BrightAccountsProduction v1.0.0 v1.0.0 2025-02-01 The company was not dormant during the period The company was trading for the entire period Buying and selling of own real estate 27 April 2026 1 1 02294390 2026-01-31 02294390 2025-01-31 02294390 2024-01-31 02294390 2025-02-01 2026-01-31 02294390 2024-02-01 2025-01-31 02294390 uk-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 02294390 uk-curr:PoundSterling 2025-02-01 2026-01-31 02294390 uk-bus:FullAccounts 2025-02-01 2026-01-31 02294390 uk-bus:Director1 2025-02-01 2026-01-31 02294390 uk-bus:RegisteredOffice 2025-02-01 2026-01-31 02294390 uk-bus:Agent1 2025-02-01 2026-01-31 02294390 uk-bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 02294390 uk-core:ShareCapital 2026-01-31 02294390 uk-core:ShareCapital 2025-01-31 02294390 uk-core:SharePremium 2026-01-31 02294390 uk-core:SharePremium 2025-01-31 02294390 uk-core:RetainedEarningsAccumulatedLosses 2026-01-31 02294390 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 02294390 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2026-01-31 02294390 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-01-31 02294390 uk-core:RetainedEarningsAccumulatedLosses 2025-02-01 2026-01-31 02294390 uk-bus:FRS102 2025-02-01 2026-01-31 02294390 uk-core:FurnitureFittingsToolsEquipment 2025-02-01 2026-01-31 02294390 uk-core:MotorVehicles 2025-02-01 2026-01-31 02294390 uk-core:WithinOneYear 2026-01-31 02294390 uk-core:WithinOneYear 2025-01-31 02294390 uk-core:WithinOneYear 2026-01-31 02294390 uk-core:WithinOneYear 2025-01-31 02294390 uk-core:EmployeeBenefits 2025-01-31 02294390 uk-core:AcceleratedTaxDepreciationDeferredTax 2026-01-31 02294390 uk-core:TaxLossesCarry-forwardsDeferredTax 2026-01-31 02294390 uk-core:OtherDeferredTax 2026-01-31 02294390 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2026-01-31 02294390 uk-core:EmployeeBenefits 2026-01-31 02294390 uk-bus:OrdinaryShareClass1 2025-02-01 2026-01-31 02294390 uk-bus:OrdinaryShareClass1 2026-01-31 02294390 2025-02-01 2026-01-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 02294390
 
 
Seven Elephants Development Limited
 
Director's Report and Unaudited Financial Statements
 
for the financial year ended 31 January 2026



Seven Elephants Development Limited
DIRECTOR AND OTHER INFORMATION

 
Director Mrs Catherine Mary Robinson
 
 
Company Registration Number 02294390
 
 
Registered Office 5 Brayford Square
London
E10SG
United Kingdom
 
 
Business Address 4 Brookview Rise
Enniskillen
Fermanagh
BT74 7NN
Northern Ireland
 
 
Accountants HRJ Accountancy Services Limited
5 Brayford Square
London
London
E1 0SG
GB



Seven Elephants Development Limited
DIRECTOR'S REPORT
for the financial year ended 31 January 2026

 
The director presents her report and the unaudited financial statements for the financial year ended 31 January 2026.
     
Director
The director who served during the financial year is as follows:
     
Mrs Catherine Mary Robinson
   
There were no changes in shareholdings between 31 January 2026 and the date of signing the financial statements.
     
In accordance with the Constitution, the director retire by rotation and, being eligible, offer themselves for re-election.
     
Political Contributions
The company did not make any disclosable political donations in the current financial year.
     
Statement of Director's Responsibilities
     
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless she is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

- select suitable accounting policies and apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable her to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
___________________________
Mrs Catherine Mary Robinson
Director
     
30 April 2026



Seven Elephants Development Limited

ACCOUNTANTS REPORT
to the Director on the Compilation of the unaudited financial statements of Seven Elephants Development Limited
for the financial year ended 31 January 2026
 
In accordance with my engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, I have compiled for your approval the financial statements of the company for the financial year ended 31 January 2026 as set out on pages  to  which comprise the Profit and Loss Account, the Balance Sheet, the Reconciliation of Shareholders' Funds and the related notes from the company's accounting records and from information and explanations you have given to me.
 
This report is made solely to the director of Seven Elephants Development Limited, in accordance with the terms of my engagement. My work has been undertaken so that I might compile the financial statements that I have been engaged to compile, report to the company’s Director that I have done so, and state those matters that I have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company and its director for my work or for this report.
 
