7KC Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
63 Intwood Road
Cringleford
Norwich
Norfolk
NR4 6AA
England

These financial statements were authorised for issue by the Board on 23 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The continuation of the company's activities is dependant on the continued support of its directors. The financial statements have been prepared on the going concern basis on the understanding that their support will continue.

7KC Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2	Accounting policies (continued)

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixture and fittings	25% Reducing balance
Freehold property	2% Straight line

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

7KC Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 October 2024	519,961	6,000	525,961
At 30 September 2025	519,961	6,000	525,961
Depreciation
At 1 October 2024	29,888	3,469	33,357
Charge for the yearyear	10,399	633	11,032
At 30 September 2025	40,287	4,102	44,389
Carrying amount
At 30 September 2025	479,674	1,898	481,572
At 30 September 2024	490,073	2,531	492,604

Included within the net book value of land and buildings above is £479,674 (2024 - £490,073) in respect of freehold land and buildings.
 

7KC Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

5

Debtors

Current	2025 £	2024 £
Prepayments	1,506	1,698
Other debtors	15,073	10,649
	16,579	12,347

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Directors loan account		102,303	85,295
Other creditors		1,670	1,597
		103,973	86,892

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	500,000	500,000	500,000	500,000