Registrar

Registration number: 14085746

Family Build London Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Family Build London Limited

Company Information

Directors

M Z Jiwa

Registered office

3 Warners Mill Silks Way Braintree Essex United Kingdom CM7 3GB

Accountants

Lambert Chapman LLP Chartered accountants 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Family Build London Limited

(Registration number: 14085746)
Balance Sheet as at 31 May 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	47,899	36,215
Investment property	5	2,300,000	1,020,000
		2,347,899	1,056,215
Current assets
Debtors	6	9,073	1,605
Cash at bank and in hand		11,570	5,618
		20,643	7,223
Creditors: Amounts falling due within one year	7	(823,536)	(210,695)
Net current liabilities		(802,893)	(203,472)
Total assets less current liabilities		1,545,006	852,743
Creditors: Amounts falling due after more than one year	7	(1,349,634)	(743,462)
Provisions for liabilities		(80,899)	(27,348)
Net assets		114,473	81,933
Capital and reserves
Called up share capital	8	100	100
Retained earnings		114,373	81,833
Shareholders' funds		114,473	81,933

For the financial year ended 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 July 2026
 

M Z Jiwa
Director

Family Build London Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 3 Warners Mill, Silks Way, Braintree, Essex, CM7 3GB, United Kingdom.

These financial statements were authorised for issue by the director on 21 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of residential property in the ordinary course of the company’s activities.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Family Build London Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by M Z Jiwa. M Z Jiwa uses observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in the profit and loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from rental property income earned in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 1).

Family Build London Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

4	Tangible assets

	Office equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 June 2025	-	62,642	62,642
Additions	22,203	-	22,203
At 31 May 2026	22,203	62,642	84,845
Depreciation
At 1 June 2025	-	26,427	26,427
Charge for the year	1,465	9,054	10,519
At 31 May 2026	1,465	35,481	36,946
Carrying amount
At 31 May 2026	20,738	27,161	47,899
At 31 May 2025	-	36,215	36,215

5	Investment properties

	2026 £
At 1 June	1,020,000
Additions	1,043,724
Fair value adjustments	236,276
At 31 May 2026	2,300,000

The investment properties are valued by the director at each reporting date.

The investment properties have been pledged as security against loans and borrowings.

There has been no valuation of investment property by an independent valuer.

6

Debtors

	2026 £	2025 £
Prepayments	8,052	1,605
Other debtors	1,021	-
	9,073	1,605

Family Build London Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	8,039	30,550
Trade creditors		-	330
Taxation and social security		504	-
Other creditors		814,153	179,005
Accruals and deferred income		840	810
		823,536	210,695

Creditors due within one year include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £8,039 (2025 - £30,550).

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	1,349,634	743,462

Creditors due after one year include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £1,349,786 (2025 - £743,462).

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

Family Build London Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

9	Loans and borrowings

Current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	8,039	30,550

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	1,348,935	743,462
Hire purchase contracts	699	-
	1,349,634	743,462