Super 7 Wholesale Limited 07904468 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is Wholesale of food, beverages and tobacco Digita Accounts Production Advanced 6.30.9574.0 true true 07904468 2024-04-01 2025-03-31 07904468 2025-03-31 07904468 core:RetainedEarningsAccumulatedLosses 2025-03-31 07904468 core:ShareCapital 2025-03-31 07904468 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 07904468 core:PatentsTrademarksLicencesConcessionsSimilar 2025-03-31 07904468 core:FurnitureFittingsToolsEquipment 2025-03-31 07904468 bus:SmallEntities 2024-04-01 2025-03-31 07904468 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07904468 bus:FilletedAccounts 2024-04-01 2025-03-31 07904468 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07904468 bus:RegisteredOffice 2024-04-01 2025-03-31 07904468 bus:Director1 2024-04-01 2025-03-31 07904468 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07904468 core:ComputerEquipment 2024-04-01 2025-03-31 07904468 core:FurnitureFittings 2024-04-01 2025-03-31 07904468 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 07904468 countries:AllCountries 2024-04-01 2025-03-31 07904468 2024-03-31 07904468 core:PatentsTrademarksLicencesConcessionsSimilar 2024-03-31 07904468 core:FurnitureFittingsToolsEquipment 2024-03-31 07904468 2023-04-01 2024-03-31 07904468 2024-03-31 07904468 core:RetainedEarningsAccumulatedLosses 2024-03-31 07904468 core:ShareCapital 2024-03-31 07904468 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07904468 core:FurnitureFittingsToolsEquipment 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 07904468

Super 7 Wholesale Limited
Filleted Unaudited Financial Statements
for the Year Ended 31 March 2025

Super 7 Wholesale Limited

(Registration number: 07904468)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 1,641 | 2,418
Current assets |  |  |
Stocks | 6 | 591,242 | 421,243
Debtors | 7 | 241,883 | 338,765
Cash at bank and in hand |  | 330,039 | 464,461
|  | 1,163,164 | 1,224,469
Creditors: Amounts falling due within one year | 8 | (1,270,173) | (1,214,935)
Net current (liabilities)/assets |  | (107,009) | 9,534
Net (liabilities)/assets |  | (105,368) | 11,952
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Profit and loss account |  | (106,368) | 10,952
Total equity |  | (105,368) | 11,952

For the financial 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.

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.

Super 7 Wholesale Limited

(Registration number: 07904468)
Balance Sheet as at 31 March 2025

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 6 February 2026

......................................... Mr P R Caplan Director

Super 7 Wholesale Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

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

The address of its registered office is:
2nd Floor - Parkgates
Bury New Road
Prestwich
M25 0TL
England

These financial statements were authorised for issue by the director on 6 February 2026.

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.

Going concern

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 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.

Super 7 Wholesale Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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
Furniture & Fittings | between 20% and 50% straightline basis depending on the asset.
Computer equipment | 33% straight line basis.

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.

Super 7 Wholesale Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

Super 7 Wholesale Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 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 11 (2024 - 7).

Super 7 Wholesale Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Intangible assets

| Trademarks, patents and licenses £ | Total £
Cost or valuation
At 1 April 2024 | 16,755 | 16,755
At 31 March 2025 | 16,755 | 16,755
Amortisation
At 1 April 2024 | 16,755 | 16,755
At 31 March 2025 | 16,755 | 16,755
Carrying amount
At 31 March 2025 | - | -

5 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 April 2024 | 7,979 | 7,979
Additions | 1,525 | 1,525
At 31 March 2025 | 9,504 | 9,504
Depreciation
At 1 April 2024 | 5,561 | 5,561
Charge for the year | 2,302 | 2,302
At 31 March 2025 | 7,863 | 7,863
Carrying amount
At 31 March 2025 | 1,641 | 1,641
At 31 March 2024 | 2,418 | 2,418

Super 7 Wholesale Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 591,242 | 421,243

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 166,103 | 127,881
Other debtors | 75,780 | 210,884
| 241,883 | 338,765

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 89,445 | 131,855
Taxation and social security | 10,276 | 28,188
Accruals and deferred income | - | 4,571
Other creditors | 1,170,452 | 1,050,321
| 1,270,173 | 1,214,935