7PK C.I.C.

Company Registration Number:
13176102 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

7PK C.I.C.

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

7PK C.I.C.

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 861 715
Total fixed assets: 861 715
Current assets
Debtors: 4 51,377 24,118
Cash at bank and in hand: 4,768 6,908
Total current assets: 56,145 31,026
Creditors: amounts falling due within one year: 5 ( 6,996 ) ( 75 )
Net current assets (liabilities): 49,149 30,951
Total assets less current liabilities: 50,010 31,666
Provision for liabilities: ( 5,500 ) ( 2,000 )
Accruals and deferred income: ( 1,800 ) ( 1,000 )
Total net assets (liabilities): 42,710 28,666
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 42,709 28,665
Total Shareholders' funds: 42,710 28,666

The notes form part of these financial statements

7PK C.I.C.

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 November 2024
and signed on behalf of the board by:

Name: Louis Howell
Status: Director

The notes form part of these financial statements

7PK C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets are depreciated using the following basis - 3 years straight line

7PK C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

7PK C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 1,309 1,309
Additions 873 873
Disposals
Revaluations
Transfers
At 28 February 2024 2,182 2,182
Depreciation
At 1 March 2023 594 594
Charge for year 727 727
On disposals
Other adjustments
At 28 February 2024 1,321 1,321
Net book value
At 28 February 2024 861 861
At 28 February 2023 715 715

7PK C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Debtors

2024 2023
£ £
Trade debtors 51,377 18,550
Other debtors 5,568
Total 51,377 24,118

7PK C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 6,996 75
Total 6,996 75

COMMUNITY INTEREST ANNUAL REPORT

7PK C.I.C.

Company Number: 13176102 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

The company continued to be active during the financial year ended 2024 with repeat engagements which helped to solidify the brand and provide stability in income. New opportunities within the community were fruitful in providing educational, coaching and training services and opportunities for young people.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £8,400. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 November 2024

And signed on behalf of the board by:
Name: Louis Howell
Status: Director