1 January 2024 v2025.59.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsexbrli:purexbrli:sharesiso4217:GBP123533932024-01-012024-12-31123533932024-12-3112353393bus:Director12024-01-012024-12-3112353393bus:RegisteredOffice2024-01-012024-12-31123533932023-01-012023-12-311235339372024-01-012024-12-311235339372023-01-012023-12-3112353393core:WithinOneYear2024-12-3112353393core:WithinOneYear2023-12-31123533932023-12-3112353393core:SharePremium2024-12-3112353393core:SharePremium2023-12-3112353393core:OtherReservesSubtotal2024-12-3112353393core:OtherReservesSubtotal2023-12-3112353393core:RetainedEarningsAccumulatedLosses2024-12-3112353393core:RetainedEarningsAccumulatedLosses2023-12-3112353393core:SharePremium2023-01-0112353393core:OtherReservesSubtotal2023-01-0112353393core:RetainedEarningsAccumulatedLosses2023-01-01123533932023-01-0112353393core:OtherReservesSubtotal52023-01-012023-12-3112353393core:OtherReservesSubtotal2023-01-012023-12-3112353393core:RetainedEarningsAccumulatedLosses2023-01-012023-12-3112353393core:SharePremium2024-01-0112353393core:OtherReservesSubtotal2024-01-0112353393core:RetainedEarningsAccumulatedLosses2024-01-01123533932024-01-0112353393core:OtherReservesSubtotal52024-01-012024-12-3112353393core:OtherReservesSubtotal2024-01-012024-12-3112353393core:RetainedEarningsAccumulatedLosses2024-01-012024-12-311235339312024-01-012024-12-3112353393countries:EnglandWales2024-01-012024-12-3112353393bus:AuditExemptWithAccountantsReport2024-01-012024-12-3112353393bus:PrivateLimitedCompanyLtd2024-01-012024-12-3112353393bus:SmallEntities2024-01-012024-12-3112353393bus:FullAccounts2024-01-012024-12-31
Company registration number:
12353393
Sev81 Ltd.
Unaudited Financial Statements for the year ended
31 December 2024
Sev81 Ltd.
Officers and Professional Advisers
Year ended
31 December 2024
Director
Mr S Georgiev
Registered office
28 Hulse Avenue
Barking
IG11 9UW
England
Accountant
Infoaccounting100 Ltd
9 LYDDEN ROAD
LONDON
SW18 4LT
United Kingdom
Sev81 Ltd.
Director's Report
Year ended
31 December 2024
The director presents the report and the unaudited
financial statements
of the company for the year ended 31 December 2024.

Directors

The director who served the company during the year was as follows:
Mr S Georgiev

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
10 September 2025
and signed on behalf of the board by:
Mr S Georgiev
Director
Sev81 Ltd.
Report to the board of directors on the preparation of the unaudited statutory financial statements of Sev81 Ltd.
Year ended
31 December 2024
As described on the statement of financial position, the Board of Directors of
Sev81 Ltd.
are responsible for the preparation of the
financial statements
for the year ended
31 December 2024
, which comprise the income statement, statement of total comprehensive income, statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Infoaccounting100 Ltd
9 LYDDEN ROAD
LONDON
SW18 4LT
United Kingdom
Date:
10 September 2025
Sev81 Ltd.
Income Statement
Year ended
31 December 2024
20242023
££
Turnover
277,342
 
260,955
 
Cost of sales
(2,632
 ) (8,005 )
Gross profit
274,710
 
252,950
 
Distribution costs
(263,233
 ) -  
Administrative expenses
(36,274
 )
(233,573
 )
Operating (loss)/profit
(24,797
 )
19,377
 
(Loss)/profit before tax
(24,797
 )
19,377
 
Tax on (loss)/profit -  
(3,663
 )
(Loss)/profit for the financial year
(24,797
 )
15,714
 
Sev81 Ltd.
Statement of Total Comprehensive Income
Year ended
31 December 2024
20242023
££
(Loss)/profit for the financial year
(24,797
 )
15,714
 
Reclassification from other reserves to profit and loss account
(17,282
 )
(15,614
 )
Total comprehensive income
(42,079
 )
100
 
Sev81 Ltd.
Statement of Financial Position
31 December 2024
20242023
Note££
Current assets    
Debtors 5
12,405
  -  
Creditors: amounts falling due within one year 6
(46,893
 )
7,591
 
Net current (liabilities)/assets
(34,488
 )
7,591
 
Total assets less current liabilities (34,488 ) 7,591  
Capital and reserves    
Share premium
(400
 )
(400
 )
Other reserves
(58,408
 )
(41,126
 )
Profit and loss account
24,320
 
49,117
 
Shareholders (deficit)/funds
(34,488
 )
7,591
 
For the year ending
31 December 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 financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
10 September 2025
, and are signed on behalf of the board by:
Mr S Georgiev
Director
Company registration number:
12353393
Sev81 Ltd.
Statement of Changes in Equity
Year ended
31 December 2024
Share premium accountOther reservesProfit and loss accountTotal
££££
At 1 January 2023
(400
 )
(25,512
 )
33,403
 
7,491
 
Profit for the year- - 15,714 15,714 
Other comprehensive income for the year:        
Reclassification from other reserves to profit and loss account- 
(15,614
)- 
(15,614
)
Total comprehensive income for the year- 
(15,614
)
15,714
 
100
 
At 31 December 2023 and 
1 January 2024
(400
)
(41,126
)
49,117
 
7,591
 
Loss for the year- - (24,797)(24,797)
Other comprehensive income for the year:        
Reclassification from other reserves to profit and loss account- 
(17,282
)- 
(17,282
)
Total comprehensive income for the year- 
(17,282
)
(24,797
)
(42,079
)
At
31 December 2024
(400
)
(58,408
)
24,320
 
(34,488
)
Sev81 Ltd.
Notes to the Financial Statements
Year ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
28 Hulse Avenue
,
Barking
,
IG11 9UW
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

4 Average number of employees

The average number of persons employed by the company during the year was
5
(2023: nil).

5 Debtors

20242023
££
Other debtors
12,405
  -  

6 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
48,523
 
(5,961
 )
Other creditors
(1,630
 )
(1,630
 )
46,893
 
(7,591
 )