1 May 2023 false No description of principal activity Taxfiler 2024.6 14041508business:PrivateLimitedCompanyLtd2023-05-012024-04-30 140415082023-04-30 140415082023-05-012024-04-30 14041508business:AuditExempt-NoAccountantsReport2023-05-012024-04-30 14041508business:FilletedAccounts2023-05-012024-04-30 140415082024-04-30 14041508business:Director12023-05-012024-04-30 14041508business:RegisteredOffice2023-05-012024-04-30 140415082023-04-30 14041508core:WithinOneYear2024-04-30 14041508core:WithinOneYear2023-04-30 14041508core:AfterOneYear2024-04-30 14041508core:AfterOneYear2023-04-30 14041508core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 14041508core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 14041508core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 14041508core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 14041508core:PreviouslyStatedAmount2024-04-30 14041508core:PreviouslyStatedAmount2023-04-30 14041508business:SmallEntities2023-05-012024-04-30 14041508countries:EnglandWales2023-05-012024-04-30 14041508core:FurnitureFittings2023-05-012024-04-30 14041508core:LandBuildings2023-04-30 14041508core:FurnitureFittings2023-04-30 14041508core:LandBuildings2023-05-012024-04-30 14041508core:LandBuildings2024-04-30 14041508core:FurnitureFittings2024-04-30 140415082022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 14041508 (England and Wales)
Sevenfold Properties Ltd Unaudited accounts for the year ended 30 April 2024
Sevenfold Properties Ltd Unaudited accounts Contents
Page
- 2 -
Sevenfold Properties Ltd Company Information for the year ended 30 April 2024
Director
Tim Stedeford
Company Number
14041508 (England and Wales)
Registered Office
136 HIGH STREET ILFRACOMBE EX34 9EZ ENGLAND
Accountants
RLJB Business Consulting Limited 14 Winchester Road Andover Hampshire SP10 2EG
- 3 -
Sevenfold Properties Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
197,830 
85,000 
Current assets
Debtors
20 
9,020 
Cash at bank and in hand
4,163 
- 
4,183 
9,020 
Creditors: amounts falling due within one year
(245,266)
(26,548)
Net current liabilities
(241,083)
(17,528)
Total assets less current liabilities
(43,253)
67,472 
Creditors: amounts falling due after more than one year
(1,394)
(63,730)
Net (liabilities)/assets
(44,647)
3,742 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
(44,667)
3,722 
Shareholders' funds
(44,647)
3,742 
For the year ending 30 April 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.
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 21 November 2024 and were signed on its behalf by
Tim Stedeford Director Company Registration No. 14041508
- 4 -
Sevenfold Properties Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Sevenfold Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14041508. The registered office is 136 HIGH STREET, ILFRACOMBE, EX34 9EZ, 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:
Fixtures & fittings
10 years
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
85,000 
- 
85,000 
Additions
108,498 
4,332 
112,830 
At 30 April 2024
193,498 
4,332 
197,830 
Depreciation
At 30 April 2024
- 
- 
- 
Net book value
At 30 April 2024
193,498 
4,332 
197,830 
At 30 April 2023
85,000 
- 
85,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
9,000 
Other debtors
20 
20 
20 
9,020 
- 5 -
Sevenfold Properties Ltd Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
213,234 
- 
Taxes and social security
720 
- 
Other creditors
31,312 
26,548 
245,266 
26,548 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,394 
63,730 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -