
	Additions	239,314
	At 31 December 24	239,314

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	-	1,085
Other creditors	89,260	-
Accrued liabilities and deferred income	600	-
Total	89,860	1,085

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	158,114	-
Total	158,114	-

6.	Directors advances, credits and guarantees
	At the balance sheet date, the company owes to the director an amount of £89,260. (2023: NIL)