REGISTERED NUMBER: 16075205 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 12 NOVEMBER 2024 TO 30 NOVEMBER 2025

FOR

IJEME PROPERTIES LTD

Page

Company Information

1

Report of the Accountants

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

Director:

Mrs J I Olekanma

Registered office:

FAO Workwell Accountancy

Ground Floor East - Hyde

38 Clarendon Road

Watford

Hertfordshire

WD171JW

Registered number:

16075205 (England and Wales)

Accountants:

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 30 November 2025 set out on pages three to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

Date: .............................................

Fixed assets

Investments

4

52,911

Investment property

5

150,946

203,857

Current assets

Debtors

5,841

Cash at bank

4,261

10,102

Creditors

Amounts falling due within one year

122,490

Net current liabilities

(112,388

)

Total assets less current liabilities

91,469

Creditors

Amounts falling due after more than one year

6

(91,998

)

Provisions for liabilities

(729

)

Net liabilities

(1,258

)

Capital and reserves

Called up share capital

100

Fair value reserve

7

2,187

Retained earnings

(3,545

)

Shareholders' funds

(1,258

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2026 and were signed by:

Mrs J I Olekanma - Director

1.	Statutory information

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

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

At the balance sheet date of 30/11/2025, the company's liabilities exceed is assets. The company has received assurances from its shareholder that they will continue to give full financial support to the company for the next twelve months.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 30/11/2025 comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at 30/11/2025.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end 30/11/2025 and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	Employees and directors

The average number of employees during the period was 1 .

4.	Fixed asset investments

Information on investments other than loans is as follows:

Totals

£

Cost or valuation

Additions

49,995

Revaluations

2,916

At 30 November 2025

52,911

Net book value

At 30 November 2025

52,911

Cost or valuation at 30 November 2025 is represented by:

Totals

£

Valuation in 2025

2,916

Cost

49,995

52,911

5.	Investment property

Total

£

Fair value

Additions

150,946

At 30 November 2025

150,946

Net book value

At 30 November 2025

150,946

6.

Creditors: amounts falling due after more than five years

£

Repayable by instalments

Bank loans more 5 yr by instal

91,998

7.

Reserves

Fair

value

reserve

£

At 12 November 2024

and 30 November 2025

2,187

8.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the period ended 30 November 2025:

£

Mrs J I Olekanma

Balance outstanding at start of period

-

Amounts advanced

300

Amounts repaid

(2,531

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(2,231

)

9.	Ultimate controlling party

The ultimate controlling party is Mrs J I Olekanma.