IRIS Accounts Production v26.1.10.61 10877028 director 1.8.24 31.7.25 31.7.25 false true false false true false Ordinary shares 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 10877028 2024-07-31 10877028 2025-07-31 10877028 2024-08-01 2025-07-31 10877028 2023-07-31 10877028 2023-08-01 2024-07-31 10877028 2024-07-31 10877028 ns15:EnglandWales 2024-08-01 2025-07-31 10877028 ns14:PoundSterling 2024-08-01 2025-07-31 10877028 ns10:Director1 2024-08-01 2025-07-31 10877028 ns10:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 10877028 ns10:SmallEntities 2024-08-01 2025-07-31 10877028 ns10:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 10877028 ns10:SmallCompaniesRegimeForDirectorsReport 2024-08-01 2025-07-31 10877028 ns10:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 10877028 ns10:FullAccounts 2024-08-01 2025-07-31 10877028 ns10:OrdinaryShareClass1 2024-08-01 2025-07-31 10877028 ns10:RegisteredOffice 2024-08-01 2025-07-31 10877028 ns5:CurrentFinancialInstruments 2025-07-31 10877028 ns5:CurrentFinancialInstruments 2024-07-31 10877028 ns5:ShareCapital 2025-07-31 10877028 ns5:ShareCapital 2024-07-31 10877028 ns5:SharePremium 2025-07-31 10877028 ns5:SharePremium 2024-07-31 10877028 ns5:RetainedEarningsAccumulatedLosses 2025-07-31 10877028 ns5:RetainedEarningsAccumulatedLosses 2024-07-31 10877028 ns5:CostValuation 2024-07-31 10877028 ns5:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-07-31 10877028 ns5:CostValuation 2025-07-31 10877028 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-07-31 10877028 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-07-31 10877028 ns10:OrdinaryShareClass1 2025-07-31 10877028 ns5:RetainedEarningsAccumulatedLosses 2024-07-31 10877028 ns5:SharePremium 2024-07-31 10877028 ns5:RetainedEarningsAccumulatedLosses 2024-08-01 2025-07-31

REGISTERED NUMBER: 10877028 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

TAKE7 HOLDINGS LIMITED

TAKE7 HOLDINGS LIMITED (REGISTERED NUMBER: 10877028)

Contents of the Financial Statements

for the year ended 31 July 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 3 |

TAKE7 HOLDINGS LIMITED

Company Information

for the year ended 31 July 2025

| DIRECTOR: | D J Owen

| REGISTERED OFFICE: | Thorne Lancaster Parker

| 5th Floor

| Palladium House

| 1-4 Argyll Street

| London

| W1F 7TA

| REGISTERED NUMBER: | 10877028 (England and Wales)

| ACCOUNTANTS: | Thorne Lancaster Parker

| 5th Floor

| Palladium House

| 1-4 Argyll Street

| London

| W1F 7TA

TAKE7 HOLDINGS LIMITED (REGISTERED NUMBER: 10877028)

Statement of Financial Position

31 July 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Investments | 4 | - |  | 38,747 |  |

CURRENT ASSETS

Debtors | 5 | - |  | 253,421 |  |

CREDITORS

Amounts falling due within one year | 6 | (158,342 | ) | (159,243 | ) |

NET CURRENT (LIABILITIES)/ASSETS | (158,342 | ) | 94,178 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | (158,342 | ) | 132,925 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 40,709 |  | 40,709 |  |

Share premium | 8 | 248,045 |  | 248,045 |  |

Retained earnings | 8 | (447,096 | ) | (155,829 | ) |

SHAREHOLDERS' FUNDS | (158,342 | ) | 132,925 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 July 2026 and were signed by:

D J Owen - Director

TAKE7 HOLDINGS LIMITED (REGISTERED NUMBER: 10877028)

Notes to the Financial Statements

for the year ended 31 July 2025

1. | STATUTORY INFORMATION

| Take7 Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| 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.

