Company Registration No. 07486424 (England and Wales)
SEVEN SIX CAPITAL LTD
Unaudited accounts
for the year ended 28 November 2023
SEVEN SIX CAPITAL LTD
Unaudited accounts
Contents
SEVEN SIX CAPITAL LTD
Company Information
for the year ended 28 November 2023
Company Number
07486424 (England and Wales)
Registered Office
232 HOE STREET
LONDON
E17 3AY
ENGLAND
Accountants
Gm Professional Accountants
14 Clements Court
Clements Lane
Ilford
Essex
IG1 2QY
SEVEN SIX CAPITAL LTD
Statement of financial position
as at 28 November 2023
Inventories
1,701,356
1,213,278
Cash at bank and in hand
16,847
7,439
Creditors: amounts falling due within one year
(1,711,048)
(1,319,054)
Net current assets
250,511
25,959
Total assets less current liabilities
250,511
25,959
Creditors: amounts falling due after more than one year
(532,086)
(294,101)
Net liabilities
(281,575)
(268,142)
Called up share capital
1
1
Profit and loss account
(281,576)
(268,143)
Shareholders' funds
(281,575)
(268,142)
For the year ending 28 November 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.
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 28 August 2024 and were signed on its behalf by
Adnan KARIM
Director
Company Registration No. 07486424
SEVEN SIX CAPITAL LTD
Notes to the Accounts
for the year ended 28 November 2023
SEVEN SIX CAPITAL LTD is a private company, limited by shares, registered in England and Wales, registration number 07486424. The registered office is 232 HOE STREET, LONDON, E17 3AY, 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.
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.
Amounts falling due within one year
Other debtors
243,356
124,296
5
Creditors: amounts falling due within one year
2023
2022
Other creditors
1,511,577
1,206,166
Loans from directors
197,023
110,440
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
532,086
248,996
SEVEN SIX CAPITAL LTD
Notes to the Accounts
for the year ended 28 November 2023
7
Transactions with related parties
The company owes a director £197,024 (2022: £110,440). This loan is interest free and payable on demand.
The company owes £521,347 (2022: £429,846) to a company with a director in common. This loan is interest free and payable on demand.
The company is owed £23,943 (2022: £37,499) from a company with a director in common. This loan is interest free and repayable on demand.
The company is owed £136,794 (2022: £123,350) to a company with a director in common. This loan is interest free and payable on demand.
The company owes £246,500 (2022: £246,500 debtor) to companies which had a director in common at the beginning of the year, The loans are interest free and payable on demand.
The ultimate controlling party is Waltham Estates Group Limited.
The company is a wholly owned subsidiary of Waltham Estates Group Limited, whose Registered Office is the same as the Company's Registered Office.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).