IRIS Accounts Production v23.3.0.418 04987216 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 389207 221891 151616 176156 6329 8840 534494 389207 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh049872162022-03-31049872162023-03-31049872162022-04-012023-03-31049872162021-03-31049872162021-04-012022-03-31049872162022-03-3104987216ns10:Originalns15:EnglandWales2022-04-012023-03-3104987216ns14:PoundSterlingns10:Original2022-04-012023-03-3104987216ns10:Originalns10:Director12022-04-012023-03-3104987216ns10:Original2022-04-012023-03-3104987216ns10:Original2023-03-3104987216ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3104987216ns10:Originalns10:SmallEntities2022-04-012023-03-3104987216ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3104987216ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3104987216ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3104987216ns10:Originalns10:FullAccounts2022-04-012023-03-3104987216ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3104987216ns10:Originalns10:OrdinaryShareClass22022-04-012023-03-3104987216ns10:Original42ns10:Director22022-03-3104987216ns10:Original42ns10:Director22021-03-3104987216ns10:Original42ns10:Director22022-04-012023-03-3104987216ns10:Original42ns10:Director22021-04-012022-03-3104987216ns10:Original42ns10:Director22023-03-3104987216ns10:Original42ns10:Director22022-03-3104987216ns10:Originalns10:Director22022-04-012023-03-3104987216ns10:Originalns10:Director32022-04-012023-03-3104987216ns10:Originalns10:Director42022-04-012023-03-3104987216ns10:CompanySecretary1ns10:Original2022-04-012023-03-3104987216ns10:Originalns10:RegisteredOffice2022-04-012023-03-3104987216ns10:Original2022-03-3104987216ns10:Originalns5:CurrentFinancialInstruments2023-03-3104987216ns10:Originalns5:CurrentFinancialInstruments2022-03-3104987216ns10:Originalns5:Non-currentFinancialInstruments2023-03-3104987216ns10:Originalns5:Non-currentFinancialInstruments2022-03-3104987216ns5:ShareCapitalns10:Original2023-03-3104987216ns5:ShareCapitalns10:Original2022-03-3104987216ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-3104987216ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2022-03-3104987216ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3104987216ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3104987216ns10:Originalns5:PlantMachinery2022-04-012023-03-3104987216ns10:Original2021-04-012022-03-3104987216ns10:Originalns5:LandBuildings2022-03-3104987216ns10:Originalns5:PlantMachinery2022-03-3104987216ns10:Original2022-03-3104987216ns10:Originalns5:LandBuildings2022-04-012023-03-3104987216ns10:Originalns5:LandBuildings2023-03-3104987216ns10:Originalns5:PlantMachinery2023-03-3104987216ns10:Originalns5:LandBuildings2022-03-3104987216ns10:Originalns5:PlantMachinery2022-03-3104987216ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104987216ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3104987216ns10:Originalns10:OrdinaryShareClass12023-03-3104987216ns10:Originalns10:OrdinaryShareClass22023-03-3104987216ns10:Original1ns10:Director12022-03-3104987216ns10:Original1ns10:Director12021-03-3104987216ns10:Original1ns10:Director12022-04-012023-03-3104987216ns10:Original1ns10:Director12021-04-012022-03-3104987216ns10:Original1ns10:Director12023-03-3104987216ns10:Original1ns10:Director12022-03-31
REGISTERED NUMBER: 04987216 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

SEVENARK LIMITED

SEVENARK LIMITED (REGISTERED NUMBER: 04987216)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SEVENARK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: A Dhull
Mrs M Dhull
Miss N Dhull
S Dhull





SECRETARY: Mrs M Dhull





REGISTERED OFFICE: Bridge House
High Street
Dartford
Kent
DA1 1DJ





REGISTERED NUMBER: 04987216 (England and Wales)





ACCOUNTANTS: The Carley Partnership
St James's House
8 Overcliffe
Gravesend
Kent
DA11 0HJ

SEVENARK LIMITED (REGISTERED NUMBER: 04987216)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,389,034 3,393,508

CURRENT ASSETS
Debtors 5 899,696 753,669
Cash at bank 76,141 69,909
975,837 823,578
CREDITORS
Amounts falling due within one year 6 426,541 413,097
NET CURRENT ASSETS 549,296 410,481
TOTAL ASSETS LESS CURRENT LIABILITIES 3,938,330 3,803,989

CREDITORS
Amounts falling due after more than one year 7 - (28,161 )

PROVISIONS FOR LIABILITIES (1,896 ) (2,681 )
NET ASSETS 3,936,434 3,773,147

CAPITAL AND RESERVES
Called up share capital 8 250 250
Fair value reserves 688,636 688,636
Retained earnings 3,247,548 3,084,261
SHAREHOLDERS' FUNDS 3,936,434 3,773,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SEVENARK LIMITED (REGISTERED NUMBER: 04987216)

BALANCE SHEET - continued
31 MARCH 2023


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2023 and were signed on its behalf by:





A Dhull - Director


SEVENARK LIMITED (REGISTERED NUMBER: 04987216)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

SevenArk Limited 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.

Turnover
Turnover represents amounts receivable for services net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and plant - 20% on cost

No depreciation is provided in respect of freehold land. Freehold properties are not depreciated as the directors consider that they are maintained in a good state of repair and that residual values are such that their depreciation is not significant. The residual values are reviewed on a regular basis in order to identify any permanent diminution in value which would be transferred to the profit and loss account.

Taxation
Taxation for the year 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 the balance sheet date.

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 year end 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 year was 3 (2022 - 3 ) .

SEVENARK LIMITED (REGISTERED NUMBER: 04987216)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Land and Fixtures
buildings and plant Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 3,377,500 105,927 3,483,427
DEPRECIATION
At 1 April 2022 - 89,919 89,919
Charge for year - 4,474 4,474
At 31 March 2023 - 94,393 94,393
NET BOOK VALUE
At 31 March 2023 3,377,500 11,534 3,389,034
At 31 March 2022 3,377,500 16,008 3,393,508

The investment properties have been measured at fair value which is the open market value of the property. The fair value adjustment has been taken through the profit and loss account.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 40,693 67,119
Other debtors 859,003 686,550
899,696 753,669

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 163 -
Trade creditors 11,944 15,326
Taxation and social security 107,706 171,145
Other creditors 306,728 226,626
426,541 413,097

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors - 28,161

SEVENARK LIMITED (REGISTERED NUMBER: 04987216)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
125 Ordinary A £1 125 125
125 Ordinary B £1 125 125
250 250

All shares rank pari passu with the exception of entitlement to dividends, whereby the company is able to pay different levels of dividends on each different class of share.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
A Dhull and Mrs M Dhull
Balance outstanding at start of year 389,207 221,891
Amounts advanced 151,616 176,156
Amounts repaid (6,329 ) (8,840 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 534,494 389,207