7 Energy Limited Filleted accounts for Companies House (small and micro)

false false false false false false false false false true false false false false false false false No description of principal activity 2018-01-01 Sage Accounts Production Advanced 2018 Update 1 - FRS xbrli:pure xbrli:shares iso4217:GBP 07228481 2018-01-01 2018-12-31 07228481 2018-12-31 07228481 2017-01-01 2017-12-31 07228481 2017-12-31 07228481 bus:Director1 2018-01-01 2018-12-31 07228481 core:WithinOneYear 2018-12-31 07228481 core:WithinOneYear 2017-12-31 07228481 core:RestatedAmount 2017-12-31 07228481 bus:Director1 2017-12-31 07228481 bus:Director1 2018-12-31 07228481 bus:Director1 2016-12-31 07228481 bus:Director1 2017-12-31 07228481 bus:Director1 2017-01-01 2017-12-31 07228481 bus:Micro-entities 2018-01-01 2018-12-31 07228481 bus:AuditExemptWithAccountantsReport 2018-01-01 2018-12-31 07228481 bus:FullAccounts 2018-01-01 2018-12-31 07228481 bus:SmallCompaniesRegimeForAccounts 2018-01-01 2018-12-31 07228481 bus:PrivateLimitedCompanyLtd 2018-01-01 2018-12-31

COMPANY REGISTRATION NUMBER: 07228481

7 Energy Limited

Filleted Unaudited Financial Statements

31 December 2018

7 Energy Limited

Statement of Financial Position

31 December 2018

	2018		2017
	£	£	£	£
Fixed assets		377		934
		----		----

Current assets	114,335		72,651
Prepayments and accrued income	384		350
	----------		---------
		114,719		73,001

Creditors: amounts falling due within one year	114,495	73,734
	----------	---------
Net Current Assets/(Liabilities)	224	( 733)
	----	----
Total Assets Less Current Liabilities	601	201

Accruals and deferred income	71,468	41,727
	---------	---------
	(70,867)	(41,526)
	---------	---------

Capital and reserves	( 70,867)	( 41,526)
	---------	---------

Notes to the Financial Statements

1. Employee Numbers

The average number of persons employed by the company during the year amounted to 4 (2017: 3 ).

2. Director's Advances, Credits and Guarantees

During the year the director entered into the following advances and credits with the company:

	2018
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr M J Dowley	( 15,238)	( 17,124)	7,854	( 24,508)
	---------	---------	-------	---------

	2017
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr M J Dowley	( 9,645)	( 16,704)	11,111	( 15,238)
	-------	---------	---------	---------

The non-interest bearing loan is repayable on demand.

3. Other Financial Commitments

The company has entered into operating leases of which instalments totalling £ 11,534 (2017 - £ 15,687 ) remain outstanding at the balance sheet date.

4. Going Concern

The financial statements have been prepared on a going concern basis which assumes the continued support of the director.

For the year ending 31st December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 16 October 2019 , and are signed on behalf of the board by:

Mr M J Dowley
Director

Company registration number: 07228481

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Emstrey House (North), Shrewsbury Business Park, Shrewsbury, Shropshire, SY2 6LG.