NUMBER SEVEN BOAT TRIPS LIMITED


Director	RANKIN, Richard Francis


Registered Address	Princes Wharf
	Wapping Rd
	Bristol
	BS1 4RN


Registered Number	04384927 (England and Wales)

Statement of Financial Position
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		58,804		60,892
Investments	4		95,000		95,000
			153,804		155,892
Current assets
Debtors		76,296		90,633
Cash at bank and on hand		9,528		6,948
		85,824		97,581
Creditors amounts falling due within one year	5	(48,767)		(54,217)
Net current assets (liabilities)			37,057		43,364
Total assets less current liabilities			190,861		199,256
Creditors amounts falling due after one year	6		(15,170)		(19,393)
Net assets			175,691		179,863
Capital and reserves
Called up share capital			100		100
Profit and loss account			175,591		179,763
Shareholders' funds			175,691		179,863

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 Director acknowledges 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 Director on 11 March 2026, and are signed on its behalf by:

RANKIN, Richard Francis
Director
Registered Company No. 04384927

NUMBER SEVEN BOAT TRIPS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

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.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	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 (%)
	Plant and machinery	10

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	8		9

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Total
	£	£	£
Cost or valuation
At 01 January 25	8,713	160,221	168,934
Additions	-	2,545	2,545
At 31 December 25	8,713	162,766	171,479
Depreciation and impairment
At 01 January 25	-	108,042	108,042
Charge for year	-	4,633	4,633
At 31 December 25	-	112,675	112,675
Net book value
At 31 December 25	8,713	50,091	58,804
At 31 December 24	8,713	52,179	60,892

4.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 January 25	95,000	95,000
At 31 December 25	95,000	95,000
Net book value
At 31 December 25	95,000	95,000
At 31 December 24	95,000	95,000

	Notes
	¹Investments in group undertakings and participating interests

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	10,659	16,138
Bank borrowings and overdrafts	4,246	4,137
Taxation and social security	2,521	2,069
Other creditors	29,197	29,790
Accrued liabilities and deferred income	2,144	2,083
Total	48,767	54,217


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	15,170	19,393
Total	15,170	19,393