Company Registration No. 06943401 (England and Wales)
7-11 Ltd
Filleted accounts
for the year ended 30 June 2025
7-11 Ltd
Filleted accounts
Contents
7-11 Ltd
Company Information
for the year ended 30 June 2025
Directors
O A Jussab
M A Patel
M S Shaikh
Company Number
06943401 (England and Wales)
Registered Office
84B Berners Street
Leicester
LE2 0FS
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
7-11 Ltd
Statement of financial position
as at 30 June 2025
Tangible assets
24,176
19,734
Cash at bank and in hand
99,745
120,635
Creditors: amounts falling due within one year
(259,831)
(298,772)
Net current (liabilities)/assets
(16,628)
43,778
Called up share capital
6
6
Profit and loss account
7,542
63,506
Shareholders' funds
7,548
63,512
For the year ending 30 June 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 10 April 2026 and were signed on its behalf by
M A Patel
Director
Company Registration No. 06943401
7-11 Ltd
Notes to the Accounts
for the year ended 30 June 2025
7-11 Ltd is a private company, limited by shares, registered in England and Wales, registration number 06943401. The registered office is 84B Berners Street, Leicester, LE2 0FS.
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.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
7-11 Ltd
Notes to the Accounts
for the year ended 30 June 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2024
65,820
70,490
136,310
At 30 June 2025
65,820
92,498
158,318
At 1 July 2024
46,086
70,490
116,576
Charge for the year
13,164
4,402
17,566
At 30 June 2025
59,250
74,892
134,142
At 30 June 2025
6,570
17,606
24,176
At 30 June 2024
19,734
-
19,734
Finished goods
48,836
45,356
Amounts falling due within one year
Accrued income and prepayments
24,978
105,231
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
201,178
259,441
Taxes and social security
25,544
29,652
Other creditors
25,799
2,056
7-11 Ltd
Notes to the Accounts
for the year ended 30 June 2025
Allotted, called up and fully paid:
3 A Ordinary shares of £1 each
3
3
3 B Ordinary Shares of £1 each
3
3
9
Average number of employees
During the year the average number of employees was 20 (2024: 20).