7T7 Building Limited 10754454 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is building and general maintenance. Digita Accounts Production Advanced 6.30.9574.0 true true 10754454 2023-06-01 2024-05-31 10754454 2024-05-31 10754454 bus:Director1 1 2024-05-31 10754454 core:CurrentFinancialInstruments 2024-05-31 10754454 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 10754454 core:PlantMachinery 2024-05-31 10754454 bus:SmallEntities 2023-06-01 2024-05-31 10754454 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 10754454 bus:FilletedAccounts 2023-06-01 2024-05-31 10754454 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10754454 bus:RegisteredOffice 2023-06-01 2024-05-31 10754454 bus:Director1 2023-06-01 2024-05-31 10754454 bus:Director1 1 2023-06-01 2024-05-31 10754454 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10754454 core:PlantMachinery 2023-06-01 2024-05-31 10754454 countries:EnglandWales 2023-06-01 2024-05-31 10754454 2023-05-31 10754454 bus:Director1 1 2023-05-31 10754454 core:PlantMachinery 2023-05-31 10754454 2022-06-01 2023-05-31 10754454 2023-05-31 10754454 core:CurrentFinancialInstruments 2023-05-31 10754454 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 10754454 core:PlantMachinery 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 10754454

7T7 Building Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

7T7 Building Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

7T7 Building Limited

(Registration number: 10754454)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

6,288

6,987

Current assets

 

Debtors

5

6,292

-

Cash at bank and in hand

 

4,154

1,053

 

10,446

1,053

Creditors: Amounts falling due within one year

6

(15,701)

(7,120)

Net current liabilities

 

(5,255)

(6,067)

Net assets

 

1,033

920

Capital and reserves

 

Called up share capital

1

1

Retained earnings

1,032

919

Shareholders' funds

 

1,033

920

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 August 2025
 

.........................................
Mr A Richards
Director

 

7T7 Building Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
31 Herd Street
Marlborough
Wiltshire
SN8 1DG

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

7T7 Building Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

7T7 Building Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 June 2023

7,449

7,449

At 31 May 2024

7,449

7,449

Depreciation

At 1 June 2023

462

462

Charge for the year

699

699

At 31 May 2024

1,161

1,161

Carrying amount

At 31 May 2024

6,288

6,288

At 31 May 2023

6,987

6,987

5

Debtors

Current

2024
£

2023
£

Other debtors

6,292

-

 

6,292

-

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

14,501

6,570

Other creditors

1,200

550

15,701

7,120

 

7T7 Building Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

7

Related party transactions

Transactions with the director

2024

At 1 June 2023
£

Advances to director
£

At 31 May 2024
£

Mr A Richards

Loan to director

-

6,290

6,290