1 May 2023 false No description of principal activity Taxfiler 2024.6 10719861business:PrivateLimitedCompanyLtd2023-05-012024-04-30 107198612023-04-30 107198612023-05-012024-04-30 10719861business:AuditExempt-NoAccountantsReport2023-05-012024-04-30 10719861business:FilletedAccounts2023-05-012024-04-30 107198612024-04-30 10719861business:Director12023-05-012024-04-30 10719861business:RegisteredOffice2023-05-012024-04-30 107198612023-04-30 10719861core:WithinOneYear2024-04-30 10719861core:WithinOneYear2023-04-30 10719861core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 10719861core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 10719861core:SharePremiumcore:PreviouslyStatedAmount2024-04-30 10719861core:SharePremiumcore:PreviouslyStatedAmount2023-04-30 10719861core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 10719861core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 10719861core:PreviouslyStatedAmount2024-04-30 10719861core:PreviouslyStatedAmount2023-04-30 10719861business:SmallEntities2023-05-012024-04-30 10719861countries:EnglandWales2023-05-012024-04-30 10719861core:PlantMachinery2023-05-012024-04-30 10719861core:FurnitureFittings2023-05-012024-04-30 10719861core:PlantMachinery2023-04-30 10719861core:FurnitureFittings2023-04-30 10719861core:PlantMachinery2024-04-30 10719861core:FurnitureFittings2024-04-30 107198612022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 10719861 (England and Wales)
SEVENTH STORES LIMITED Unaudited accounts for the year ended 30 April 2024
SEVENTH STORES LIMITED Unaudited accounts Contents
Page
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SEVENTH STORES LIMITED Company Information for the year ended 30 April 2024
Director
Bukola Ojo
Company Number
10719861 (England and Wales)
Registered Office
SUITE 2586 UNIT 3A, 34-35 HATTON GARDEN HOLBORN, LONDON EC1N 8DX ENGLAND
Accountants
Accountingpreneur Limited Second Floor 26 Goodge Street Fitzrovia London W1T 2QG
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SEVENTH STORES LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,240 
1,444 
Current assets
Inventories
50,983 
45,737 
Debtors
52,744 
34,749 
Cash at bank and in hand
89,726 
69,295 
193,453 
149,781 
Creditors: amounts falling due within one year
(354,738)
(281,734)
Net current liabilities
(161,285)
(131,953)
Net liabilities
(159,045)
(130,509)
Capital and reserves
Called up share capital
1 
1 
Share premium
35,726 
35,726 
Profit and loss account
(194,772)
(166,236)
Shareholders' funds
(159,045)
(130,509)
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 18 January 2025 and were signed on its behalf by
Bukola Ojo Director Company Registration No. 10719861
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SEVENTH STORES LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
SEVENTH STORES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10719861. The registered office is SUITE 2586 UNIT 3A, 34-35 HATTON GARDEN, HOLBORN,, LONDON, EC1N 8DX, 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:
Plant & machinery
3 Years
Fixtures & fittings
3 Years
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
3,312 
3,005 
6,317 
Additions
1,904 
- 
1,904 
At 30 April 2024
5,216 
3,005 
8,221 
Depreciation
At 1 May 2023
1,868 
3,005 
4,873 
Charge for the year
1,108 
- 
1,108 
At 30 April 2024
2,976 
3,005 
5,981 
Net book value
At 30 April 2024
2,240 
- 
2,240 
At 30 April 2023
1,444 
- 
1,444 
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SEVENTH STORES LIMITED Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,602 
8,987 
Accrued income and prepayments
3,496 
10,800 
Other debtors
17,646 
14,962 
52,744 
34,749 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
30,694 
VAT
90,475 
26,869 
Trade creditors
49,735 
54,902 
Taxes and social security
13,668 
22,228 
Other creditors
- 
1,896 
Loans from directors
200,860 
145,145 
354,738 
281,734 
7
Average number of employees
During the year the average number of employees was 6 (2023: 7).
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