REGISTERED NUMBER: 10356350 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

Seven Partnership Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S P Braithwaite

C J Maddison

REGISTERED OFFICE:

78 Cowcross Street

London

EC1M 6EJ

REGISTERED NUMBER:

10356350 (England and Wales)

ACCOUNTANTS:

Lane Monnington Welton

Chartered Accountants

Riverside View

Basing Road

Old Basing

Basingstoke

Hampshire

RG24 7AL

FIXED ASSETS

Intangible assets

4

625,779

695,310

Tangible assets

5

3,372

16,688

Investments

6

2,400

2,400

631,551

714,398

CURRENT ASSETS

Debtors

7

1,858,101

1,194,318

Cash at bank

1,000,535

647,949

2,858,636

1,842,267

CREDITORS

Amounts falling due within one year

8

2,981,161

2,133,302

NET CURRENT LIABILITIES

(122,525

)

(291,035

)

TOTAL ASSETS LESS CURRENT LIABILITIES

509,026

423,363

CREDITORS

Amounts falling due after more than one year

9

(258,083

)

(169,091

)

PROVISIONS FOR LIABILITIES

12

(843

)

(4,172

)

NET ASSETS

250,100

250,100

CAPITAL AND RESERVES

Called up share capital

13

100

100

Retained earnings

250,000

250,000

SHAREHOLDERS' FUNDS

250,100

250,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2025 and were signed on its behalf by:

S P Braithwaite - Director

C J Maddison - Director

1.	STATUTORY INFORMATION

Seven Partnership Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

50% on cost

Fixtures and fittings

-

33% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Debtors and creditors payable/receivable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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, adjusted for indexation where applicable.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 46 (2024 - 39 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

695,310

AMORTISATION

Amortisation for year

69,531

At 30 September 2025

69,531

NET BOOK VALUE

At 30 September 2025

625,779

At 30 September 2024

695,310

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2024

6,199

16,733

36,656

20,699

80,287

Disposals

(6,199

)

-

(36,656

)

-

(42,855

)

At 30 September 2025

-

16,733

-

20,699

37,432

DEPRECIATION

At 1 October 2024

6,199

11,700

25,058

20,642

63,599

Charge for year

-

1,661

-

57

1,718

Eliminated on disposal

(6,199

)

-

(25,058

)

-

(31,257

)

At 30 September 2025

-

13,361

-

20,699

34,060

NET BOOK VALUE

At 30 September 2025

-

3,372

-

-

3,372

At 30 September 2024

-

5,033

11,598

57

16,688

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2024

and 30 September 2025

2,400

NET BOOK VALUE

At 30 September 2025

2,400

At 30 September 2024

2,400

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

1,768,445

1,094,861

Other debtors

89,656

99,457

1,858,101

1,194,318

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

90,091

43,636

Hire purchase contracts (see note 10)

-

13,721

Trade creditors

323,800

400,776

Amounts owed to group undertakings

-

162,560

Taxation and social security

896,549

529,168

Other creditors

1,670,721

983,441

2,981,161

2,133,302

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

188,083

29,091

Other creditors

70,000

140,000

258,083

169,091

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.9.25

30.9.24

£

£

Net obligations repayable:

Within one year

-

13,721

Non-cancellable

operating leases

30.9.25

30.9.24

£

£

Within one year

138,540

102,846

Between one and five years

92,854

11,390

231,394

114,236

11.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£

Bank loan

249,083

-

The bank loan is secured against a fixed and floating charge over all assets owned by the company.

12.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

£

£

Deferred tax

843

4,172

Deferred

tax

£

Balance at 1 October 2024

4,172

Accelerated capital allowances

(3,329

)

Balance at 30 September 2025

843

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

95

Ordinary

£1

95

95

5

Ordinary A

£1

5

5

100

100

14.	ULTIMATE CONTROLLING PARTY

Seven Universal Limited, a company registered in England and Wales, is the immediate and ultimate parent company.