Acorah Software Products - Accounts Production 14.5.601 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 06755832 Mr Emmanuel Fatusin Mr Emmanuel Fatusin true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06755832 2022-11-30 06755832 2023-11-30 06755832 2022-12-01 2023-11-30 06755832 frs-core:PlantMachinery 2022-12-01 2023-11-30 06755832 frs-core:ShareCapital 2023-11-30 06755832 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 06755832 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 06755832 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 06755832 frs-bus:SmallEntities 2022-12-01 2023-11-30 06755832 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 06755832 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 06755832 1 2022-12-01 2023-11-30 06755832 frs-bus:Director1 2022-12-01 2023-11-30 06755832 frs-countries:EnglandWales 2022-12-01 2023-11-30 06755832 2021-11-30 06755832 2022-11-30 06755832 2021-12-01 2022-11-30 06755832 frs-core:ShareCapital 2022-11-30 06755832 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 06755832
N7 Capital Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Zenith Accounting & Business Solutions Ltd
Certified Accountants
DFO Consulting - Churchill House
120 Bunns Lane
Mill Hill
London
NW7 2AS
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 06755832
2023 2022
Notes £ £ £ £
FIXED ASSETS
Creditors: Amounts Falling Due Within One Year (43,193 ) (43,193 )
NET CURRENT ASSETS (LIABILITIES) (43,193 ) (43,193 )
TOTAL ASSETS LESS CURRENT LIABILITIES (43,193 ) (43,193 )
NET LIABILITIES (43,193 ) (43,193 )
CAPITAL AND RESERVES
Called up share capital 4 80 80
Profit and Loss Account (43,273 ) (43,273 )
SHAREHOLDERS' FUNDS (43,193) (43,193)
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Emmanuel Fatusin
Director
12 April 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
N7 Capital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06755832 . The registered office is 22 Stockton Road, London, N18 2BA.
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2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straight Line Method
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2.3. Taxation
Income tax expense represents the sum of the tax currently payable tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively. 
2.4. 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.


3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 80 80
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5. Ultimate Controlling Party
The company's ultimate controlling party is Mr Emmanuel Fatusin by virtue of his ownership of 100% of the issued share capital in the company.


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