IRIS Accounts Production v25.1.3.33 12352931 Board of Directors 1.10.23 30.9.24 30.9.24 21.5.25 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123529312023-09-30123529312024-09-30123529312023-10-012024-09-30123529312022-09-30123529312022-10-012023-09-30123529312023-09-3012352931ns15:EnglandWales2023-10-012024-09-3012352931ns14:PoundSterling2023-10-012024-09-3012352931ns10:Director12023-10-012024-09-3012352931ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3012352931ns10:SmallEntities2023-10-012024-09-3012352931ns10:Audited2023-10-012024-09-3012352931ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3012352931ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3012352931ns10:FullAccounts2023-10-012024-09-3012352931ns10:EntityHasNeverTraded2023-10-012024-09-3012352931ns10:Director22023-10-012024-09-3012352931ns10:Director32023-10-012024-09-3012352931ns10:RegisteredOffice2023-10-012024-09-3012352931ns5:CurrentFinancialInstruments2024-09-3012352931ns5:CurrentFinancialInstruments2023-09-3012352931ns5:ShareCapital2024-09-3012352931ns5:ShareCapital2023-09-3012352931ns5:RetainedEarningsAccumulatedLosses2024-09-3012352931ns5:RetainedEarningsAccumulatedLosses2023-09-3012352931ns5:LandBuildings2023-09-3012352931ns5:PlantMachinery2023-09-3012352931ns5:LandBuildings2023-10-012024-09-3012352931ns5:PlantMachinery2023-10-012024-09-3012352931ns5:LandBuildings2024-09-3012352931ns5:PlantMachinery2024-09-3012352931ns5:LandBuildings2023-09-3012352931ns5:PlantMachinery2023-09-3012352931ns5:CostValuation2023-09-3012352931ns5:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-09-3012352931ns5:CostValuation2024-09-3012352931ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3012352931ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 12352931 (England and Wales)



















Financial Statements

for the Year Ended 30 September 2024

for

SEVEN LIVING LIMITED

SEVEN LIVING LIMITED (REGISTERED NUMBER: 12352931)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


SEVEN LIVING LIMITED

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Damien Anthony Siviter
Balbinder Singh Sohal
Charlotte Joanne Thursfield





REGISTERED OFFICE: 97 Park Lane
Mayfair
London
W1K 7TG





REGISTERED NUMBER: 12352931 (England and Wales)





AUDITORS: Brindleys Limited
Statutory Auditors
2 Wheeleys Road
Edgbaston
Birmingham
West Midlands
B15 2LD

SEVEN LIVING LIMITED (REGISTERED NUMBER: 12352931)

Statement of Financial Position
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 21,619 42,576
Investments 6 - 1
21,619 42,577

CURRENT ASSETS
Debtors 7 836,781 650,929
Cash at bank and in hand 124,607 15,880
961,388 666,809
CREDITORS
Amounts falling due within one year 8 1,623,909 1,423,263
NET CURRENT LIABILITIES (662,521 ) (756,454 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(640,902

)

(713,877

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (641,002 ) (713,977 )
(640,902 ) (713,877 )

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 Profit and Loss Account and Other Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by:





Balbinder Singh Sohal - Director


SEVEN LIVING LIMITED (REGISTERED NUMBER: 12352931)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Seven Living 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account and Other Comprehensive Income, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SEVEN LIVING LIMITED (REGISTERED NUMBER: 12352931)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Going concern
The financial statements have been prepared on going concern basis despite the loss before tax this period of £118,284 (2023 £33,262). As at 30 September 2024 the company had net liabilities of £640,902 (2023 £713,877). The company is reliant on the support of the parent company to enable it to continue in operational existence for the foreseeable future. The directors consider it appropriate to prepare the financial statements on a going concern basis due to the eventual profit expected to be realised in future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 16 ) .

4. AUDITORS' REMUNERATION
2024 2023
£    £   
Fees payable to the company's auditors for the audit of the company's
financial statements

3,000

3,750
Total audit fees 3,000 3,750

The auditors were also paid £1,792 for the non-audit services.

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 39,190 48,823 88,013
DEPRECIATION
At 1 October 2023 18,005 27,432 45,437
Charge for year 7,061 13,896 20,957
At 30 September 2024 25,066 41,328 66,394
NET BOOK VALUE
At 30 September 2024 14,124 7,495 21,619
At 30 September 2023 21,185 21,391 42,576

SEVEN LIVING LIMITED (REGISTERED NUMBER: 12352931)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023 1
Impairments (1 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 1

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 71,095 152,957
Other debtors 765,686 497,972
836,781 650,929

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 37,653 77,254
Amounts owed to group undertakings 865,720 805,205
Taxation and social security 87,184 70,218
Other creditors 633,352 470,586
1,623,909 1,423,263

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Sajjad Sumar FCA (Senior Statutory Auditor)
for and on behalf of Brindleys Limited

10. RELATED PARTY DISCLOSURES

At the period end, the company had an outstanding amount of £80,576 (2023 - £80,576) to an associated company, Seven Capital (Broadway Residence) Ltd, which is registered in England.

At the period end, the company had an outstanding amount of £4,698 (2023 : £4,698) to an associated company, Seven Capital (Madison) Ltd, which is registered in England.

At the period end, the company had an outstanding amount of £780,445 (2023: £719,931) to its parent company, Seven Capital Plc, which is registered in England.

SEVEN LIVING LIMITED (REGISTERED NUMBER: 12352931)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Seven Capital Plc.

The consolidated group accounts can be found at the registered office of the parent company Seven Capital Plc at 97 Park Lane, Mayfair, London W1K 7TG.