THE LOUNGE BEXHILL LTD

Company Registration Number:
14371548 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

THE LOUNGE BEXHILL LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

THE LOUNGE BEXHILL LTD

Company Information

for the Period Ended 30 September 2024




Director: CHARLES DURLING
Registered office: 32
Devonshire Road
Bexhill-On-Sea
England
TN40 1AS
Company Registration Number: 14371548 (England and Wales)

THE LOUNGE BEXHILL LTD

Directors' Report Period Ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Directors

The directors shown below have held office during the whole of the period from 01 October 2023 to 30 September 2024
CHARLES DURLING

This report was approved by the board of directors on 1 July 2025
And Signed On Behalf Of The Board By:

Name: CHARLES DURLING
Status: Director

THE LOUNGE BEXHILL LTD

Profit and Loss Account

for the Period Ended 30 September 2024


Notes

2024
£

2023
£
Turnover 318,537 161,534
Cost of sales ( 124,803 ) ( 119,183 )
Gross Profit or (Loss) 193,734 42,351
Administrative Expenses ( 188,763 ) ( 41,588 )
Operating Profit or (Loss) 4,971 763
Profit or (Loss) Before Tax 4,971 763
Profit or (Loss) for Period 4,971 763

The notes form part of these financial statements

THE LOUNGE BEXHILL LTD

Balance sheet

As at 30 September 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 106,715 33,606
Total fixed assets: 106,715 33,606
Current assets
Stocks: 27,579 11,550
Cash at bank and in hand: 14,116 15,270
Total current assets: 41,695 26,820
Creditors: amounts falling due within one year: 5 ( 32,604 ) ( 40,742 )
Net current assets (liabilities): 9,091 ( 13,922 )
Total assets less current liabilities: 115,806 19,684
Creditors: amounts falling due after more than one year: 6 ( 110,070 ) ( 18,920 )
Total net assets (liabilities): 5,736 764

The notes form part of these financial statements

THE LOUNGE BEXHILL LTD

Balance sheet continued

As at 30 September 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 5,735 763
Shareholders funds: 5,736 764

For the year ending 30 September 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 July 2025
And Signed On Behalf Of The Board By:

Name: CHARLES DURLING
Status: Director

The notes form part of these financial statements

THE LOUNGE BEXHILL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE LOUNGE BEXHILL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 13 10

THE LOUNGE BEXHILL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

THE LOUNGE BEXHILL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Total
Cost £ £ £ £
At 01 October 2023 - 33,606 - 33,606
Additions - 73,109 - 73,109
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 30 September 2024 - 106,715 - 106,715
Depreciation
At 01 October 2023 - - - -
Charge for year - - - -
On disposals - - - -
Other adjustments - - - -
At 30 September 2024 - - - -
Net book value
At 30 September 2024 - 106,715 - 106,715
At 30 September 2023 - 33,606 - 33,606

THE LOUNGE BEXHILL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 6,249 3,324
Taxation and social security 4,303
Accruals and deferred income 26,355
Other creditors 33,115
Total 32,604 40,742

THE LOUNGE BEXHILL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 31,767 18,920
Other creditors 78,303
Total 110,070 18,920