7 DELTA LTD


Directors	MITCHELL, Karen Elizabeth
	MITCHELL, Peter Lawrence


Registered Address	1 Gemini Court, 42a Throwley Way
	Sutton
	SM1 4AF


Registered Number	13997822 (England and Wales)

Statement of Financial Position
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	4		823		1,097
			823		1,097
Current assets
Debtors	5	31,800		3,783
Cash at bank and on hand		2,451		8,261
		34,251		12,044
Creditors amounts falling due within one year	6	(60,073)		(29,477)
Net current assets (liabilities)			(25,822)		(17,433)
Total assets less current liabilities			(24,999)		(16,336)
Provisions for liabilities	7		(156)		-
Net assets			(25,155)		(16,336)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(25,255)		(16,436)
Shareholders' funds			(25,155)		(16,336)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 16 July 2026, and are signed on its behalf by:

MITCHELL, Peter Lawrence
Director
Registered Company No. 13997822

7 DELTA LTD

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The financial statements have been prepared on a going concern basis. At the balance sheet date, the company had net liabilities of approximately £25,155, arising principally from losses incurred in previous years. The directors have reviewed the company’s cash flow forecasts and financing arrangements for a period of at least twelve months from the date of approval of these financial statements. The directors have a credit balance on their loan account and have confirmed their intention to continue providing financial support to the company as required to enable it to meet its liabilities as they fall due. Based on these forecasts and the continued support available, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis. Notwithstanding the above, the existence of net liabilities indicates the presence of a material uncertainty which may cast significant doubt on the company’s ability to continue as a going concern. The financial statements do not include any adjustments that would result if the company were unable to continue as a going concern.

Going concern

The financial statements have been prepared on a going concern basis.

At the balance sheet date, the company had net liabilities of approximately £25,155, arising principally from losses incurred in previous years.

The directors have reviewed the company’s cash flow forecasts and financing arrangements for a period of at least twelve months from the date of approval of these financial statements. The directors have a credit balance on their loan account and have confirmed their intention to continue providing financial support to the company as required to enable it to meet its liabilities as they fall due.

Based on these forecasts and the continued support available, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.

Notwithstanding the above, the existence of net liabilities indicates the presence of a material uncertainty which may cast significant doubt on the company’s ability to continue as a going concern. The financial statements do not include any adjustments that would result if the company were unable to continue as a going concern.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Office Equipment	25

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	2		2

3.	Deferred tax
	Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 April 25	2,600	2,600
At 31 March 26	2,600	2,600
Depreciation and impairment
At 01 April 25	1,503	1,503
Charge for year	274	274
At 31 March 26	1,777	1,777
Net book value
At 31 March 26	823	823
At 31 March 25	1,097	1,097

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	31,800	-
Other debtors	-	3,783
Total	31,800	3,783

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	-	119
Taxation and social security	1,308	444
Other creditors	58,765	28,914
Total	60,073	29,477

7.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	156	-
Total	156	-