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Company Registration No. 12375068 (England and Wales)
14SE7EN MEMBERS LOUNGE LTD Unaudited accounts for the year ended 31 December 2022
14SE7EN MEMBERS LOUNGE LTD Unaudited accounts Contents
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14SE7EN MEMBERS LOUNGE LTD Company Information for the year ended 31 December 2022
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
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14SE7EN MEMBERS LOUNGE LTD Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,538 
21,388 
Current assets
Inventories
600 
400 
Debtors
815 
756 
Cash at bank and in hand
1,640 
847 
3,055 
2,003 
Creditors: amounts falling due within one year
(22,023)
(21,475)
Net current liabilities
(18,968)
(19,472)
Net (liabilities)/assets
(1,430)
1,916 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,530)
1,816 
Shareholders' funds
(1,430)
1,916 
For the year ending 31 December 2022 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 30 September 2023 and were signed on its behalf by
Mazn Mussa Amhamed Director Company Registration No. 12375068
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14SE7EN MEMBERS LOUNGE LTD Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, 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 
£ 
Cost or valuation
At cost 
At 1 January 2022
31,281 
At 31 December 2022
31,281 
Depreciation
At 1 January 2022
9,893 
Charge for the year
3,850 
At 31 December 2022
13,743 
Net book value
At 31 December 2022
17,538 
At 31 December 2021
21,388 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
815 
756 
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14SE7EN MEMBERS LOUNGE LTD Notes to the Accounts for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
8,198 
10,598 
Taxes and social security
5,658 
2,985 
Loans from directors
567 
1,249 
Accruals
7,600 
6,643 
22,023 
21,475 
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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