I have carried out this engagement in accordance with guidance issued by C1001 and have complied with the relevant ethical guidance laid down by C1001 relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the Balance Sheet for the year ended 31 January 2026 your duty to ensure that Seven Elephants Development Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Seven Elephants Development Limited. You consider that Seven Elephants Development Limited is exempt from the statutory audit requirement for the financial year.
 
I have not been instructed to carry out an audit or a review of the financial statements of Seven Elephants Development Limited. For this reason, I have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
 
 
 
__________________________________
HRJ ACCOUNTANCY SERVICES LIMITED
5 Brayford Square
London
London
E1 0SG
GB
 
27 April 2026



Seven Elephants Development Limited
PROFIT AND LOSS ACCOUNT
for the financial year ended 31 January 2026
2026 2025
Notes £ £

 
Administrative expenses (87,416) (86,520)
Other operating income 99,540 93,900
───────── ─────────
Operating profit 12,124 7,380
 
Interest receivable and similar income 12,197 18,547
───────── ─────────
Profit on ordinary activities before taxation 24,321 25,927
 
Tax on profit on ordinary activities (2,312) (3,524)
───────── ─────────
Profit for the financial year 22,009 22,403
───────── ─────────
Total comprehensive income 22,009 22,403
    ═════════   ═════════



Seven Elephants Development Limited
Company Registration Number: 02294390
BALANCE SHEET
as at 31 January 2026

2026 2025
Notes £ £
 
Fixed Assets
Tangible assets 5 1,857,480 1,862,682
───────── ─────────
 
Current Assets
Debtors 6 1,662 1,505
Cash at bank and in hand 466,343 469,210
───────── ─────────
468,005 470,715
───────── ─────────
Creditors: amounts falling due within one year 7 (538,411) (551,732)
───────── ─────────
Net Current Liabilities (70,406) (81,017)
───────── ─────────
Total Assets less Current Liabilities 1,787,074 1,781,665
 
Provisions for liabilities 9 (312,332) (312,332)
───────── ─────────
Net Assets 1,474,742 1,469,333
═════════ ═════════
 
Capital and Reserves
Called up share capital 10 40,000 40,000
Share premium account 11 40,100 40,100
Retained earnings 1,394,642 1,389,233
───────── ─────────
Shareholders' Funds 1,474,742 1,469,333
═════════ ═════════
 
The financial statements have been prepared 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).
           
For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges her responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Director and authorised for issue on 30 April 2026
           
           
________________________________          
Mrs Catherine Mary Robinson          
Director          
           



Seven Elephants Development Limited
RECONCILIATION OF SHAREHOLDERS' FUNDS
as at 31 January 2026

Called up Share Retained Total
share premium earnings
capital account
£ £ £ £
 
At 1 February 2024 - 40,100 1,381,830 1,421,930
───────── ───────── ───────── ─────────
Profit for the financial year - - 22,403 22,403
───────── ───────── ───────── ─────────
Payment of dividends - - (15,000) (15,000)
  ───────── ───────── ───────── ─────────
At 31 January 2025 40,000 40,100 1,389,233 1,469,333
  ───────── ───────── ───────── ─────────
Profit for the financial year - - 22,009 22,009
  ───────── ───────── ───────── ─────────
Payment of dividends - - (16,600) (16,600)
  ───────── ───────── ───────── ─────────
At 31 January 2026 40,000 40,100 1,394,642 1,474,742
  ═════════ ═════════ ═════════ ═════════



Seven Elephants Development Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 January 2026

   
1. General Information
 
Seven Elephants Development Limited is a company limited by shares incorporated and registered in the England and Wales. The registered number of the company is 02294390. The registered office of the company is 5 Brayford Square, London, E10SG, United Kingdom. Buying and selling of own real estate The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 January 2026 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. Cost comprises purchase price and other directly attributable costs. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 15% Reducing Balance
  Motor vehicles - 25% Reducing Balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business.

Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Profit and Loss Account.

 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2025 - 1).
 
