7th Heaven Kings Lynn Limited

7th Heaven Kings Lynn Limited

7TH HEAVEN KINGS LYNN LIMITED - Company Information

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1 October 2020 false No description of principal activity Taxfiler 2022.4.1 11578626business:PrivateLimitedCompanyLtd2020-10-012021-09-30 115786262020-09-30 115786262020-10-012021-09-30 11578626business:AuditExemptWithAccountantsReport2020-10-012021-09-30 11578626business:FullAccounts2020-10-012021-09-30 115786262021-09-30 11578626business:Director12020-10-012021-09-30 11578626business:RegisteredOffice2020-10-012021-09-30 115786262020-09-30 11578626core:WithinOneYear2021-09-30 11578626core:WithinOneYear2020-09-30 11578626core:AfterOneYear2021-09-30 11578626core:AfterOneYear2020-09-30 11578626core:ShareCapital2021-09-30 11578626core:ShareCapital2020-09-30 11578626core:RetainedEarningsAccumulatedLosses2021-09-30 11578626core:RetainedEarningsAccumulatedLosses2020-09-30 11578626business:SmallEntities2020-10-012021-09-30 11578626countries:EnglandWales2020-10-012021-09-30 11578626core:PlantMachinery2020-10-012021-09-30 11578626core:PlantMachinery2020-09-30 11578626core:PlantMachinery2021-09-30 115786262019-10-012020-09-30 iso4217:GBP xbrli:pure
Company Registration No. 11578626 (England and Wales)
7th Heaven Kings Lynn Limited Unaudited accounts for the year ended 30 September 2021
7th Heaven Kings Lynn Limited Unaudited accounts Contents
Page
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7th Heaven Kings Lynn Limited Company Information for the year ended 30 September 2021
Director
Ian Cunliffe
Company Number
11578626 (England and Wales)
Registered Office
44-45 NORFOLK STREET KINGS LYNN NORFOLK PE30 1AH UNITED KINGDOM
Accountants
ALMS Limited 12 Orchard Drive West Walton Cambs PE14 7EZ
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7th Heaven Kings Lynn Limited Accountants' report
Accountants' report to the director of 7th Heaven Kings Lynn Limited on the preparation of the unaudited statutory accounts for the year ended 30 September 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 7th Heaven Kings Lynn Limited for the year ended 30 September 2021 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of 7th Heaven Kings Lynn Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of 7th Heaven Kings Lynn Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 7th Heaven Kings Lynn Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that 7th Heaven Kings Lynn Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of 7th Heaven Kings Lynn Limited. You consider that 7th Heaven Kings Lynn Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of 7th Heaven Kings Lynn Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
ALMS Limited 12 Orchard Drive West Walton Cambs PE14 7EZ 16 May 2022
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7th Heaven Kings Lynn Limited Statement of financial position as at 30 September 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
10,493 
13,068 
Current assets
Inventories
4,024 
2,244 
Debtors
5
16,000 
15,000 
Cash at bank and in hand
12,602 
2,557 
32,626 
19,801 
Creditors: amounts falling due within one year
6
(5,891)
(2,571)
Net current assets
26,735 
17,230 
Total assets less current liabilities
37,228 
30,298 
Creditors: amounts falling due after more than one year
7
(39,700)
(30,000)
Net (liabilities)/assets
(2,472)
298 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,572)
198 
Shareholders' funds
(2,472)
298 
For the year ending 30 September 2021 the company was entitled to exemption from audit 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 his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 May 2022 and were signed on its behalf by
Ian Cunliffe Director Company Registration No. 11578626
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7th Heaven Kings Lynn Limited Notes to the Accounts for the year ended 30 September 2021
1
Statutory information
7th Heaven Kings Lynn Limited is a private company, limited by shares, registered in England and Wales, registration number 11578626. The registered office is 44-45 NORFOLK STREET, KINGS LYNN, NORFOLK, PE30 1AH, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2020
18,953 
Additions
1,520 
At 30 September 2021
20,473 
Depreciation
At 1 October 2020
5,885 
Charge for the year
4,095 
At 30 September 2021
9,980 
Net book value
At 30 September 2021
10,493 
At 30 September 2020
13,068 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other debtors
16,000 
15,000 
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7th Heaven Kings Lynn Limited Notes to the Accounts for the year ended 30 September 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
3,491 
- 
Taxes and social security
750 
355 
Other creditors
24 
1,503 
Loans from directors
926 
13 
Accruals
700 
700 
5,891 
2,571 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
39,700 
30,000 
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).
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