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Company Registration No. 13041318 (England and Wales)
OLD NO7 BAR LOUNGE LTD Unaudited accounts for the year ended 30 November 2023
OLD NO7 BAR LOUNGE LTD Unaudited accounts Contents
Page
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OLD NO7 BAR LOUNGE LTD Company Information for the year ended 30 November 2023
Director
Steven Matthias
Company Number
13041318 (England and Wales)
Registered Office
7 TOWN HILL WREXHAM LL13 8NA WALES
Accountants
AB Accountancy Dalton House 35 Chester Street Wrexham LL13 8AH
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OLD NO7 BAR LOUNGE LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,000 
6,000 
Current assets
Debtors
257 
660 
Cash at bank and in hand
39,154 
37,968 
39,411 
38,628 
Creditors: amounts falling due within one year
(7,260)
(17,798)
Net current assets
32,151 
20,830 
Net assets
36,151 
26,830 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
36,051 
26,730 
Shareholders' funds
36,151 
26,830 
For the year ending 30 November 2023 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 27 July 2024 and were signed on its behalf by
Steven Matthias Director Company Registration No. 13041318
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OLD NO7 BAR LOUNGE LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
OLD NO7 BAR LOUNGE LTD is a private company, limited by shares, registered in England and Wales, registration number 13041318. The registered office is 7 TOWN HILL, WREXHAM, LL13 8NA, WALES.
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
Straight Line Basis - 5 Years
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 December 2022
10,000 
At 30 November 2023
10,000 
Depreciation
At 1 December 2022
4,000 
Charge for the year
2,000 
At 30 November 2023
6,000 
Net book value
At 30 November 2023
4,000 
At 30 November 2022
6,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
257 
660 
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OLD NO7 BAR LOUNGE LTD Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
7,603 
5,956 
Taxes and social security
1,275 
5,713 
Loans from directors
(1,618)
6,129 
7,260 
17,798 
7
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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