  2026 2025
  Number Number
 
employees 1 1
  ═════════ ═════════
       
4. Dividends 2026 2025
  £ £
Dividends on equity shares:
 
Ordinary Shares - Interim paid 10,790 15,000
Ordinary Shares - Final paid or accrued 5,810 -
  ───────── ─────────
  16,600 15,000
  ═════════ ═════════
           
5. Tangible assets
  Investment Fixtures, Motor Total
  properties fittings and vehicles  
    equipment    
  £ £ £ £
Cost
At 1 February 2025 1,840,000 85,239 31,400 1,956,639
  ───────── ───────── ───────── ─────────
 
At 31 January 2026 1,840,000 85,239 31,400 1,956,639
  ───────── ───────── ───────── ─────────
Depreciation
At 1 February 2025 - 73,223 20,734 93,957
Charge for the financial year - 1,959 3,243 5,202
  ───────── ───────── ───────── ─────────
At 31 January 2026 - 75,182 23,977 99,159
  ───────── ───────── ───────── ─────────
Net book value
At 31 January 2026 1,840,000 10,057 7,423 1,857,480
  ═════════ ═════════ ═════════ ═════════
At 31 January 2025 1,840,000 12,016 10,666 1,862,682
  ═════════ ═════════ ═════════ ═════════
       
6. Debtors 2026 2025
  £ £
 
Prepayments and accrued income 1,662 1,505
  ═════════ ═════════
       
7. Creditors 2026 2025
Amounts falling due within one year £ £
 
Bank loan and overdrafts - 409
Other loans 235,000 240,000
Trade creditors 28,569 28,569
Taxation  (Note 8) 2,312 3,524
Director's current account 253,500 260,000
Other creditors 13,227 13,077
Accruals 5,803 6,153
  ───────── ─────────
  538,411 551,732
  ═════════ ═════════
       
8. Taxation 2026 2025
  £ £
 
Creditors:
Corporation tax 2,312 3,524
  ═════════ ═════════
         
9. Provisions for liabilities
 
The amounts provided for deferred taxation are analysed below:
 
  Property Total Total
  revaluations    
       
    2026 2025
  £ £ £
 
At financial year start 312,332 312,332 312,332
  ───────── ───────── ─────────
At financial year end 312,332 312,332 312,332
  ═════════ ═════════ ═════════
           
10. Share capital     2026 2025
      £ £
Description Number of shares Value of units    
 
Allotted, called up and fully paid
Ordinary 40,000 £1.00 each 40,000 40,000
 
      ═════════ ═════════
   
11. Reserves
 
Share Premium Reserve
 
The amount carried forward is the premium that arose from the issue of shares in 2010.
 
       
12. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 January 2026.
   
13. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.



Seven Elephants Development Limited
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
TRADING STATEMENT
for the financial year ended 31 January 2026
2026 2025
£ £

       
Administrative expenses - Schedule 1 87,416   86,520
  ─────────   ─────────
       
Miscellaneous income
Rent receivable 99,540 93,900
Bank interest 12,197   18,547
  ─────────   ─────────
  111,737   112,447
  ─────────   ─────────
       
Net profit 24,321   25,927
  ═════════   ═════════



Seven Elephants Development Limited
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
SCHEDULE 1: ADMINISTRATIVE EXPENSES ANALYSIS
for the financial year ended 31 January 2026
2026 2025
£ £ £ £

Director's and Staff Costs
Wages and salaries 25,000 27,000
Employers NIC (UK) PRSI (Ireland) 87 87
Pension costs 16,000 9,000
Staff welfare 219 -
───────── ─────────
41,306 36,087
Office Expenses
Printing, postage and stationery 209 222
Telephone  Broadband 1,537 1,050
  ─────────   ─────────  
    1,746   1,272
Premises and Equipment Expenses
Use of premises 312 312
Rent payable 3,562 5,120
Insurance 1,365 1,232
Light and heat 1,858 1,692
Repairs and maintenance 11,298 9,717
Computer costs 660 140
  ─────────   ─────────  
    19,055   18,213
General Expenses
General expenses 857 455
Charitable donations - other 365 150
  ─────────   ─────────  
    1,222   605
Sales and Promotional Expenses
Motor expenses 1,472 1,023
Travelling and entertainment 2,295 4,867
  ─────────   ─────────  
    3,767   5,890
Professional and Financial Expenses
Legal and professional 940 5,844
Consultancy fees 2,016 -
Accountancy Fees 6,620 8,470
Bank charges 59 166
Credit card charges 71 -
Management agent expenses 5,412 -
  ─────────   ─────────  
    15,118   14,480
Depreciation
Fixtures, fittings and equipment depreciation 1,959   3,345  
Motor vehicles depreciation 3,243   6,628  
  ─────────   ─────────  
    5,202   9,973
    ─────────   ─────────
    87,416   86,520
    ═════════   ═════════