REGISTERED NUMBER: 14418635 (England and Wales)

Financial Statements for the Year Ended 31 October 2024

for

Roxana Lounge Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

V Dautaj

I Docaj

REGISTERED OFFICE:

106 Cherry Hinton Road

Cambridge

CB1 7AJ

REGISTERED NUMBER:

14418635 (England and Wales)

ACCOUNTANTS:

Ortenz & Co Ltd

354 High Street North

East Ham

London

E12 6PH

FIXED ASSETS

Tangible assets

4

32,514

24,313

CURRENT ASSETS

Debtors

5

3,526

6,078

Cash at bank and in hand

4,391

1,495

7,917

7,573

CREDITORS

Amounts falling due within one year

6

52,371

28,223

NET CURRENT LIABILITIES

(44,454

)

(20,650

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,940

)

3,663

CREDITORS

Amounts falling due after more than one year

7

60,760

56,050

NET LIABILITIES

(72,700

)

(52,387

)

CAPITAL AND RESERVES

Called up share capital

200

100

Retained earnings

8

(72,900

)

(52,487

)

SHAREHOLDERS' FUNDS

(72,700

)

(52,387

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2025 and were signed on its behalf by:

V Dautaj - Director

1.	STATUTORY INFORMATION

Roxana Lounge Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 historical cost convention.

Turnover

Turnover represents net invoiced sales of services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 November 2023

17,910

12,481

30,391

Additions

-

17,850

17,850

At 31 October 2024

17,910

30,331

48,241

DEPRECIATION

At 1 November 2023

3,582

2,496

6,078

Charge for year

3,582

6,067

9,649

At 31 October 2024

7,164

8,563

15,727

NET BOOK VALUE

At 31 October 2024

10,746

21,768

32,514

At 31 October 2023

14,328

9,985

24,313

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

VAT

3,526

6,078

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Trade creditors

(1

)

(1

)

Social security and other taxes

836

-

Directors' current accounts

49,856

27,120

Accrued expenses

1,680

1,104

52,371

28,223

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.24

31.10.23

£

£

Other loans - 1-2 years

60,760

56,050

8.

RESERVES

Retained

earnings

£

At 1 November 2023

(52,487

)

Deficit for the year

(20,413

)

At 31 October 2024

(72,900

)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Ortenz & Co Ltd

354 High Street North

East Ham

London

E12 6PH

13 February 2025