Company Registration No. 12375068 (England and Wales)
14SE7EN MEMBERS LOUNGE LTD
Unaudited accounts
for the period from 23 December 2019 to 31 December 2020
14SE7EN MEMBERS LOUNGE LTD
Unaudited accounts
Contents
14SE7EN MEMBERS LOUNGE LTD
Company Information
for the period from 23 December 2019 to 31 December 2020
Director
Mazn Mussa Amhamed
Company Number
12375068 (England and Wales)
Registered Office
Unit 10 Beckside Mills
Beckside Lane
Bradford
West Yorkshire
BD7 2JX
England
Accountants
Axiom Accountants Ltd
42-44 Adelaide Street
Bradford
West Yorkshire
BD5 0EA
14SE7EN MEMBERS LOUNGE LTD
Statement of financial position
as at 31 December 2020
Cash at bank and in hand
112
Creditors: amounts falling due within one year
(13,486)
Net current liabilities
(12,156)
Called up share capital
100
Profit and loss account
11,409
Shareholders' funds
11,509
For the period ending 31 December 2020 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 22 December 2021 and were signed on its behalf by
Mazn Mussa Amhamed
Director
Company Registration No. 12375068
14SE7EN MEMBERS LOUNGE LTD
Notes to the Accounts
for the period from 23 December 2019 to 31 December 2020
14SE7EN MEMBERS LOUNGE LTD is a private company, limited by shares, registered in England and Wales, registration number 12375068. The registered office is Unit 10 Beckside Mills, Beckside Lane, Bradford, West Yorkshire, BD7 2JX, England.
2
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 remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18% Reducing balance basis
4
Tangible fixed assets
Fixtures & fittings
At 31 December 2020
28,859
Charge for the period
5,194
At 31 December 2020
23,665
5
Debtors: amounts falling due within one year
2020
Accrued income and prepayments
1,218
6
Creditors: amounts falling due within one year
2020
Bank loans and overdrafts
12,000
Taxes and social security
564
14SE7EN MEMBERS LOUNGE LTD
Notes to the Accounts
for the period from 23 December 2019 to 31 December 2020
7
Average number of employees
During the period the average number of employees was 2.
