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Company Registration No. 11329179 (England and Wales)
Seven Oceans LTD Unaudited accounts for the year ended 31 March 2024
Seven Oceans LTD Unaudited accounts Contents
Page
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Seven Oceans LTD Company Information for the year ended 31 March 2024
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 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,234 
37,844 
Current assets
Debtors
889,830 
376,662 
Cash at bank and in hand
217,732 
613,578 
1,107,562 
990,240 
Creditors: amounts falling due within one year
(18,474)
(43,216)
Net current assets
1,089,088 
947,024 
Total assets less current liabilities
1,115,322 
984,868 
Creditors: amounts falling due after more than one year
(232,093)
(239,025)
Net assets
883,229 
745,843 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
883,228 
745,842 
Shareholders' funds
883,229 
745,843 
For the year ending 31 March 2024 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 23 August 2024 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 2024
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 2023
65,419 
Additions
1,842 
At 31 March 2024
67,261 
Depreciation
At 1 April 2023
27,575 
Charge for the year
13,452 
At 31 March 2024
41,027 
Net book value
At 31 March 2024
26,234 
At 31 March 2023
37,844 
5
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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