7268 LTD


Directors	ADAMS, David James
	SEARLE, Krystyna Grace


Registered Address	7268 Ltd C/O Business Waste Artemis House
	Eboracum Way
	York
	YO31 7RE


Registered Number	12761037 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		26,225		-
Investments	4		1,386,295		806,605
			1,412,520		806,605
Current assets
Debtors	5,6	435,158		17,874
Cash at bank and on hand		11,734		4,844
		446,892		22,718
Creditors amounts falling due within one year	7	(572,938)		(102,587)
Net current assets (liabilities)			(126,046)		(79,869)
Total assets less current liabilities			1,286,474		726,736
Net assets			1,286,474		726,736
Capital and reserves
Called up share capital			100		100
Profit and loss account			1,286,374		726,636
Shareholders' funds	8		1,286,474		726,736

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 30 September 2025, and are signed on its behalf by:

ADAMS, David James
Director
Registered Company No. 12761037

7268 LTD

Notes to the Financial Statements
for the year ended 31 December 2024

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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	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
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	5

	Investments
	Investments in associates and joint ventures are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
Additions	27,605	27,605
At 31 December 24	27,605	27,605
Depreciation and impairment
Charge for year	1,380	1,380
At 31 December 24	1,380	1,380
Net book value
At 31 December 24	26,225	26,225
At 31 December 23	-	-

4.	Fixed asset investments
	During the year, the company carried out a share for share exchange with Oak by Design Holdings Ltd, a joint venture. This resulted in a fair value adjustment of £436,360.

	Investments in groups¹	Other investments²	Total
	£	£	£
Cost or valuation
At 01 January 24	587,880	218,725	806,605
Additions	220	143,110	143,330
Revaluations	436,360	-	436,360
At 31 December 24	1,024,460	361,835	1,386,295
Net book value
At 31 December 24	1,024,460	361,835	1,386,295
At 31 December 23	587,880	218,725	806,605

	Notes
	¹Investments in group undertakings and participating interests ²Other investments other than loans

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Amounts owed by associates and joint ventures / participating interests	419,049	17,774
Other debtors	12,999	100
Total	432,048	17,874


	Included in amounts due from group undertakings is a loan to Oak by Design Holdings Ltd. The loan is secured against the assets of the group.

6.	Debtors: amounts due after one year

	2024	2023
	£	£
Deferred tax asset, debtors	3,110	-
Total	3,110	-

7.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	2,254	-
Amounts owed to related parties	570,684	100,508
Other creditors	-	2,079
Total	572,938	102,587


	Amounts owed to group undertakings are unsecured and repayable on demand.

8.	Fair value reserve
	Included within retained earnings are unrealised profits of £896,785 (2023 - £460,425) which relate to fair value gains made on investments in joint ventures. As these gains are unrealised, they are not permitted to be distributed to shareholders.

9.	Related party transactions
	The amounts due to related parties at the reporting end date was £570,684 (2023: £100,508). The amounts due from related parties at the reporting end date was £419,049 (2023: £17,774).