SEVENTREES SECURITIES LIMITED

SEVENTREES SECURITIES LIMITED

SEVENTREES SECURITIES LIMITED - Company Information

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SEVENTREES SECURITIES LIMITED

Company Registration Number:
01201262 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2018

Period of accounts

Start date: 01 July 2017

End date: 30 June 2018

SEVENTREES SECURITIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2018

Balance sheet
Notes

SEVENTREES SECURITIES LIMITED

Balance sheet

As at 30 June 2018


Notes
2018
2017


£
£
Fixed assets
Investments: 2 326,038 329,813
Total fixed assets: 326,038 329,813
Current assets
Debtors: 3 278,000 103,000
Cash at bank and in hand: 32,041 156,889
Total current assets: 310,041 259,889
Creditors: amounts falling due within one year:   (353,129) (362,868)
Net current assets (liabilities): (43,088) (102,979)
Total assets less current liabilities: 282,950 226,834
Provision for liabilities: (5,492)
Total net assets (liabilities): 277,458 226,834
Capital and reserves
Called up share capital: 50 50
Profit and loss account: 277,408 226,784
Shareholders funds: 277,458 226,834

The notes form part of these financial statements

SEVENTREES SECURITIES LIMITED

Balance sheet statements

For the year ending 30 June 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 August 2018
and signed on behalf of the board by:

Name: W G Dick
Status: Director

The notes form part of these financial statements

SEVENTREES SECURITIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on the despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred in respect of the transactions can be measured reliably

SEVENTREES SECURITIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

2. Fixed investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss

SEVENTREES SECURITIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

3. Debtors

2018 2017
££
Debtors due after more than one year: 278,000 103,000

SEVENTREES SECURITIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

4. Loans to directors

Name of director receiving advance or credit: F D Cochrane
Description of the loan: Advance
£
Balance at 01 July 2017 174,058
Advances or credits repaid: 10,000
Balance at 30 June 2018 164,058
Name of director receiving advance or credit: A C G Dick
Description of the loan: Advance
£
Balance at 01 July 2017 176,374
Balance at 30 June 2018 176,374
Name of director receiving advance or credit: G A Dick
Description of the loan: Advance
£
Balance at 01 July 2017 8,002
Balance at 30 June 2018 8,002
Name of director receiving advance or credit: W G Dick
Description of the loan: Advance
£
Balance at 01 July 2017 600
Advances or credits made: 300
Balance at 30 June 2018 900