7 DELTA LTD


Directors	MITCHELL, Karen Elizabeth
	MITCHELL, Peter Lawrence


Registered Address	1 Gemini Court, 42a Throwley Way
	Sutton
	SM1 4AF


Registered Number	13997822 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		1,097		1,463
			1,097		1,463
Current assets
Debtors	5	3,783		7,791
Cash at bank and on hand		8,261		2,181
		12,044		9,972
Creditors amounts falling due within one year	6	(29,477)		(13,979)
Net current assets (liabilities)			(17,433)		(4,007)
Total assets less current liabilities			(16,336)		(2,544)
Provisions for liabilities	7		-		(278)
Net assets			(16,336)		(2,822)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(16,436)		(2,922)
Shareholders' funds			(16,336)		(2,822)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 3 September 2025, and are signed on its behalf by:

MITCHELL, Peter Lawrence
Director
Registered Company No. 13997822

7 DELTA LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	Directors aware of the insolvent position of the company balance sheet and agreed not to withdraw their loan account owed to them until such time as the company returns to a solvent position.

	Current taxation
	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.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Office Equipment	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Deferred tax
	Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 April 24	2,600	2,600
At 31 March 25	2,600	2,600
Depreciation and impairment
At 01 April 24	1,137	1,137
Charge for year	366	366
At 31 March 25	1,503	1,503
Net book value
At 31 March 25	1,097	1,097
At 31 March 24	1,463	1,463

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	3,783	7,791
Total	3,783	7,791

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	119	2,425
Taxation and social security	444	-
Other creditors	28,914	11,554
Total	29,477	13,979

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	-	278
Total	-	278