ACCOUNTS - Final Accounts preparation

Cash and cash equivalents

Registered number: 13551228

SEVEN COMMERCIAL PROPERTIES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 28 FEBRUARY 2025

SEVEN COMMERCIAL PROPERTIES LIMITED

REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SEVEN COMMERCIAL PROPERTIES LIMITED
FOR THE PERIOD ENDED 28 FEBRUARY 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SEVEN COMMERCIAL PROPERTIES LIMITED for the period ended 28 February 2025 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the director of SEVEN COMMERCIAL PROPERTIES LIMITED in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of SEVEN COMMERCIAL PROPERTIES LIMITED and state those matters that we have agreed to state to the director of SEVEN COMMERCIAL PROPERTIES LIMITED in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SEVEN COMMERCIAL PROPERTIES LIMITED and its director for our work or for this report.

It is your duty to ensure that SEVEN COMMERCIAL PROPERTIES LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of SEVEN COMMERCIAL PROPERTIES LIMITED. You consider that SEVEN COMMERCIAL PROPERTIES LIMITED is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of SEVEN COMMERCIAL PROPERTIES LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Alder Demain & Akers Ltd

2 Michaels Court

Hanney Road

Southmoor

Oxon

OX13 5HR

5 November 2025

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SEVEN COMMERCIAL PROPERTIES LIMITED

REGISTERED NUMBER: 13551228

BALANCE SHEET

AS AT 28 FEBRUARY 2025

	28 February	31 August
	2025	2023
Note	£	£

Fixed assets
Tangible assets		2,538,311		2,538,311
		2,538,311		2,538,311
Current assets
Stocks	1,020,344		-
Debtors: amounts falling due within one year	59,886		-
Cash at bank and in hand	81,790		147
	1,162,020		147
Creditors: amounts falling due within one year	(1,183,645)		(2,539,143)
Net current liabilities		(21,625)		(2,538,996)
Total assets less current liabilities		2,516,686		(685)

Net assets/(liabilities)		2,516,686		(685)

Capital and reserves
Called up share capital	2,539,222	100
Profit and loss account	(22,536)	(785)
	2,516,686	(685)

The director considers 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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 5 November 2025.

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SEVEN COMMERCIAL PROPERTIES LIMITED

REGISTERED NUMBER: 13551228

BALANCE SHEET (CONTINUED)

AS AT 28 FEBRUARY 2025

Marzouk Al-bader

Director

The notes on pages 4 to 6 form part of these financial statements.

Page 3

SEVEN COMMERCIAL PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2025

1.	General information

Seven Commercial Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 13551228.
The registered office is:
2 Michaels Court Hanney Road, Southmoor, Abingdon, England, OX13 5HR.
The comapny's principal activity is that of construction of domestic and commerical buildings

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

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SEVEN COMMERCIAL PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 1 (2023 - 0).

4.	Tangible fixed assets

		Freehold property
		£
	Cost or valuation
	At 1 September 2023	2,538,311
	At 28 February 2025	2,538,311

	Net book value
	At 28 February 2025	2,538,311
	At 31 August 2023	2,538,311

Debtors

					28 February	31 August
					2025	2023

Page 5

SEVEN COMMERCIAL PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2025

5.Debtors (continued)


Other debtors	59,886	-
	59,886	-

Cash at bank and in hand	81,790	147
	81,790	147

Trade creditors	252,141	-
Other creditors	931,504	2,538,783
Accruals and deferred income	-	360
	1,183,645	2,539,143

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