Registration number: 09322343

The Finer Dwelling Company Limited

Contents

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

The Finer Dwelling Company Limited

Company Information

Directors

Mr Julius Irikefe Junior Amogbokpa Miss Sophia Amogbokpa Miss Christianna Salako Dr Jason Ediri Amogbokpa

Company secretary

Miss Christianna Salako

Registered office

20-22 Wenlock Road London London England N1 7GU

Accountants

RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

The Finer Dwelling Company Limited

(Registration number: 09322343)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	6,812	13,247
Current assets
Debtors	6	51,612	76,357
Cash at bank and in hand		16,251	41,015
		67,863	117,372
Creditors: Amounts falling due within one year	7	(111,722)	(70,756)
Net current (liabilities)/assets		(43,859)	46,616
Total assets less current liabilities		(37,047)	59,863
Creditors: Amounts falling due after more than one year	7	(229,292)	(139,667)
Net liabilities		(266,339)	(79,804)
Capital and reserves
Called up share capital		100	100
Retained earnings		(266,439)	(79,904)
Shareholders' deficit		(266,339)	(79,804)

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 28 August 2026 and signed on its behalf by:
 

......................................... Miss Christianna Salako Company secretary and director

The Finer Dwelling Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

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

The address of its registered office is:
20-22 Wenlock Road
London
London
N1 7GU
England

These financial statements were authorised for issue by the Board on 28 August 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 except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, 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 in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

The Finer Dwelling Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

2	Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture and fittings	25% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 3).

The Finer Dwelling Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

4	Loss before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	7,563	7,948

The Finer Dwelling Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 December 2024	31,791	31,791
Additions	1,128	1,128
At 30 November 2025	32,919	32,919
Depreciation
At 1 December 2024	18,544	18,544
Charge for the year	7,563	7,563
At 30 November 2025	26,107	26,107
Carrying amount
At 30 November 2025	6,812	6,812
At 30 November 2024	13,247	13,247

6

Debtors

Current	Note	2025 £	2024 £
Trade debtors		929	657
Amounts owed by related parties		104	-
Prepayments		3,288	571
Other debtors		47,291	75,129
		51,612	76,357

7

Creditors

Creditors: amounts falling due within one year

The Finer Dwelling Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

7	Creditors (continued)

	Note	2025 £	2024 £
Due within one year
Trade creditors		32,267	8,865
Amounts owed to group undertakings and undertakings in which the company has a participating interest		-	105
Taxation and social security		47,621	47,433
Accruals and deferred income		850	834
Other creditors		30,984	13,519
		111,722	70,756

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		229,292	139,667