Company Registration No. 12468376 (England and Wales)
7 Meteor Ltd
Unaudited accounts
for the period from 18 February 2020 to 28 February 2021
7 Meteor Ltd
Unaudited accounts
Contents
7 Meteor Ltd
Company Information
for the period from 18 February 2020 to 28 February 2021
Company Number
12468376 (England and Wales)
Registered Office
28 Olinda Road
London
N16 6TL
England
7 Meteor Ltd
Statement of financial position
as at 28 February 2021
Investment property
193,479
Creditors: amounts falling due within one year
(49,737)
Net current liabilities
(49,737)
Total assets less current liabilities
143,742
Creditors: amounts falling due after more than one year
(150,193)
Profit and loss account
(6,452)
Shareholders' funds
(6,451)
For the period ending 28 February 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 12 May 2022 and were signed on its behalf by
Chavi Weingarten
Director
Company Registration No. 12468376
7 Meteor Ltd
Notes to the Accounts
for the period from 18 February 2020 to 28 February 2021
7 Meteor Ltd is a private company, limited by shares, registered in England and Wales, registration number 12468376. The registered office is 28 Olinda Road, London, N16 6TL, England.
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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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Average number of employees
During the period the average number of employees was 0.
