Seventeen Balham Limited - Filleted accounts

Registered number

11638625

Seventeen Balham Limited

Filleted Accounts

31 October 2025

Seventeen Balham Limited
Registered number:		11638625
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		28,666			34,728

Current assets
Stocks		17,500			20,000
Debtors	4	39,500			56,035
Cash at bank and in hand		859			21,497
		57,859			97,532

Creditors: amounts falling due within one year	5	(18,639)			(36,048)

Net current assets			39,220			61,484

Total assets less current liabilities			67,886			96,212

Creditors: amounts falling due after more than one year	6		(25,779)			(46,467)



Net assets			42,107			49,745

Capital and reserves
Called up share capital			2			2
Profit and loss account			42,105			49,743

Shareholders' funds			42,107			49,745

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Can KOROGLU
Director
Approved by the board on 14 May 2026

Seventeen Balham Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			3		3


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 November 2024	4,418		97,045		101,463
	At 31 October 2025	4,418		97,045		101,463

	Depreciation
	At 1 November 2024	-		66,735		66,735
	Charge for the year	-		6,062		6,062
	At 31 October 2025	-		72,797		72,797

	Net book value
	At 31 October 2025	4,418		24,248		28,666
	At 31 October 2024	4,418		30,310		34,728


4	Debtors			2025		2024
£					£

	Other debtors			39,500		56,035


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			12,459		8,041
	Taxation and social security costs			(501)		3,752
	Other creditors			6,681		24,255
				18,639		36,048


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Other creditors			25,779		46,467


7	Controlling party

	Can KOROGLU - 1 share, Renaz KARA - 1 share, Cityfitlondon Ltd - 50B of the issued share capital.


8	Other information

	Seventeen Balham Limited is a private company limited by shares and incorporated in England. Its registered office is:
	8 Clock House Parade
	North Circular Road
	London
	N13 6BG