1 August 2024 false No description of principal activity Taxfiler 2024.6 7318529 business:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 7318529 2024-07-31 7318529 2024-08-01 2025-07-31 7318529 business:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 7318529 business:FilletedAccounts 2024-08-01 2025-07-31 7318529 2025-07-31 7318529 business:Director1 2024-08-01 2025-07-31 7318529 business:Director2 2024-08-01 2025-07-31 7318529 business:RegisteredOffice 2024-08-01 2025-07-31 7318529 2024-07-31 7318529 core:WithinOneYear 2025-07-31 7318529 core:WithinOneYear 2024-07-31 7318529 core:AfterOneYear 2025-07-31 7318529 core:AfterOneYear 2024-07-31 7318529 core:ShareCapital core:PreviouslyStatedAmount 2025-07-31 7318529 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 7318529 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-07-31 7318529 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 7318529 core:PreviouslyStatedAmount 2025-07-31 7318529 core:PreviouslyStatedAmount 2024-07-31 7318529 business:SmallEntities 2024-08-01 2025-07-31 7318529 countries:EnglandWales 2024-08-01 2025-07-31 7318529 core:LandBuildings 2024-08-01 2025-07-31 7318529 core:PlantMachinery 2024-08-01 2025-07-31 7318529 core:MotorVehicles 2024-08-01 2025-07-31 7318529 core:ComputerEquipment 2024-08-01 2025-07-31 7318529 core:PlantMachinery 2024-07-31 7318529 core:MotorVehicles 2024-07-31 7318529 core:FurnitureFittings 2024-07-31 7318529 core:ComputerEquipment 2024-07-31 7318529 core:FurnitureFittings 2024-08-01 2025-07-31 7318529 core:PlantMachinery 2025-07-31 7318529 core:MotorVehicles 2025-07-31 7318529 core:FurnitureFittings 2025-07-31 7318529 core:ComputerEquipment 2025-07-31 7318529 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 7318529 (England and Wales)
Layer 7 Limited Unaudited accounts for the year ended 31 July 2025
Layer 7 Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Layer 7 Limited Company Information for the year ended 31 July 2025
Directors
Catherine Tait Christopher Tait
Company Number
7318529 (England and Wales)
Registered Office
Wansbeck Workspace Rotary Parkway Ashington Northumberland NE63 8QZ UNITED KINGDOM
Accountants
JBC Management Solutions Ltd 5 Dene Park Ponteland Newcastle upon Tyne Northumberland NE20 9AH
- 3 -
Layer 7 Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
80,888
76,295
Current assets
Debtors
5
740,013
243,208
Investments
6
52,051
52,051
Cash at bank and in hand
425,972
742,554
1,218,036
1,037,813
Creditors: amounts falling due within one year
7
(302,707)
(294,602)
Net current assets
915,329
743,211
Total assets less current liabilities
996,217
819,506
Creditors: amounts falling due after more than one year
8
(1,575)
(11,780)
Net assets
994,642
807,726
Capital and reserves
Called up share capital
1
1
Profit and loss account
994,641
807,725
Shareholders' funds
994,642
807,726
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 12 May 2026 and were signed on its behalf by
Christopher Tait Director Company Registration No. 7318529
- 4 -
Layer 7 Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Layer 7 Limited is a private company, limited by shares, registered in England and Wales, registration number 7318529. The registered office is Wansbeck Workspace, Rotary Parkway, Ashington, Northumberland, NE63 8QZ, UNITED KINGDOM.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
This is not depreciated
Plant & machinery
This is depreciated at 20% straight line
Motor vehicles
This is depreciated at 20% straight line
Computer equipment
This is depreciated at 20% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2024
35,000
76,581
7,069
27,276
145,926
Additions
-
39,995
2,132
3,272
45,399
Disposals
-
(33,998)
-
-
(33,998)
At 31 July 2025
35,000
82,578
9,201
30,548
157,327
Depreciation
At 1 August 2024
28,000
28,916
1,414
11,301
69,631
Charge for the year
7,000
12,257
1,840
6,110
27,207
On disposals
-
(20,399)
-
-
(20,399)
At 31 July 2025
35,000
20,774
3,254
17,411
76,439
Net book value
At 31 July 2025
-
61,804
5,947
13,137
80,888
At 31 July 2024
7,000
47,665
5,655
15,975
76,295
- 5 -
Layer 7 Limited Notes to the Accounts for the year ended 31 July 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
526,673
238,208
Amounts due from group undertakings etc.
5,000
5,000
Accrued income and prepayments
147,381
-
Other debtors
60,959
-
740,013
243,208
6
Investments held as current assets
2025
2024
£
£
Unlisted investments
52,051
52,051
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,648
10,648
VAT
57,772
120,559
Trade creditors
177,828
84,381
Taxes and social security
55,559
73,721
Other creditors
-
4,264
Loans from directors
-
129
Accruals
900
900
302,707
294,602
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,575
11,780
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).
- 6 -