REGISTERED NUMBER: 04987216 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SEVENARK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Dhull

Mrs M Dhull

Miss N Dhull

S Dhull

SECRETARY:

Mrs M Dhull

REGISTERED OFFICE:

Bridge House

High Street

Dartford

Kent

DA1 1DJ

REGISTERED NUMBER:

04987216 (England and Wales)

ACCOUNTANTS:

Carleys

Second Floor South

The Fitted Rigging House

The Historic Dockyard

Chatham

Kent

ME4 4TZ

FIXED ASSETS

Tangible assets

4

3,380,268

3,384,650

CURRENT ASSETS

Debtors

5

1,111,890

812,122

Cash at bank

38,390

107,000

1,150,280

919,122

CREDITORS

Amounts falling due within one year

6

(358,099

)

(361,288

)

NET CURRENT ASSETS

792,181

557,834

TOTAL ASSETS LESS CURRENT LIABILITIES

4,172,449

3,942,484

PROVISIONS FOR LIABILITIES

(1,495

)

(1,896

)

NET ASSETS

4,170,954

3,940,588

CAPITAL AND RESERVES

Called up share capital

7

250

250

Fair value reserves

688,636

688,636

Retained earnings

3,482,068

3,251,702

SHAREHOLDERS' FUNDS

4,170,954

3,940,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

A Dhull - Director

1.	STATUTORY INFORMATION

SevenArk 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 represents amounts receivable for services net of VAT.

Tangible fixed assets

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

Fixtures and plant

-

20% on cost

No depreciation is provided in respect of freehold land. Freehold properties are not depreciated as the directors consider that they are maintained in a good state of repair and that residual values are such that their depreciation is not significant. The residual values are reviewed on a regular basis in order to identify any permanent diminution in value which would be transferred to the profit and loss account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Land and

Fixtures

buildings

and plant

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

3,377,500

105,927

3,483,427

DEPRECIATION

At 1 April 2024

-

98,777

98,777

Charge for year

-

4,382

4,382

At 31 March 2025

-

103,159

103,159

NET BOOK VALUE

At 31 March 2025

3,377,500

2,768

3,380,268

At 31 March 2024

3,377,500

7,150

3,384,650

The investment properties have been measured at fair value which is the open market value of the property. The fair value adjustment has been taken through the profit and loss account.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

(3,000

)

9,699

Other debtors

1,114,890

802,423

1,111,890

812,122

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

9,638

4,984

Taxation and social security

155,316

92,252

Other creditors

193,145

264,052

358,099

361,288

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

125

Ordinary A

£1

125

125

125

Ordinary B

£1

125

125

250

250

All shares rank pari passu with the exception of entitlement to dividends, whereby the company is able to pay different levels of dividends on each different class of share.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

A Dhull

Balance outstanding at start of year

398,949

513,808

Amounts advanced

40,946

14,241

Amounts repaid

(17,000

)

(129,100

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

422,895

398,949

Mrs M Dhull

Balance outstanding at start of year

61,654

20,686

Amounts advanced

183,066

78,032

Amounts repaid

-

(37,064

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

244,720

61,654

Miss N Dhull

Balance outstanding at start of year

17,470

14,406

Amounts advanced

9,016

8,064

Amounts repaid

-

(5,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

26,486

17,470

Interest has been charged on these loan at the beneficial interest loan rate. The total interest charged for the year was £15,288 (last year £14,241).