| Cash and cash equivalents

| Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

TAKE7 HOLDINGS LIMITED (REGISTERED NUMBER: 10877028)

Notes to the Financial Statements - continued

for the year ended 31 July 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has chosen to adopt Section 11 of FRS 102 in respect of financial instruments as it has only basic financial instruments.

| a) Basic financial assets

| Trade and other debtors, and bank balances, which are due within one year are initially recognised at transaction price and subsequently carried at amortised cost being the transaction price less any amounts settled and any impairment losses.

| At the end of each reporting period basic financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

| If there is decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

| A financial asset is derecognised only when the contractual rights to cash flows expire or are settled, or substantially all the risks and rewards of ownership are transferred to another party, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

| b) Basic financial liabilities and equity

| Financial liabilities are classified as liabilities and equity instruments according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Trade creditors, and other creditors are initially recognised at transaction price and subsequently carried at amortised cost, being transaction price less any amounts settled.

| Other loans are initially recognised at the transaction price, including transaction costs and subsequently measured at amortised cost using the effective interest method. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and other similar charges.

| Basic financial liabilities are derecognised when the contractual obligation is discharged, cancelled or expired.

| c) Equity instruments

| The ordinary share capital of the company is classified as equity and recorded at fair value of the cash or other resources received or receivable, net of direct costs of issuing the equity instruments.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

TAKE7 HOLDINGS LIMITED (REGISTERED NUMBER: 10877028)

Notes to the Financial Statements - continued

for the year ended 31 July 2025

4. | FIXED ASSET INVESTMENTS

| Investments

£ |

| COST

| At 1 August 2024 | 38,747 |  |

| Impairments | (38,747 | ) |

| At 31 July 2025 | - |  |

| NET BOOK VALUE

| At 31 July 2025 | - |  |

| At 31 July 2024 | 38,747 |  |

| On 20th October 2017 the company acquired 100% of the 1 issued share capital of Take7 (I.P.) Limited,

| a company registered in England and Wales.

| On 20th October 2017 the company acquired 100% of the 1 issued share capital of Take7 UK (Trading) Limited,

| a company registered in England and Wales.

| On 21st December 2017 the company allotted 38,745 shares by way of transfer in the capital of 3H Holdings Limited, a company registered in Hong Kong and hold 100% of the issued share capital in this company.

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed by group undertakings | - |  | 252,520 |  |

| Other debtors | - |  | 901 |  |

- |  | 253,421 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other creditors | - |  | 100,001 |  |

| Directors' loan accounts | 158,342 |  | 56,772 |  |

| Accruals and deferred income | - |  | 2,470 |  |

158,342 |  | 159,243 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 40,709 | Ordinary shares | £1 | 40,709 |  | 40,709 |  |

TAKE7 HOLDINGS LIMITED (REGISTERED NUMBER: 10877028)

Notes to the Financial Statements - continued

for the year ended 31 July 2025

7. | CALLED UP SHARE CAPITAL - continued

| On 21st July 2017, the company issued 1ordinary share of £1.

| On 21st December 2017 the company issued 38,745 shares of £1 each.

| On 6th February 2018 the company issued a further 1,963 shares at a premium of £248,045.

8. | RESERVES

| Retained |  | Share |

| earnings |  | premium |  | Totals

£ | £ | £ |

| At 1 August 2024 | (155,829 | ) | 248,045 |  | 92,216 |  |

| Deficit for the year | (291,267 | ) | (291,267 | ) |

| At 31 July 2025 | (447,096 | ) | 248,045 |  | (199,051 | ) |

9. | RELATED PARTY DISCLOSURES

| Take7 (I.P.) Limited

| At the balance sheet date, Take7 Holdings Limited owed the company £Nil (2024: £252,520) by way of a loan which has been forgiven during the year.

| Other Creditors

| At the balance sheet date, the company owes Erik Mitteregger £Nil (2024: £100,000) by way of a loan which has been forgiven during the year.