29 November 2022 false No description of principal activity Taxfiler 2024.5 07486424business:PrivateLimitedCompanyLtd2022-11-292023-11-28 074864242022-11-28 074864242022-11-292023-11-28 07486424business:AuditExemptWithAccountantsReport2022-11-292023-11-28 07486424business:FilletedAccounts2022-11-292023-11-28 074864242023-11-28 07486424business:Director12022-11-292023-11-28 07486424business:RegisteredOffice2022-11-292023-11-28 074864242022-11-28 07486424core:WithinOneYear2023-11-28 07486424core:WithinOneYear2022-11-28 07486424core:AfterOneYear2023-11-28 07486424core:AfterOneYear2022-11-28 07486424core:ShareCapitalcore:PreviouslyStatedAmount2023-11-28 07486424core:ShareCapitalcore:PreviouslyStatedAmount2022-11-28 07486424core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-28 07486424core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-28 07486424core:PreviouslyStatedAmount2023-11-28 07486424core:PreviouslyStatedAmount2022-11-28 07486424business:SmallEntities2022-11-292023-11-28 07486424countries:EnglandWales2022-11-292023-11-28 074864242021-12-012022-11-28 iso4217:GBP xbrli:pure
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
Page
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SEVEN SIX CAPITAL LTD Company Information for the year ended 28 November 2023
Director
Adnan KARIM
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
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SEVEN SIX CAPITAL LTD Statement of financial position as at 28 November 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
1,701,356 
1,213,278 
Debtors
243,356 
124,296 
Cash at bank and in hand
16,847 
7,439 
1,961,559 
1,345,013 
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)
Capital and reserves
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
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SEVEN SIX CAPITAL LTD Notes to the Accounts for the year ended 28 November 2023
1
Statutory information
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.
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.
4
Debtors
2023 
2022 
£ 
£ 
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 
Accruals
2,448 
2,448 
1,711,048 
1,319,054 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
532,086 
248,996 
Other creditors
- 
45,105 
532,086 
294,101 
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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.
8
Controlling party
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).
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