SOPHISTICATED STAYS LIMITED

Company Registration Number:
10032149 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

SOPHISTICATED STAYS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

SOPHISTICATED STAYS LIMITED

Company Information

for the Period Ended 28 February 2023




Director: Bryan Matthews
Dawn Matthews
Registered office: 27
Main Road
Bilstone
Nuneaton
Warwickshire
England
CV13 6NG
Company Registration Number: 10032149 (England and Wales)

SOPHISTICATED STAYS LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 413,524 415,406
Total fixed assets: 413,524 415,406
Current assets
Cash at bank and in hand: 1,926 13,967
Total current assets: 1,926 13,967
Creditors: amounts falling due within one year: 5 ( 506,635 ) ( 509,488 )
Net current assets (liabilities): ( 504,709 ) ( 495,521 )
Total assets less current liabilities: ( 91,185 ) ( 80,115 )
Creditors: amounts falling due after more than one year: 6 ( 136,766 ) ( 133,884 )
Total net assets (liabilities): ( 227,951 ) ( 213,999 )

The notes form part of these financial statements

SOPHISTICATED STAYS LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 228,051 ) ( 214,099 )
Shareholders funds: ( 227,951 ) ( 213,999 )

For the year ending 28 February 2023 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 9 November 2023
And Signed On Behalf Of The Board By:

Name: Bryan Matthews
Status: Director

The notes form part of these financial statements

SOPHISTICATED STAYS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 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

SOPHISTICATED STAYS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

SOPHISTICATED STAYS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

SOPHISTICATED STAYS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Land & buildings Fixtures & fittings Total
Cost £ £ £
At 01 March 2022 409,003 13,896 422,899
Additions - - -
Disposals - ( 752 ) ( 752 )
Revaluations - - -
Transfers - - -
At 28 February 2023 409,003 13,144 422,147
Depreciation
At 01 March 2022 - 7,493 7,493
Charge for year - 1,130 1,130
On disposals - - -
Other adjustments - - -
At 28 February 2023 - 8,623 8,623
Net book value
At 28 February 2023 409,003 4,521 413,524
At 28 February 2022 409,003 6,403 415,406

SOPHISTICATED STAYS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 0 7,303
Other creditors 506,635 502,185
Total 506,635 509,488

SOPHISTICATED STAYS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

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


2023
£

2022
£
Bank loans and overdrafts 136,766 133,884
Total 136,766 133,884