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Company No: 12932932 (England and Wales)

# 7 OF D LIMITED

### Unaudited Financial Statements
For the financial year ended 28 February 2025
Pages for filing with the registrar

7 OF D LIMITED

## Unaudited Financial Statements

For the financial year ended 28 February 2025

Contents

7 OF D LIMITED

## COMPANY INFORMATION

For the financial year ended 28 February 2025
7 OF D LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 28 February 2025

DIRECTORS | V Bozzetto
| A S Flecchia
| C J Grosset
| A Moufarek
| S Z Skorchev

REGISTERED OFFICE | Stonecross
| Trumpington High Street
| Cambridge
| CB2 9SU
| United Kingdom

COMPANY NUMBER | 12932932 (England and Wales)

ACCOUNTANT | S&W Partners (East) LLP
| Stonecross
| Trumpington High Street
| Cambridge
| CB2 9SU

7 OF D LIMITED

## BALANCE SHEET

As at 28 February 2025
7 OF D LIMITED

## BALANCE SHEET (continued)

As at 28 February 2025

| Note | 28.02.2025 |  | 29.02.2024
|  | £ |  | £
Fixed assets |  |  |  |
Intangible assets | 3 | 117,407 |  | 43,287
Tangible assets | 4 | 7,151 |  | 5,518
|  | 124,558 |  | 48,805
Current assets |  |  |  |
Debtors | 5 | 46,508 |  | 14,115
Cash at bank and in hand |  | 142,846 |  | 19,316
|  | 189,354 |  | 33,431
Creditors: amounts falling due within one year | 6 | ( 27,500) |  | ( 9,162)
Net current assets |  | 161,854 |  | 24,269
Total assets less current liabilities |  | 286,412 |  | 73,074
Net assets |  | 286,412 |  | 73,074
Capital and reserves |  |  |  |
Called-up share capital | 7 | 126 |  | 95
Share premium account |  | 1,559,102 |  | 1,105,232
Profit and loss account |  | ( 1,272,816 ) |  | ( 1,032,253 )
Total shareholders' funds |  | 286,412 |  | 73,074

For the financial year ending 28 February 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of 7 of D Limited (registered number: 12932932) were approved and authorised for issue by the Board of Directors on 11 March 2026. They were signed on its behalf by:

S Z Skorchev Director |

7 OF D LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2025
7 OF D LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

7 of D Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Stonecross, Trumpington High Street, Cambridge, CB2 9SU, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of 7 of D Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
These financial statements are separate financial statements.

##### Going concern

The financial statements have been prepared on a going concern basis.
The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise on monetary items.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover represents the value of services provided to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

##### Intangible assets

Intangible assets are stated at cost, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost of each asset over its expected useful life as follows:

Computer software | 5 years straight line

##### Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment | 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

#####

#### 2. Employees

| 28.02.2025 |  | 29.02.2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 6 |  | 5

#### 3. Intangible assets

| Computer software |  | Total
| £ |  | £
Cost |  |  |
At 01 March 2024 | 43,287 |  | 43,287
Additions | 89,297 |  | 89,297
At 28 February 2025 | 132,584 |  | 132,584
Accumulated amortisation |  |  |
At 01 March 2024 | 0 |  | 0
Charge for the financial year | 15,177 |  | 15,177
At 28 February 2025 | 15,177 |  | 15,177
Net book value |  |  |
At 28 February 2025 | 117,407 |  | 117,407
At 29 February 2024 | 43,287 |  | 43,287

#### 4. Tangible assets

| Computer equipment |  | Total
| £ |  | £
Cost |  |  |
At 01 March 2024 | 10,830 |  | 10,830
Additions | 4,104 |  | 4,104
At 28 February 2025 | 14,934 |  | 14,934
Accumulated depreciation |  |  |
At 01 March 2024 | 5,312 |  | 5,312
Charge for the financial year | 2,471 |  | 2,471
At 28 February 2025 | 7,783 |  | 7,783
Net book value |  |  |
At 28 February 2025 | 7,151 |  | 7,151
At 29 February 2024 | 5,518 |  | 5,518

#### 5. Debtors

| 28.02.2025 |  | 29.02.2024
| £ |  | £
Trade debtors | 0 |  | 1,499
Amounts owed by directors | 2,566 |  | 90
VAT recoverable | 32,422 |  | 12,514
Other debtors | 11,520 |  | 12
| 46,508 |  | 14,115

#### 6. Creditors: amounts falling due within one year

| 28.02.2025 |  | 29.02.2024
| £ |  | £
Trade creditors | 8,441 |  | 2,092
Accruals | 3,630 |  | 3,300
Other taxation and social security | 15,429 |  | 3,770
| 27,500 |  | 9,162

#### 7. Called-up share capital

| 28.02.2025 |  | 29.02.2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
4,810 A Ordinary shares of £ 0.01 each (29.02.2024: nil shares) | 48 |  | 0
7,784 B Ordinary shares of £ 0.01 each (29.02.2024: nil shares) | 78 |  | 0
Nil Ordinary shares (29.02.2024: 9,459 shares of £ 0.01 each) | 0 |  | 95
| 126 |  | 95

During the year, the company restructured its share capital converting the issued share capital into two classes: 4,810 A Ordinary shares and 4,649 B Ordinary shares.

The company then issued a further 3,135 B Ordinary shares with an aggregate nominal value of £13.35 for a total consideration of £453,901.

#### 8. Related party transactions

Transactions with the entity's directors

Included within the year end debtors balance is an amount owed to the company by a director. The balance at the year-end is £2,566 (2024: £90). This loan is interest‑free and is repayable on demand.

#### 9. Events after the Balance Sheet date

Subsequent to the year end the company issued a further 2,130 A Ordinary shares at par.