Company registration number: 09806114
Unaudited financial statements
for the year ended 31 October 2024
for
A7 Conversions Limited
Pages for filing with the Registrar
Company registration number: 09806114
A7 Conversions Limited
Balance sheet
as at 31 October 2024
31 Oct 24 31 Oct 23
Note £ £ £ £
Fixed assets
Tangible assets 4 4,438 5,634
4,438 5,634
Current assets
Stocks 110,878 164,748
Debtors 3,501 (37,975)
Cash at bank and in hand 3,614 7,843
117,993 134,616
Creditors: amounts falling due within one
year
(75,024) (53,550)
Net current assets 42,969 81,066
Total assets less current liabilities 47,407 86,700
Creditors: Amounts falling due after more
than one year
(46,237) (67,940)
NET ASSETS 1,170 18,760
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,070 18,660
TOTAL EQUITY 1,170 18,760
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 09806114
A7 Conversions Limited
Balance sheet - continued
as at 31 October 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr A Severn, Director
29 July 2025
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A7 Conversions Limited
Notes to the financial statements
for the year ended 31 October 2024
1 Company information
A7 Conversions Limited is a private company registered in England and Wales. Its registered number is 09806114. The company is limited by shares. Its registered office is 124 Longfield Lane, Ilkeston, Derbyshire, DE7 4DB.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Motor vehicles - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
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A7 Conversions Limited
Notes to the financial statements - continued
for the year ended 31 October 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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 balance sheet date.
3 Average number of employees
During the year the average number of employees was 2 (2023 - 2).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 November 2023 19,136
At 31 October 2024 19,136
Depreciation
At 1 November 2023 13,502
Charge for year 1,196
At 31 October 2024 14,698
Net book value
At 31 October 2024 4,438
At 31 October 2023 5,634
If Asset Pool had not been revalued, Asset Pool would have been included at the following historical cost:
31 Oct 24 31 Oct 23
£ £
Cost 19,136 19,136
Accumulated depreciation 13,503 13,503
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A7 Conversions Limited
Notes to the financial statements - continued
for the year ended 31 October 2024
5 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the periods ended 31 October 2024 and 31 October 2023.
31 Oct 24 31 Oct 23
£ £
Balance outstanding at start of year 16,374 16,374
Balance outstanding at end of year 16,374 16,374
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