Company registration number 12940361 (England and Wales)
SP. BR7 LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024
PAGES FOR FILING WITH REGISTRAR
SP. BR7 LIMITED
BALANCE SHEET
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2024
2023
£
£
£
£
Fixed assets
903,639
903,639
Current assets
734,558
730,377
Prepayments and accrued income
2,726
5,138
Creditors: amounts falling due within one year
(231,590)
(227,740)
Net current assets
505,694
507,775
Total assets less current liabilities
1,409,333
1,411,414
Creditors: amounts falling due after more than one year
(1,457,953)
(1,457,953)
Net liabilities
(48,620)
(46,539)
Capital and reserves
(48,620)
(46,539)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the Period was as follows:
2024
2023
Number
Number
Employees
1
1
2
Going Concern
The accounts have been prepared on a going concern basis which assumes that the entity will continue to trade. The validity of this assumption is dependent upon the support of the director and shareholders, who have indicated that they intend to provide the necessary facilities to enable the entity to continue to trade for the foreseeable future. If the entity was unable to trade, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.
The director has reviewed the current and projected financial position of the company, making reasonable assumptions about future trading. On the basis of this review, and after making due enquiries, the director has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, he is of view to adopt the going concern basis in preparing the report and financial statements
SP. BR7 Limited is a private company limited by shares incorporated in England and Wales. The registered office is 87-89 Baker Street, London, W1U 6RJ.
For the Period ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
SP. BR7 LIMITED
BALANCE SHEET (CONTINUED)
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The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 29 April 2025
Mr Raafat Ahmos Faroun-Amin
Director
Company registration number 12940361 (England and Wales)