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Company Registration No. 16032886 (England and Wales)
Cousins Lounge Limited Unaudited accounts for the period from 21 October 2024 to 31 October 2025
Cousins Lounge Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Cousins Lounge Limited Company Information for the period from 21 October 2024 to 31 October 2025
Director
Ms Anna GOLUBOVSKAYA
Company Number
16032886 (England and Wales)
Registered Office
Flat 6 Longport Canterbury Kent CT1 1PE England
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JY
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Cousins Lounge Limited Statement of financial position as at 31 October 2025
2025
Notes
£
Fixed assets
Intangible assets
4
6,514
Tangible assets
5
45,595
52,109
Current assets
Inventories
1,124
Debtors
6
5,500
Cash at bank and in hand
5,937
12,561
Creditors: amounts falling due within one year
7
(100,212)
Net current liabilities
(87,651)
Net liabilities
(35,542)
Capital and reserves
Called up share capital
8
100
Profit and loss account
(35,642)
Shareholders' funds
(35,542)
For the period ending 31 October 2025 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 her 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 19 August 2026 and were signed on its behalf by
Ms Anna GOLUBOVSKAYA Director Company Registration No. 16032886
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Cousins Lounge Limited Notes to the Accounts for the period from 21 October 2024 to 31 October 2025
1
Statutory information
Cousins Lounge Limited is a private company, limited by shares, registered in England and Wales, registration number 16032886. The registered office is Flat, 6 Longport, Canterbury, Kent, CT1 1PE, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
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:
Fixtures & fittings
18% - Reducing balance method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Going concern
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.
Reporting Period
The company has been incorporated on 21 October 2024 and started trading as of 10 October 2025. Thus, the reporting period for these accounts are from 10 October 2025 to 31 October 2025.
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Cousins Lounge Limited Notes to the Accounts for the period from 21 October 2024 to 31 October 2025
4
Intangible fixed assets
Other
£
Cost
At 21 October 2024
-
Additions
7,600
At 31 October 2025
7,600
Amortisation
At 21 October 2024
-
Charge for the period
1,086
At 31 October 2025
1,086
Net book value
At 31 October 2025
6,514
5
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 21 October 2024
-
Additions
55,604
At 31 October 2025
55,604
Depreciation
Charge for the period
10,009
At 31 October 2025
10,009
Net book value
At 31 October 2025
45,595
6
Debtors
2025
£
Amounts falling due after more than one year
Other debtors
5,500
7
Creditors: amounts falling due within one year
2025
£
Loans from directors
99,372
Accruals
840
100,212
8
Share capital
2025
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
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Cousins Lounge Limited Notes to the Accounts for the period from 21 October 2024 to 31 October 2025
9
Transactions with related parties
Included within other creditors is an amount of £99,372 due to its directors. There are no terms as to interest or repayment in respect of this balance.
10
Average number of employees
During the period the average number of employees was 0.
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