Sash Lounge Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 16259659

		28 February 2026
	Notes	£	£
CURRENT ASSETS
Cash at bank and in hand		53

		53
Creditors: Amounts Falling Due Within One Year	4	(650 )

NET CURRENT ASSETS (LIABILITIES)			(597 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(597 )

NET LIABILITIES			(597 )

CAPITAL AND RESERVES
Called up share capital	5		1
Profit and Loss Account			(598 )

SHAREHOLDERS' FUNDS			(597)

For the period ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Olakunle Ogunsakin

Director

8th May 2026

The notes on page 2 form part of these financial statements.

1. General Information

Sash Lounge Limited is a private company, limited by shares, incorporated in England & Wales, registered number 16259659 . The registered office is 54-56 King Street King Street, Wigan, WN1 1BT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 3

4. Creditors: Amounts Falling Due Within One Year

	28 February 2026
	£
Other creditors	650

5. Share Capital

	28 February 2026
	£
Allotted, Called up and fully paid	1

6. Ultimate Controlling Party

The company's ultimate controlling party is Olakunle OGUNSAKIN by virtue of his ownership of 100% of the issued share capital in the company.

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