MOREMI HOUSING LTD.

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

Registered number: 11848774

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		401,609		5,815

			401,609		5,815
CURRENT ASSETS
Debtors		35,085		88,540
Cash at bank and in hand		22,526		137,347

		57,611		225,887
Creditors: Amounts Falling Due Within One Year		(54,947 )		(54,718 )

NET CURRENT ASSETS (LIABILITIES)			2,664		171,169

TOTAL ASSETS LESS CURRENT LIABILITIES			404,273		176,984

Creditors: Amounts Falling Due After More Than One Year			(384,602 )		(140,000 )

NET ASSETS			19,671		36,984

Income and Expenditure Account			19,671		36,984

MEMBERS' FUNDS			19,671		36,984

Page 1

Page 2

MOREMI HOUSING LTD.

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 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 Income and Expenditure Account.

On behalf of the board

Ms Anita Funmilayo Faloye Director	Mr Phillip Olawale Adeniran Director
23/07/2025

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

1. General Information

MOREMI HOUSING LTD. is a private company, limited by guarantee, incorporated in England & Wales, registered number 11848774 . The registered office is 132 Dursley Road, London, SE3 8PQ.

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. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income and expenditure account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 7)

4. Tangible Assets

	Investment Properties	Plant & Machinery etc.	Total
	£	£	£
Cost
As at 29 February 2024	-	29,878	29,878
Additions	400,000	2,059	402,059

As at 28 February 2025	400,000	31,937	431,937

Depreciation
As at 29 February 2024	-	24,063	24,063
Provided during the period	-	6,265	6,265

As at 28 February 2025	-	30,328	30,328

Net Book Value
As at 28 February 2025	400,000	1,609	401,609

As at 29 February 2024	-	5,815	5,815

5. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £2.

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