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Universal Shisha Lounge Ltd
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Notes to the financial statements
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for the period ended 31 October 2024
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1
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Company information
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Universal Shisha Lounge Ltd is a private company registered in England and Wales. Its registered
number is 15297034. The company is limited by shares. Its registered office is Unit 1-2 Victoria Road,
Romford, RM1 2JH.
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2
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Accounting policies
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Basis of preparing the financial statements
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These financial statements have been prepared in accordance with Financial Reporting Standard 102
“The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the
provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have
been prepared under the historic cost convention.
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Going concern
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In preparing these financial statements, the director has assessed whether there are any material
uncertainties related to events or conditions that cast significant doubt upon the company's ability to
continue as a going concern. In making this assessment, the director takes into account all available
information about the future which is at least 12 months from the date that the financial statements are
authorised for issue.
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The director considers that the company has adequate resources to continue in business for the
foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial
statements.
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3
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Average number of employees
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During the period the average number of employees was Nil.
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2
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