Company Registration Number 12168359 (England and Wales)
STEP OUT 7 LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
STEP OUT 7 LIMITED
COMPANY INFORMATION
Directors
M F Welch
H Manufor
(Appointed 29 December 2023)
Company number
12168359
Registered office
45 Carlton Street
Manchester
M16 7QU
Accountants
JS. Accountants & Business Advisors Limited
James House
Stonecross Business Park
Yew Tree Way
Warrington
Cheshire
WA3 3JD
Business address
45 Carlton Street
Manchester
M16 7QU
Bankers
HSBC Bank PLC (Carlisle)
PO Box 5
29 English Street
Carlisle
Cumbria
CA3 8JW
STEP OUT 7 LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3 - 4
Detailed trading and profit and loss account
STEP OUT 7 LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF STEP OUT 7 LIMITED FOR THE YEAR ENDED 31 AUGUST 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Step Out 7 Limited for the year ended 31 August 2024, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Step Out 7 Limited, as a body, in accordance with the terms of our engagement letter dated 11 March 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Step Out 7 Limited and state those matters that we have agreed to state to the board of directors of Step Out 7 Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Step Out 7 Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Step Out 7 Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Step Out 7 Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Step Out 7 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

JS. Accountants & Business Advisors Limited
Chartered Accountants
James House
Stonecross Business Park
Yew Tree Way
Warrington
Cheshire
WA3 3JD
14 May 2025
STEP OUT 7 LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2024
- 2 -
2024
2023
£
£
Turnover
14,117
10,882
Cost of raw materials and consumables
-
(55)
Depreciation and other amounts written off assets
(266)
(161)
Other charges
(12,893)
(9,021)
Tax
(288)
(261)
Profit
670
1,384
STEP OUT 7 LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2024
31 August 2024
- 3 -
2024
2023
£
£
£
£
Fixed assets
517
254
Current assets
3,218
2,328
Prepayments and accrued income
213
-
0
Creditors: amounts falling due within one year
(2,417)
(1,721)
Net current assets
1,014
607
Total assets less current liabilities
1,531
861
Net assets
1,531
861
Capital and reserves
1,531
861
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
-
0
-
0
2
Off balance sheet arrangements

The company has not entered into any off balance sheet arrangements.

Step Out 7 Limited is a private company limited by shares incorporated in England and Wales. The registered office is 45 Carlton Street, Manchester, M16 7QU.

For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year 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 the provisions applicable to companies subject to the small companies regime.

STEP OUT 7 LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2024
31 August 2024
- 4 -
The financial statements were approved by the board of directors and authorised for issue on 14 May 2025 and are signed on its behalf by:
M F Welch
Director
Company registration number 12168359 (England and Wales)
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