Company Registration No. 15354394 (England and Wales)
FEMLAK HOMES LTD
Unaudited accounts
for the year ended 31 December 2025
FEMLAK HOMES LTD
Unaudited accounts
Contents
FEMLAK HOMES LTD
Company Information
for the year ended 31 December 2025
Directors
OLUWAFEMI MUSTAFA
OLUFOLAKE MUSTAFA
Company Number
15354394 (England and Wales)
Registered Office
20 WENLOCK ROAD
LONDON
N1 7GU
United Kingdom
Accountants
TENACITY FINANCIAL SOLUTIONS LTD
7 BELL YARD
LONDON
WC2A 2JR
FEMLAK HOMES LTD
Statement of financial position
as at 31 December 2025
Tangible assets
3,256
4,097
Investment property
215,000
215,000
Cash at bank and in hand
5,592
1,433
Creditors: amounts falling due within one year
(84,963)
(83,839)
Net current liabilities
(74,603)
(76,394)
Total assets less current liabilities
143,653
142,703
Creditors: amounts falling due after more than one year
(166,072)
(166,075)
Net liabilities
(22,419)
(23,372)
Called up share capital
2
2
Fair value reserve
406
406
Profit and loss account
(22,827)
(23,780)
Shareholders' funds
(22,419)
(23,372)
For the year ending 31 December 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 28 August 2026 and were signed on its behalf by
OLUWAFEMI MUSTAFA
Director
Company Registration No. 15354394
FEMLAK HOMES LTD
Notes to the Accounts
for the year ended 31 December 2025
FEMLAK HOMES LTD is a private company, limited by shares, registered in England and Wales, registration number 15354394. The registered office is 20 WENLOCK ROAD, LONDON, N1 7GU, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line Basis
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 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.
FEMLAK HOMES LTD
Notes to the Accounts
for the year ended 31 December 2025
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 January 2025
215,000
At 31 December 2025
215,000
The property was valued on 31st December 2025 by the directors.
Amounts falling due within one year
Accrued income and prepayments
1,244
1,244
Amounts falling due after more than one year
Accrued income and prepayments
3,524
4,768
7
Creditors: amounts falling due within one year
2025
2024
Loans from directors
83,703
82,959
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
166,072
166,075
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).