IRIS Accounts Production v25.1.3.33 09447999 Board of Directors 1.10.23 30.9.24 30.9.24 21.5.25 0 0 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094479992023-09-30094479992024-09-30094479992023-10-012024-09-30094479992022-09-30094479992022-10-012023-09-30094479992023-09-3009447999ns15:EnglandWales2023-10-012024-09-3009447999ns14:PoundSterling2023-10-012024-09-3009447999ns10:Director12023-10-012024-09-3009447999ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3009447999ns10:SmallEntities2023-10-012024-09-3009447999ns10:Audited2023-10-012024-09-3009447999ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3009447999ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3009447999ns10:FullAccounts2023-10-012024-09-3009447999ns10:OrdinaryShareClass12023-10-012024-09-3009447999ns10:Director22023-10-012024-09-3009447999ns10:RegisteredOffice2023-10-012024-09-3009447999ns5:CurrentFinancialInstruments2024-09-3009447999ns5:CurrentFinancialInstruments2023-09-3009447999ns5:ShareCapital2024-09-3009447999ns5:ShareCapital2023-09-3009447999ns5:RetainedEarningsAccumulatedLosses2024-09-3009447999ns5:RetainedEarningsAccumulatedLosses2023-09-3009447999ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3009447999ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3009447999ns10:OrdinaryShareClass12024-09-3009447999ns5:RetainedEarningsAccumulatedLosses2023-09-3009447999ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-30
REGISTERED NUMBER: 09447999 (England and Wales)



















Financial Statements

for the Year Ended 30 September 2024

for

SEVEN CAPITAL (FABRIC SQUARE) LTD

SEVEN CAPITAL (FABRIC SQUARE) LTD (REGISTERED NUMBER: 09447999)






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 CAPITAL (FABRIC SQUARE) LTD

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Damien Anthony Siviter
Balbinder Singh Sohal





REGISTERED OFFICE: 97 Park Lane
Mayfair
London
London
W1K 7TG





REGISTERED NUMBER: 09447999 (England and Wales)





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

SEVEN CAPITAL (FABRIC SQUARE) LTD (REGISTERED NUMBER: 09447999)

Statement of Financial Position
30 September 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 49,126 48,776
Cash at bank and in hand 1,129 5,383
50,255 54,159
CREDITORS
Amounts falling due within one year 6 16,100 17,210
NET CURRENT ASSETS 34,155 36,949
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,155

36,949

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 34,154 36,948
SHAREHOLDERS' FUNDS 34,155 36,949

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 CAPITAL (FABRIC SQUARE) LTD (REGISTERED NUMBER: 09447999)

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

1. STATUTORY INFORMATION

Seven Capital (Fabric Square) Ltd 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.

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

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.

SEVEN CAPITAL (FABRIC SQUARE) LTD (REGISTERED NUMBER: 09447999)

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

2. ACCOUNTING POLICIES - continued

Basic financial instruments
Trade and Other Debtors/Creditors

Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Subsequent to initial recognition, they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of instrument for a similar debt instrument.

Interest bearing borrowings classified as basic financial instruments

Interest-bearing borrowings are recognised initially at the present value of future payments discounted at a market rate of interest. Subsequent to initial recognition, interest-bearing borrowings are stated at amortised cost using the effective interest method, less any impairment losses.

Cash and cash equivalents

Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand and form an integral part of the company's cash management are included as a component of cash and cash equivalents for the purpose only of the cash flow statement.

3. EMPLOYEES AND DIRECTORS

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

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

1,000

1,750

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 48,776 48,776
VAT 350 -
49,126 48,776

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 14,100 12,000
VAT - 1,960
Accrued expenses 2,000 3,250
16,100 17,210

SEVEN CAPITAL (FABRIC SQUARE) LTD (REGISTERED NUMBER: 09447999)

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

7. CALLED UP SHARE CAPITAL

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

Each share has one voting right and right to receive dividends and distributions.

8. RESERVES
Retained
earnings
£   

At 1 October 2023 36,948
Deficit for the year (2,794 )
At 30 September 2024 34,154

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

The Report of the Auditors was unqualified.

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

10. CONTINGENT LIABILITIES

The directors are aware of cladding remedial work that is required to the development project completed.
The cost of these remedial works has not yet been quantified.

11. RELATED PARTY DISCLOSURES

During the year, the company was charged management fees of £Nil (2023 : £40,000) by its parent company, Seven Capital Plc, which is registered in England.

At the year end, the company had an outstanding amount of £40,000 (2023: £40,000) due from an associated company, Seven Capital (Bridgewater House) Ltd, which is registered in England.

At the year end, the company had an outstanding amount of £8,776 (2023: £8,776) due from an associated company, Seven Capital (Broadway) Ltd, which is registered in England.

12. 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.