7Active Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08289542 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2017

for

7Active Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Rew

S G Carter

REGISTERED OFFICE:

Clay Barn

Ipsley Court

Berrington Close

Redditch

Worcestershire

B98 0TJ

REGISTERED NUMBER:

08289542 (England and Wales)

ACCOUNTANTS:

Clay Knox Ltd

Clay Barn

Ipsley Court

Berrington Close

Redditch

Worcestershire

B98 0TJ

CURRENT ASSETS

Debtors

4

568,077

64,528

Cash at bank

114,598

58,321

682,675

122,849

CREDITORS

Amounts falling due within one year

5

651,220

104,479

NET CURRENT ASSETS

31,455

18,370

TOTAL ASSETS LESS CURRENT LIABILITIES

31,455

18,370

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

31,454

18,369

31,455

18,370

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 11 May 2018 and were signed on its behalf by:

J M Rew - Director

1.	STATUTORY INFORMATION

7Active Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

467,089

53,518

Amounts owed by participating interests

-

1,720

Other debtors

100,988

9,290

568,077

64,528

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

720

2,796

Amounts owed to participating interests

5,664

-

Taxation and social security

105,040

17,742

Other creditors

539,796

83,941

651,220

104,479

6.	RELATED PARTY DISCLOSURES

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J M Rew.