ACCOUNTS - Final Accounts preparation

Company registration number: 12602852

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	SEVEN ACRES FIC LIMITED


SEVEN ACRES FIC LIMITED

COMPANY INFORMATION

Directors	C Bowden
	V E Bowden


Registered number	12602852


Registered office	Seven Acres
	Horsell Common
	Woking
	Surrey
	GU21 4XY


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


SEVEN ACRES FIC LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 4


SEVEN ACRES FIC LIMITED REGISTERED NUMBER:12602852

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments	4		2,022,275		-
			2,022,275		-
Current assets
Debtors: amounts falling due within one year	5	401		401
Current asset investments	6	100,000		-
Cash at bank and in hand		797,527		149,548
		897,928		149,949
Creditors: amounts falling due within one year	7	(2,754,014)		-
Net current (liabilities)/assets			(1,856,086)		149,949
Total assets less current liabilities			166,189		149,949

Net assets			166,189		149,949

Capital and reserves
Called up share capital	401	401
Profit and loss account	165,788	149,548
	166,189	149,949

Page 1


SEVEN ACRES FIC LIMITED REGISTERED NUMBER:12602852

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 September 2025.

................................................

C Bowden

Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2


SEVEN ACRES FIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Seven Acres FIC Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.3

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and otehr debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	Additions	2,022,275
	At 31 December 2024	2,022,275

Page 3


SEVEN ACRES FIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Called up share capital not paid	401	401
	401	401

6.	Current asset investments
		2024	2023
		£	£

Listed investments	100,000	-
	100,000	-

7.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Other creditors	2,754,014	-
	2,754,014	-

8.	Related party transactions
	At the year end a director was owed £2,754,000. No interest has been applied on this balance.

Page 4