Company Registration No. 08570350 (England and Wales)
The London Cabaret Club Limited
Unaudited accounts
for the period from 1 July 2023 to 31 December 2024
The London Cabaret Club Limited
Unaudited accounts
Contents
The London Cabaret Club Limited
Company Information
for the period from 1 July 2023 to 31 December 2024
Directors
Evelina Girling
Doni Fierro Berbesi
Company Number
08570350 (England and Wales)
Registered Office
The Bloomsbury Ballroom Victoria House
Bloomsbury Square
London
WC1B 4DA
The London Cabaret Club Limited
Statement of financial position
as at 31 December 2024
Tangible assets
528,550
634,873
Cash at bank and in hand
296,345
55,847
Creditors: amounts falling due within one year
(2,319,512)
(1,343,428)
Net current liabilities
(1,634,475)
(1,140,263)
Net liabilities
(1,105,925)
(505,390)
Called up share capital
10,057,412
10,057,412
Profit and loss account
(11,163,337)
(10,562,802)
Shareholders' funds
(1,105,925)
(505,390)
For the period ending 31 December 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 13 February 2024 and were signed on its behalf by
Doni Fierro Berbesi
Director
Company Registration No. 08570350
The London Cabaret Club Limited
Notes to the Accounts
for the period from 1 July 2023 to 31 December 2024
The London Cabaret Club Limited is a private company, limited by shares, registered in England and Wales, registration number 08570350. The registered office is The Bloomsbury Ballroom Victoria House, Bloomsbury Square , London, WC1B 4DA.
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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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
Straight line over the period of lease
Fixtures & fittings
Straight line over 5 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The London Cabaret Club Limited
Notes to the Accounts
for the period from 1 July 2023 to 31 December 2024
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company in foreseeable future.
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Intangible fixed assets
Goodwill
At 31 December 2024
14,249
At 31 December 2024
14,249
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
1,319,526
189,118
112,007
1,620,651
At 31 December 2024
1,319,526
189,118
112,007
1,620,651
At 1 July 2023
700,919
189,118
95,741
985,778
Charge for the period
90,057
-
16,266
106,323
At 31 December 2024
790,976
189,118
112,007
1,092,101
At 31 December 2024
528,550
-
-
528,550
At 30 June 2023
618,607
-
16,266
634,873
Amounts falling due within one year
Trade debtors
35,793
60,284
Accrued income and prepayments
72,899
10,353
Other debtors
280,000
76,681
The London Cabaret Club Limited
Notes to the Accounts
for the period from 1 July 2023 to 31 December 2024
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
527,548
216,788
Amounts owed to group undertakings and other participating interests
602,096
-
Taxes and social security
(1,318,497)
(920,914)
Other creditors
148,757
216,976
Loans from directors
1,943,919
1,616,532
Deferred income
124,307
1,150
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Average number of employees
During the period the average number of employees was 20 (2023: 20).