Registration number: 03833507

24 Seven Interiors Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

24 Seven Interiors Limited

Company Information

Director

Luke Worsley Clifton

Company secretary

Hayley Clifton

Registered office

Unit 31 Park Farm Ermine Street Buntingford Hertfordshire SG9 9AZ

Accountants

Mansell & Co Chartered Certified Accountants5 Ducketts Wharf South Street Bishop's Stortford Hertfordshire CM23 3AR

24 Seven Interiors Limited

(Registration number: 03833507)
Balance Sheet as at 5 April 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	102,370	86,285
Current assets
Debtors	5	275,887	398,036
Cash at bank and in hand		82,962	60,589
		358,849	458,625
Creditors: Amounts falling due within one year	6	(149,255)	(136,082)
Net current assets		209,594	322,543
Net assets		311,964	408,828
Capital and reserves
Called up share capital	7	2	2
Retained earnings		311,962	408,826
Shareholders' funds		311,964	408,828

For the financial year ending 5 April 2025 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 October 2025
 

......................................... Luke Worsley Clifton Director

24 Seven Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 31 Park Farm
Ermine Street
Buntingford
Hertfordshire
SG9 9AZ

These financial statements were authorised for issue by the director on 15 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

24 Seven Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	Nil
Equipment	25% reducing balance
Motor vehicles	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

24 Seven Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2024 - 5).

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £
Cost or valuation
At 6 April 2024	82,262	5,732	8,841	24,979
Additions	12,800	-	-	773
At 5 April 2025	95,062	5,732	8,841	25,752
Depreciation
At 6 April 2024	-	5,373	7,981	22,535
Charge for the year	-	89	215	844
At 5 April 2025	-	5,462	8,196	23,379
Carrying amount
At 5 April 2025	95,062	270	645	2,373
At 5 April 2024	82,262	359	860	2,444

24 Seven Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

	Motor vehicles  £	Total £
Cost or valuation
At 6 April 2024	15,376	137,190
Additions	5,000	18,573
At 5 April 2025	20,376	155,763
Depreciation
At 6 April 2024	15,016	50,905
Charge for the year	1,340	2,488
At 5 April 2025	16,356	53,393
Carrying amount
At 5 April 2025	4,020	102,370
At 5 April 2024	360	86,285

Included within the net book value of land and buildings above is £95,062 (2024 - £82,262) in respect of freehold land and buildings.
 

5

Debtors

Current	2025 £	2024 £
Trade debtors	43,500	2,401
Other debtors	232,387	395,635
	275,887	398,036

24 Seven Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	83,937	56,183
Taxation and social security	61,557	55,015
Accruals and deferred income	3,500	23,500
Other creditors	261	1,384
	149,255	136,082

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2