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REGISTERED NUMBER: 11093577 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

SEVEN CAPITAL (LYNDON HOUSE) LIMITED

SEVEN CAPITAL (LYNDON HOUSE) LIMITED (REGISTERED NUMBER: 11093577)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SEVEN CAPITAL (LYNDON HOUSE) LIMITED

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Balbinder Singh Sohal





REGISTERED OFFICE: 97 Park Lane
Mayfair
London
W1K 7TG





REGISTERED NUMBER: 11093577 (England and Wales)





ACCOUNTANTS: Brindleys Limited
2 Wheeleys Road
Edgbaston
Birmingham
West Midlands
B15 2LD

SEVEN CAPITAL (LYNDON HOUSE) LIMITED (REGISTERED NUMBER: 11093577)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 13,758 16,186
Investment property 5 7,707,646 7,707,646
7,721,404 7,723,832

CURRENT ASSETS
Debtors 6 1,195,833 956,389
Cash at bank and in hand 16,246 2,770
1,212,079 959,159
CREDITORS
Amounts falling due within one year 7 7,454,889 6,954,712
NET CURRENT LIABILITIES (6,242,810 ) (5,995,553 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,478,594

1,728,279

CREDITORS
Amounts falling due after more than one year 8 3,545,861 3,601,314
NET LIABILITIES (2,067,267 ) (1,873,035 )

CAPITAL AND RESERVES
Called up share capital 11 1 1
Retained earnings 12 (2,067,268 ) (1,873,036 )
SHAREHOLDERS' FUNDS (2,067,267 ) (1,873,035 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SEVEN CAPITAL (LYNDON HOUSE) LIMITED (REGISTERED NUMBER: 11093577)

Statement of Financial Position - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2025 and were signed by:





Balbinder Singh Sohal - Director


SEVEN CAPITAL (LYNDON HOUSE) LIMITED (REGISTERED NUMBER: 11093577)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Seven Capital (Lyndon House) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

SEVEN CAPITAL (LYNDON HOUSE) LIMITED (REGISTERED NUMBER: 11093577)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024
and 31 December 2024 33,664
DEPRECIATION
At 1 January 2024 17,478
Charge for year 2,428
At 31 December 2024 19,906
NET BOOK VALUE
At 31 December 2024 13,758
At 31 December 2023 16,186

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 7,707,646
NET BOOK VALUE
At 31 December 2024 7,707,646
At 31 December 2023 7,707,646

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 416,195 247,827
Other debtors 3,357 3,357
VAT 19,369 18,536
Deferred tax asset 693,609 629,674
Prepayments 63,303 56,995
1,195,833 956,389

SEVEN CAPITAL (LYNDON HOUSE) LIMITED (REGISTERED NUMBER: 11093577)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 79,778 92,429
Trade creditors 125,315 217,527
Other creditors 7,180,808 6,640,506
Accrued expenses 68,988 4,250
7,454,889 6,954,712

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 9) 3,545,861 3,601,314

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,226,750 3,231,597

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 79,778 92,429

Amounts falling due between one and two years:
Bank loans - 1-2 years 79,778 92,429

Amounts falling due between two and five years:
Bank loans - 2-5 years 239,333 277,288

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,226,750 3,231,597

SEVEN CAPITAL (LYNDON HOUSE) LIMITED (REGISTERED NUMBER: 11093577)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

10. DEFERRED TAX
£   
Balance at 1 January 2024 (629,674 )
Provided during year (63,935 )
Balance at 31 December 2024 (693,609 )

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

12. RESERVES
Retained
earnings
£   

At 1 January 2024 (1,873,036 )
Deficit for the year (194,232 )
At 31 December 2024 (2,067,268 )