Company Registration No. 04320493 (England and Wales)
7 CREATIVE LIMITED
Unaudited accounts
for the year ended 31 March 2025
7 CREATIVE LIMITED
Unaudited accounts
Contents
7 CREATIVE LIMITED
Company Information
for the year ended 31 March 2025
Secretary
Caroline Jane Bottrell
Company Number
04320493 (England and Wales)
Registered Office
114 Preston Drove
Brighton
East Sussex
BN1 6GP
Accountants
Richard Matthew Accountancy Ltd
Milner
Cowfold Road
Coolham
West Sussex
RH13 8QJ
7 CREATIVE LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
12,957
17,276
Cash at bank and in hand
45,333
64,162
Creditors: amounts falling due within one year
(2,045)
(26,903)
Net current assets
43,288
37,259
Total assets less current liabilities
56,245
54,535
Provisions for liabilities
Deferred tax
(2,591)
(3,476)
Called up share capital
102
102
Profit and loss account
53,552
50,957
Shareholders' funds
53,654
51,059
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 December 2025 and were signed on its behalf by
Simon Bottrell
Director
Company Registration No. 04320493
7 CREATIVE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
7 CREATIVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04320493. The registered office is 114 Preston Drove, Brighton, East Sussex, BN1 6GP.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets - Goodwill
Goodwill is the difference between the amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 5 years.
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Intangible fixed assets
Goodwill
7 CREATIVE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
26,432
1,498
30,401
58,331
At 31 March 2025
26,432
1,498
30,401
58,331
At 1 April 2024
15,281
1,498
24,276
41,055
Charge for the year
2,788
-
1,531
4,319
At 31 March 2025
18,069
1,498
25,807
45,374
At 31 March 2025
8,363
-
4,594
12,957
At 31 March 2024
11,151
-
6,125
17,276
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Creditors: amounts falling due within one year
2025
2024
Loans from directors
1,565
26,423
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Average number of employees
During the year the average number of employees was 1 (2024: 1).