Abbreviated Company Accounts - 7HOUSE LIMITED

CONTRACTS ADVANCE LIMITED - Company Information

06258133 7HOUSE LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 06258133 2015-09-01 2016-08-31 06258133 2016-08-31 06258133 2015-08-31 06258133 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 06258133 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director3 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director3 2016-08-31 uk-gaap-cd-bus:Director3 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 06258133

7HOUSE LIMITED

Abbreviated Accounts

31 August 2016

7HOUSE LIMITED Registered Number 06258133

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	7,698	7,770
		7,698	7,770
Current assets
Debtors		152,109	89,144
Cash at bank and in hand		97,743	135,065
		249,852	224,209
Creditors: amounts falling due within one year		(212,589)	(156,244)
Net current assets (liabilities)		37,263	67,965
Total assets less current liabilities		44,961	75,735
Total net assets (liabilities)		44,961	75,735
Capital and reserves
Called up share capital	3	36,000	36,000
Profit and loss account		8,961	39,735
Shareholders' funds		44,961	75,735

For the year ending 31 August 2016 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 17 February 2017

And signed on their behalf by:
C MILLHOUSE, Director

7HOUSE LIMITED Registered Number 06258133

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:-

Computers and equipment - 33.3% straight line

2Tangible fixed assets

	£
Cost
At 1 September 2015	31,655
Additions	5,300
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	36,955
Depreciation
At 1 September 2015	23,885
Charge for the year	5,372
On disposals	-
At 31 August 2016	29,257
Net book values
At 31 August 2016	7,698
At 31 August 2015	7,770

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
36,000 Ordinary shares of £1 each	36,000	36,000

4Transactions with directors

Name of director receiving advance or credit:	C MILLHOUSE
Description of the transaction:	Advance
Balance at 1 September 2015:	£ 0
Advances or credits made:	£ 4,771
Advances or credits repaid:	-
Balance at 31 August 2016:	£ 4,771