REGISTERED NUMBER: 07709176 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

24SEVEN COMPANIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Cole

S G Surridge

REGISTERED OFFICE:

Unit 2 and 2a Hall Farm

Little Waldren

Saffron Walden

Essex

CB10 1XA

REGISTERED NUMBER:

07709176 (England and Wales)

ACCOUNTANTS:

Gowers Limited

The Old School House

Bridge Road

Hunton Bridge

Kings Langley

Hertfordshire

WD4 8SZ

FIXED ASSETS

Tangible assets

4

159,242

69,649

CURRENT ASSETS

Debtors

5

375,895

340,452

Cash at bank and in hand

71,469

94,462

447,364

434,914

CREDITORS

Amounts falling due within one year

6

(298,229

)

(411,728

)

NET CURRENT ASSETS

149,135

23,186

TOTAL ASSETS LESS CURRENT LIABILITIES

308,377

92,835

CREDITORS

Amounts falling due after more than one year

7

(110,376

)

(49,529

)

NET ASSETS

198,001

43,306

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

197,995

43,300

198,001

43,306

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th September 2025 and were signed on its behalf by:

S G Surridge - Director

1.	STATUTORY INFORMATION

24Seven Companies Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

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

Company has revised the useful life of Plant and machinery and Motor vehicles from four years to seven years.

Computer equipment - 25% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed assets

All fixed assets are initially recorded at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st January 2024

14,883

148,185

39,350

202,418

Additions

10,400

117,915

8,190

136,505

Disposals

-

(41,180

)

-

(41,180

)

At 31st December 2024

25,283

224,920

47,540

297,743

DEPRECIATION

At 1st January 2024

11,920

81,749

39,100

132,769

Charge for year

2,967

31,793

2,297

37,057

Eliminated on disposal

-

(31,325

)

-

(31,325

)

At 31st December 2024

14,887

82,217

41,397

138,501

NET BOOK VALUE

At 31st December 2024

10,396

142,703

6,143

159,242

At 31st December 2023

2,963

66,436

250

69,649

Assets held under hire purchase contracts are secured on the assets concerned.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

358,872

327,707

Other debtors

17,023

12,745

375,895

340,452

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

4,848

10,303

Hire purchase contracts

40,846

22,440

Trade creditors

61,644

78,724

Taxation and social security

141,305

109,068

Other creditors

49,586

191,193

298,229

411,728

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

87,731

22,067

Other creditors

22,645

27,462

110,376

49,529

2024

2023

£

£

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

-

5,101

8.

SECURITY

Loans and advances owed to National Westminster Bank Plc and Rbs Invoices Finance Limited are secured with debentures dated 22 November 2021 and 20 December 2013. The nature of the security is a fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, uncalled capital, buildings, fixtures, fixed plant and machinery.