Company Registration No. 14460937 (England and Wales)
Titanic Lounge Ltd
Unaudited accounts
for the year ended 30 November 2024
Titanic Lounge Ltd
Unaudited accounts
Contents
Titanic Lounge Ltd
Company Information
for the year ended 30 November 2024
Company Number
14460937 (England and Wales)
Registered Office
Flat A 469 High Road
Leytonstone
London
E11 4JU
United Kingdom
Accountants
DNG Associates
214 Baker Street
Enfield
EN1 3JY
Titanic Lounge Ltd
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
352
-
Creditors: amounts falling due within one year
(1,060)
-
Net current (liabilities)/assets
(708)
100
Net (liabilities)/assets
(708)
100
Called up share capital
100
100
Profit and loss account
(808)
-
Shareholders' funds
(708)
100
For the year ending 30 November 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 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 29 July 2025 and were signed on its behalf by
Mr H A R Salah
Director
Company Registration No. 14460937
Titanic Lounge Ltd
Notes to the Accounts
for the year ended 30 November 2024
Titanic Lounge Ltd is a private company, limited by shares, registered in England and Wales, registration number 14460937. The registered office is Flat A 469 High Road, Leytonstone, London, E11 4JU, United Kingdom.
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.
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.
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 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.
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 during this uncertain period.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
660
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Titanic Lounge Ltd
Notes to the Accounts
for the year ended 30 November 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
-
-
660
(660)
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).