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Company Registration No. 11646420 (England and Wales)
Finest Properties Two ( Nw2) LTD Unaudited accounts for the year ended 31 October 2025
Finest Properties Two ( Nw2) LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Finest Properties Two ( Nw2) LTD Company Information for the year ended 31 October 2025
Directors
Deyalage Kovinda Gimanada Perera Shanthi Jayalath Perera
Company Number
11646420 (England and Wales)
Registered Office
793 St Albans Rd, Watford, England, WD25
Accountants
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA
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Finest Properties Two ( Nw2) LTD Accountants' report
Accountants' report to the board of directors of Finest Properties Two ( Nw2) LTD on the preparation of the unaudited statutory accounts for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Finest Properties Two ( Nw2) LTD for the year ended 31 October 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Finest Properties Two ( Nw2) LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Finest Properties Two ( Nw2) LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Finest Properties Two ( Nw2) LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Finest Properties Two ( Nw2) LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Finest Properties Two ( Nw2) LTD. You consider that Finest Properties Two ( Nw2) LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Finest Properties Two ( Nw2) LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA 24 June 2026
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Finest Properties Two ( Nw2) LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
592,344
592,344
Current assets
Debtors
5
70,116
70,095
Cash at bank and in hand
1,276
50
71,392
70,145
Creditors: amounts falling due within one year
6
(154,896)
(154,416)
Net current liabilities
(83,504)
(84,271)
Total assets less current liabilities
508,840
508,073
Creditors: amounts falling due after more than one year
7
(523,642)
(533,475)
Net liabilities
(14,802)
(25,402)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(14,902)
(25,502)
Shareholders' funds
(14,802)
(25,402)
For the year ending 31 October 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 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 of Directors and authorised for issue on 24 June 2026 and were signed on its behalf by
Shanthi Jayalath Perera Director Company Registration No. 11646420
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Finest Properties Two ( Nw2) LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Finest Properties Two ( Nw2) LTD is a private company, limited by shares, registered in England and Wales, registration number 11646420. The registered office is 793 St Albans Rd,, Watford,, England,, WD25.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks, and other third parties.
Going concern
The director is assessing, on a daily basis, the impact of the significant uncertainty arising. Whilst the director appreciates there is a significant uncertainty surrounding the future economic climate, the company is well placed to address these impacts. The director is satisfied that the company will be able to satisfy its financial obligations for at least 12 months from the date of signature of the financial statements, which have been prepared on the going concern basis.
4
Investment property
2025
£
Fair value at 1 November 2024
592,344
At 31 October 2025
592,344
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Finest Properties Two ( Nw2) LTD Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
117
96
Other debtors
69,999
69,999
70,116
70,095
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
23,548
23,548
Loans from directors
127,521
126,800
Accruals
3,827
4,068
154,896
154,416
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
523,642
533,475
8
Transactions with related parties
The director is also a director an a shareholder of the Kohana One (NW) Ltd, Finest Properties (NW) Ltd, YA NW6 Ltd and Prime Properties (GB) Limited. At the reporting date Finest Properties (NW) Ltd owed the company £69,998 (2024: £69,998). At the reporting date Kohana One (NW) Ltd owed by the company £3,498 (2024: £3,498). At the reporting date Prime Properties (GB) Limited owed the company £20,050 (2024: £20,050).
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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