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
SEVENTH STORES LIMITED
Company Information
for the year ended 30 April 2024
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
SEVENTH STORES LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
2,240
1,444
Cash at bank and in hand
89,726
69,295
Creditors: amounts falling due within one year
(354,738)
(281,734)
Net current liabilities
(161,285)
(131,953)
Net liabilities
(159,045)
(130,509)
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
SEVENTH STORES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
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
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
At 30 April 2024
5,216
3,005
8,221
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
At 30 April 2024
2,240
-
2,240
At 30 April 2023
1,444
-
1,444
SEVENTH STORES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
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
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
30,694
Trade creditors
49,735
54,902
Taxes and social security
13,668
22,228
Loans from directors
200,860
145,145
7
Average number of employees
During the year the average number of employees was 6 (2023: 7).