0 13 December 2024 false false false false false false false false false false true false false false false true false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP NI617848 2023-10-01 2024-09-30 NI617848 2024-09-30 NI617848 2023-09-30 NI617848 2022-10-01 2023-09-30 NI617848 2023-09-30 NI617848 2022-09-30 NI617848 bus:Director1 2023-10-01 2024-09-30 NI617848 core:WithinOneYear 2024-09-30 NI617848 core:WithinOneYear 2023-09-30 NI617848 core:ShareCapital 2024-09-30 NI617848 core:ShareCapital 2023-09-30 NI617848 core:RetainedEarningsAccumulatedLosses 2024-09-30 NI617848 core:RetainedEarningsAccumulatedLosses 2023-09-30 NI617848 core:CostValuation core:Non-currentFinancialInstruments 2024-09-30 NI617848 core:Non-currentFinancialInstruments core:ProvisionsForImpairmentInvestments 2024-09-30 NI617848 core:Non-currentFinancialInstruments 2024-09-30 NI617848 core:Non-currentFinancialInstruments 2023-09-30 NI617848 bus:SmallEntities 2023-10-01 2024-09-30 NI617848 bus:Audited 2023-10-01 2024-09-30 NI617848 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 NI617848 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 NI617848 bus:AbridgedAccounts 2023-10-01 2024-09-30
COMPANY REGISTRATION NUMBER: NI617848

Ducales Trading No.7 Limited

Filleted Abridged Financial Statements

30 September 2024

Ducales Trading No.7 Limited

Abridged Statement of Financial Position

30 September 2024

| 2024 | 2023
Note | £ | £

Fixed assets

Unlisted investments | 4 | 320,071 | 320,071

Creditors: amounts falling due within one year | ( 604,257) | ( 604,257)
| --------- | ---------
Net current liabilities | ( 604,257) | ( 604,257)
| --------- | ---------
Net liabilities | ( 284,186) | ( 284,186)
| --------- | ---------

Capital and reserves

Called up share capital | 2 | 2
Profit and loss account | ( 284,188) | ( 284,188)
| --------- | ---------
Shareholders' deficit | ( 284,186) | ( 284,186)
| --------- | ---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of abridged financial statements for the year ending 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the board of directors and authorised for issue on 13 December 2024 , and are signed on behalf of the board by:

T J Jennings CBE |
Director |

Company registration number: NI617848

Ducales Trading No.7 Limited

Accounting Policies

Year ended 30 September 2024
Basis of preparation
The abridged financial statements have been prepared on the going concern basis under the historical cost convention. The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
These abridged financial statements have been prepared on a going concern basis as the company has received assurances from its parent undertaking that it will continue to provide financial support to the company for a period of at least 12 months from the date these abridged financial statements were signed.
Provisions
Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the balance sheet and the amount of the provision as an expense.
Cash flow statement
The company is a wholly owned subsidiary company of a group headed by Ducales Capital Limited, and is included in the consolidated financial statements of that company, which are publicly available. Consequently, the company has taken advantage of the exemption within FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' from preparing a cash flow statement.
Investments
Fixed asset investments are stated at their purchase cost less any provision for impairment.

Ducales Trading No.7 Limited

Notes to the Abridged Financial Statements

Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 16 Talbot Street, Saint Anne's Square, Belfast, BT1 2NF.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
3. Employee numbers
The company has no employees other than the directors.
4. Unlisted investments

| £
Cost |
At 1 October 2023 and 30 September 2024 | 640,143
| ---------
Impairment |
At 1 October 2023 and 30 September 2024 | 320,072
| ---------
Carrying amount |
At 30 September 2024 | 320,071
| ---------
At 30 September 2023 | 320,071
| ---------

5. Summary audit opinion
The auditor's report dated 13 December 2024 was unqualified .
The senior statutory auditor was Michael Flannigan , for and on behalf of FEB Chartered Accountants .
6. Related party transactions
Advantage has been taken of the exemption not to disclose transactions with entities that are part of the group, provided that any subsidiary involved is wholly owned.
7. Controlling party
The company's immediate and ultimate holding company is Ducales Capital Limited, a company incorporated in Northern Ireland. Group financial statements for this company are available to the public from Companies House, Second Floor, The Linenhall, 32-38 Linenhall Street, Belfast, BT2 8BG. The ultimate controlling parties are the shareholders of Ducales Capital Limited.