YOURBNB LTD

Company Registration Number:
SC590351 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

YOURBNB LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Profit and Loss notes - 11

YOURBNB LTD

Company Information

for the Period Ended 31 March 2023




Director: Alastair Lees
Morag Piper
Douglas Piper
Registered office: 5b/1
Greenhill Park
Edinburgh
GBR
EH10 4DW
Company Registration Number: SC590351 (Scotland)

YOURBNB LTD

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

Managing the renting of short-term lets, primarily through Airbnb and Booking.com.

Political and charitable donations

N/A

Company policy on the employment of disabled persons

The company policy is to employ disabled people whenever necessary. Currently no members are disabled.

Additional information

N/A

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Alastair Lees
Morag Piper
Douglas Piper

This report was approved by the board of directors on 26 December 2023
And Signed On Behalf Of The Board By:

Name: Douglas Piper
Status: Director

YOURBNB LTD

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Turnover 59,836 33,985
Cost of sales ( 36,038 ) ( 14,415 )
Gross Profit or (Loss) 23,798 19,570
Administrative Expenses ( 2,159 ) ( 16,066 )
Operating Profit or (Loss) 21,639 3,504
Profit or (Loss) Before Tax 4 21,639 3,504
Tax on Profit ( 4,111 ) ( 665 )
Profit or (Loss) for Period 17,528 2,839

The notes form part of these financial statements

YOURBNB LTD

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 51,877 30,238
Total current assets: 51,877 30,238
Net current assets (liabilities): 51,877 30,238
Total assets less current liabilities: 51,877 30,238
Total net assets (liabilities): 51,877 30,238

The notes form part of these financial statements

YOURBNB LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 51,777 30,138
Shareholders funds: 51,877 30,238

For the year ending 31 March 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 26 December 2023
And Signed On Behalf Of The Board By:

Name: Douglas Piper
Status: Director

The notes form part of these financial statements

YOURBNB LTD

Notes to the Financial Statements

for the Period Ended 31 March 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

    Turnover policy

    The turnover represents income from property management.

    Tangible fixed assets depreciation policy

    N/A

    Intangible fixed assets amortisation policy

    N/A

    Valuation information and policy

    N/A

    Other accounting policies

    N/A

YOURBNB LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 3

    The 3 directors are the only 3 employees.

YOURBNB LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

YOURBNB LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4.Profit or (Loss) before tax

In period 21/22 payments to property owners were classified as administration expenses, in contrast to 22/23 where they are under cost of sales.