PS7 LIMITED

Company Registration Number:
SC517432 (Scotland)

Unaudited statutory accounts for the year ended 31 October 2026

Period of accounts

Start date: 1 November 2025

End date: 31 October 2026

PS7 LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2026

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PS7 LIMITED

Profit And Loss Account

for the Period Ended 31 October 2026

2026 2025


£
£
Turnover: 76,065 112,000
Gross profit(or loss): 76,065 112,000
Administrative expenses: ( 42,200 ) ( 106,985 )
Operating profit(or loss): 33,865 5,015
Profit(or loss) before tax: 33,865 5,015
Profit(or loss) for the financial year: 33,865 5,015

PS7 LIMITED

Balance sheet

As at 31 October 2026

Notes 2026 2025


£
£
Called up share capital not paid: 1 1
Fixed assets
Intangible assets: 3 62,822 0
Total fixed assets: 62,822 0
Current assets
Cash at bank and in hand: 1,100 5,015
Total current assets: 1,100 5,015
Net current assets (liabilities): 1,100 5,015
Total assets less current liabilities: 63,923 5,016
Creditors: amounts falling due after more than one year: 4 ( 147,733 ) ( 122,691 )
Total net assets (liabilities): (83,810) (117,675)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (83,812 ) (117,677 )
Total Shareholders' funds: ( 83,810 ) (117,675)

The notes form part of these financial statements

PS7 LIMITED

Balance sheet statements

For the year ending 31 October 2026 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 5 November 2026
and signed on behalf of the board by:

Name: Mr Paul Richard Sommerville
Status: Director

The notes form part of these financial statements

PS7 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Intangible fixed assets amortisation policy

    Development costs are capitalised as intangible assets when the recognition criteria of Section 18 of FRS 102 are met. They are amortised on a straight-line basis over their estimated useful life once the product is available for use. No amortisation has been charged in the period as the product was not yet available for use.

PS7 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 1 1

PS7 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2026

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 November 2025 0 0
Additions 62,822 62,822
Disposals
Revaluations
Transfers
At 31 October 2026 62,822 62,822
Amortisation
At 1 November 2025 0 0
Charge for year
On disposals
Other adjustments
At 31 October 2026 0 0
Net book value
At 31 October 2026 62,822 62,822
At 31 October 2025 0 0

PS7 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2026

4. Creditors: amounts falling due after more than one year note

2026 2025
£ £
Other creditors 147,733 122,691
Total 147,733 122,691