Company Registration No. 06991617 (England and Wales)
Seven Peaks Properties Ltd
Unaudited accounts
for the year ended 31 August 2025
Seven Peaks Properties Ltd
Unaudited accounts
Contents
Seven Peaks Properties Ltd
Company Information
for the year ended 31 August 2025
Company Number
06991617 (England and Wales)
Registered Office
Don Valley Hotel
754-756 Attercliffe Road
Sheffield
South Yorkshire
S9 3RQ
England
Accountants
GXY Accountancy Ltd
15b Dransfield House
2 Fox Valley Way
Sheffield
S36 2AB
Seven Peaks Properties Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
753,311
758,821
Cash at bank and in hand
88,673
93,745
Creditors: amounts falling due within one year
(667,374)
(637,000)
Net current liabilities
(571,842)
(537,613)
Total assets less current liabilities
181,469
221,208
Creditors: amounts falling due after more than one year
(6,098)
(8,807)
Net assets
175,371
212,401
Called up share capital
2
2
Profit and loss account
175,369
212,399
Shareholders' funds
175,371
212,401
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 19 May 2026 and were signed on its behalf by
Scott Johnson
Director
Company Registration No. 06991617
Seven Peaks Properties Ltd
Notes to the Accounts
for the year ended 31 August 2025
Seven Peaks Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 06991617. The registered office is Don Valley Hotel, 754-756 Attercliffe Road, Sheffield, South Yorkshire, S9 3RQ, England.
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.
These financial statements for the year ended
31 August 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note
8 below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
736,779
151,914
28,200
916,893
At 31 August 2025
736,779
151,914
28,200
916,893
At 1 September 2024
-
134,264
23,808
158,072
Charge for the year
-
4,412
1,098
5,510
At 31 August 2025
-
138,676
24,906
163,582
At 31 August 2025
736,779
13,238
3,294
753,311
At 31 August 2024
736,779
17,650
4,392
758,821
Seven Peaks Properties Ltd
Notes to the Accounts
for the year ended 31 August 2025
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,941
5,712
Taxes and social security
601
23,538
Loans from directors
662,457
606,666
6
Creditors: amounts falling due after more than one year
2025
2024
7
Average number of employees
During the year the average number of employees was 15 (2024: 24).
8
Reconciliations on adoption of FRS 102