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Company Registration No. 11329179 (England and Wales)
Seven Oceans LTD Unaudited accounts for the year ended 31 March 2023
Seven Oceans LTD Unaudited accounts Contents
Page
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Seven Oceans LTD Company Information for the year ended 31 March 2023
Director
Huzefa Aliakbar Saify
Company Number
11329179 (England and Wales)
Registered Office
79 COLLEGE ROAD HARROW LONDON HA1 1BD ENGLAND
Accountants
Uppal & Co Accoutants (UK) Ltd 2 Copse Close Slough SL1 5DT
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Seven Oceans LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
37,844 
48,699 
Current assets
Debtors
376,662 
13,923 
Cash at bank and in hand
613,578 
952,467 
990,240 
966,390 
Creditors: amounts falling due within one year
(18,006)
(82,500)
Net current assets
972,234 
883,890 
Total assets less current liabilities
1,010,078 
932,589 
Creditors: amounts falling due after more than one year
(239,025)
(245,380)
Net assets
771,053 
687,209 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
771,052 
687,208 
Shareholders' funds
771,053 
687,209 
For the year ending 31 March 2023 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 1 December 2023 and were signed on its behalf by
Huzefa Aliakbar Saify Director Company Registration No. 11329179
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Seven Oceans LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Seven Oceans LTD is a private company, limited by shares, registered in England and Wales, registration number 11329179. The registered office is 79 COLLEGE ROAD, HARROW, LONDON, HA1 1BD, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
20%
Computer equipment
20%
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2022
63,190 
Additions
2,229 
At 31 March 2023
65,419 
Depreciation
At 1 April 2022
14,491 
Charge for the year
13,084 
At 31 March 2023
27,575 
Net book value
At 31 March 2023
37,844 
At 31 March 2022
48,699 
5
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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