Company No: 06803869 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	1,116		1,312
Investment property	4	620,000		620,000
		621,116		621,312
Current assets
Debtors	5	1,074		2,246
Cash at bank and in hand		169,425		152,947
		170,499		155,193
Creditors: amounts falling due within one year	6	( 506,591)		( 526,516)
Net current liabilities		(336,092)		(371,323)
Total assets less current liabilities		285,024		249,989
Net assets		285,024		249,989
Capital and reserves
Called-up share capital		1		1
Profit and loss account		285,023		249,988
Total shareholder's funds		285,024		249,989

For the financial year ending 31 January 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Sevenhill Limited (registered number: 06803869) were approved and authorised for issue by the Director on 16 October 2026. They were signed on its behalf by:

P B Sheeran Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Sevenhill Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sheriff House, Nantwich Road, Stanthorne, CW10 0LH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

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

Going concern

The Company had net current liabilities of £336,092 (2025: £371,323), and net assets of £285,024 (2025: £249,989) at 31 January 2026.

The director has considered the appropriateness of preparing the accounts on a going concern basis. In their review, they have gained assurances from the parent company that the amounts owing will not be recalled for payment unless the company has sufficient cash reserves to settle the outstanding balances, which is not expected to be within 12 months of the date of approval of these financial statements.

The Company currently meets its working capital requirements through its cash balances and loan from the parent company, and the director believes they have sufficient facilities to trade through the next 12 month period.

Therefore, the director believes it is appropriate to prepare the accounts to 31 January 2026 on a going concern basis and there will be no adverse effect on solvency for more than 12 months after the date of approval of the financial statements

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
* the amount of revenue can be measured reliably;
* it is probable that the Company will receive the consideration due under the contract;
* the stage of completion of the contract at the end of the reporting period can be measured reliably; and
* the costs incurred and the costs to complete the contract can be measured reliably.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

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.

2. Employees

	2026		2025
	Number		Number
The Company has no employees other than the directors, who did not receive any remuneration	0		0

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 February 2025	3,630		3,630
At 31 January 2026	3,630		3,630
Accumulated depreciation
At 01 February 2025	2,318		2,318
Charge for the financial year	196		196
At 31 January 2026	2,514		2,514
Net book value
At 31 January 2026	1,116		1,116
At 31 January 2025	1,312		1,312

4. Investment property

	Investment property
	£
Valuation
As at 01 February 2025	620,000
As at 31 January 2026	620,000

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2026		2025
	£		£
Historic cost	820,000		820,000

The 2018 valuations were made by Edwards & Co, on an open market value for existing use basis.

5. Debtors

	2026		2025
	£		£
Other debtors	1,074		2,246

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	927		1,353
Amounts owed to Group undertakings	496,716		516,984
Taxation and social security	6,566		5,918
Other creditors	2,382		2,261
	506,591		526,516

7. Ultimate controlling party

Parent Company:

The ultimate parent company is Oaklea Construction Ltd, company number 05870336.