| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 28 February 2025 |
| for |
| GROUP 7 PROPERTIES LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 28 February 2025 |
| for |
| GROUP 7 PROPERTIES LIMITED |
| GROUP 7 PROPERTIES LIMITED (REGISTERED NUMBER: 04751994) |
| Contents of the Financial Statements |
| for the Year Ended 28 February 2025 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| GROUP 7 PROPERTIES LIMITED |
| Company Information |
| for the Year Ended 28 February 2025 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 2 Wheeleys Road |
| Edgbaston |
| Birmingham |
| West Midlands |
| B15 2LD |
| GROUP 7 PROPERTIES LIMITED (REGISTERED NUMBER: 04751994) |
| Statement of Financial Position |
| 28 February 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 9 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 12 |
| Retained earnings | 13 |
| SHAREHOLDERS' FUNDS |
| 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. |
| GROUP 7 PROPERTIES LIMITED (REGISTERED NUMBER: 04751994) |
| Statement of Financial Position - continued |
| 28 February 2025 |
| The financial statements were approved by the director and authorised for issue on |
| GROUP 7 PROPERTIES LIMITED (REGISTERED NUMBER: 04751994) |
| Notes to the Financial Statements |
| for the Year Ended 28 February 2025 |
| 1. | STATUTORY INFORMATION |
| Group 7 Properties Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| 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 (2024 - NIL). |
| GROUP 7 PROPERTIES LIMITED (REGISTERED NUMBER: 04751994) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and |
| fittings |
| £ |
| COST |
| At 1 March 2024 |
| and 28 February 2025 |
| DEPRECIATION |
| At 1 March 2024 |
| Charge for year |
| At 28 February 2025 |
| NET BOOK VALUE |
| At 28 February 2025 |
| At 29 February 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group | Unlisted |
| undertakings | investments | Totals |
| £ | £ | £ |
| COST |
| At 1 March 2024 |
| and 28 February 2025 | 1,125,058 |
| NET BOOK VALUE |
| At 28 February 2025 | 1,125,058 |
| At 29 February 2024 | 1,125,058 |
| The company's investments at the Statement of Financial Position date in the share capital of companies include the following: |
| Registered office: United Kingdom |
| Nature of business: |
| % |
| Class of shares: | holding |
| GROUP 7 PROPERTIES LIMITED (REGISTERED NUMBER: 04751994) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2025 |
| 5. | FIXED ASSET INVESTMENTS - continued |
| Seven Capital (Pineham) Ltd |
| Nature of Business: Property Development |
| In the YE 28.02.2017, the company purchased 14 Ordinary B shares of Seven Capital (Pineham) Ltd, a company incorporated in England and Wales, company number 09795008. |
| Seven Capital (Ridley) Ltd |
| Nature of Business: Property Development |
| In the YE 28.02.2017, the company purchased 15 Ordinary B shares of Seven Capital (Ridley) Ltd, a company incorporated in England and Wales, company number 09304816. |
| Seven Capital (Granville) Ltd |
| Nature of Business: Property Development |
| In the YE 28.02.2017, the company purchased 15 Ordinary B shares of Seven Capital (Granville) Ltd, a company incorporated in England and Wales, company number 09304824. |
| Seven Capital (Regency Place) Ltd |
| Nature of Business: Property Development |
| In the YE 28.02.2017, the company purchased 14 Ordinary B shares of Seven Capital (Regency Place) Ltd, a company incorporated in England and Wales, company number 09795031. |
| Seven Capital Investments Limited |
| Nature of Business: Management of real estate |
| In the YE 28.02.2016, the company purchased 10 Ordinary shares of Seven Capital Investments Limited, a company incorporated in England and Wales, company number 09095128. |
| Godwin Capital Partners Limited |
| Nature of Business: Property Development |
| In the YE 28.02.2014, the company purchased 30 Ordinary B shares of Godwin Capital Partners Limited, a company incorporated in England and Wales, company number 7885396. |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 March 2024 |
| and 28 February 2025 |
| NET BOOK VALUE |
| At 28 February 2025 |
| At 29 February 2024 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| Deferred tax asset |
| Prepayments |
| GROUP 7 PROPERTIES LIMITED (REGISTERED NUMBER: 04751994) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2025 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts (see note 10) |
| Trade creditors |
| Amounts owed to group undertakings |
| Corporation tax |
| Other creditors |
| Directors' current accounts | 32,939 | 32,939 |
| Accrued expenses |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans (see note 10) |
| Other loans (see note 10) |
| 10. | LOANS |
| An analysis of the maturity of loans is given below: |
| 2025 | 2024 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank loans |
| Amounts falling due between one and two years: |
| Bank loans - 1-2 years |
| Amounts falling due between two and five years: |
| Bank loans - 2-5 years |
| Other loans - 2-5 years |
| 11. | DEFERRED TAX |
| £ |
| Balance at 1 March 2024 | ( |
) |
| Provided during year |
| Balance at 28 February 2025 | ( |
) |
| GROUP 7 PROPERTIES LIMITED (REGISTERED NUMBER: 04751994) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2025 |
| 12. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | £1 | 1,000 | 1,000 |
| 13. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 March 2024 |
| Profit for the year |
| At 28 February 2025 |
| 14. | RELATED PARTY DISCLOSURES |
| At the period end, the company owed £48,354 (2024: £48,354) to its subsidiary company, Huntcourt Ltd which is registered in England and Wales under company number 02874551. |
| 15. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is Mr Balbinder Sohal. |