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REGISTERED NUMBER: SC500034 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

CAST AND CREW STAYS LTD

CAST AND CREW STAYS LTD (REGISTERED NUMBER: SC500034)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 MARCH 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CAST AND CREW STAYS LTD

COMPANY INFORMATION
for the year ended 31 MARCH 2023







DIRECTOR: Miss M Miller





REGISTERED OFFICE: Thomas Barrie & Co LLP
Atlantic House
1a Cadogan Street
Glasgow
G2 6QE





REGISTERED NUMBER: SC500034 (Scotland)





ACCOUNTANTS: Thomas Barrie & Co LLP
Atlantic House
1a Cadogan Street
Glasgow
G2 6QE

CAST AND CREW STAYS LTD (REGISTERED NUMBER: SC500034)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 25,605 15,214
Cash at bank 11,338 31,315
36,943 46,529
CREDITORS
Amounts falling due within one year 6 (20,501 ) (17,369 )
NET CURRENT ASSETS 16,442 29,160
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,442

29,160

CREDITORS
Amounts falling due after more than one year 7 (11,084 ) (15,335 )
NET ASSETS 5,358 13,825

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5,258 13,725
SHAREHOLDERS' FUNDS 5,358 13,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CAST AND CREW STAYS LTD (REGISTERED NUMBER: SC500034)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2023


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 director and authorised for issue on 22 December 2023 and were signed by:





Miss M Miller - Director


CAST AND CREW STAYS LTD (REGISTERED NUMBER: SC500034)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 MARCH 2023

1. STATUTORY INFORMATION

Cast and Crew Stays Ltd is a private company, limited by shares, registered in Scotland, registration number SC500034. The registered office is C/O Thomas Barrie & Co Llp Atlantic House, 1a Cadogan Street, Glasgow, Scotland, G2 6QE

The principal activity of the company is property management.

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.

The presentational and functional currency of the financial statements is Pounds Sterling (£).

Significant judgements and estimates
In preparing these financial statements, the director is required to make judgements, estimates and assumptions that affect the application of the Company's accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognised prospectively.

There are no significant judgements or estimates used in the preparation of these accounts.

Turnover
Turnover is measured at the fair value of consideration received or receivable, taking into account the amount of any discounts and rebates allowed by the entity, but excluding value added tax and other sales taxes.

Property Management Services
Agent commissions and management fees are recognised in the period in which the services have been provided.

Government grants - COVID
COVID related local authority grant funding is recognised on receipt, whereas grant funding received in relation to the Job Retention Scheme is recognised in the period in which the associated wages are paid.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

The carrying values of tangible fixed assets are reviewed for impairment if events or changes in circumstances indicate the carrying values may not be reasonable.

CAST AND CREW STAYS LTD (REGISTERED NUMBER: SC500034)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents
Cash and cash equivalents comprise cash balances, including bank overdrafts that are payable on demand and form an integral part of the company's cash management.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions
Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount is recognised as finance 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

CAST AND CREW STAYS LTD (REGISTERED NUMBER: SC500034)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 1,600
DEPRECIATION
At 1 April 2022
and 31 March 2023 1,600
NET BOOK VALUE
At 31 March 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 12,012 3,362
Amounts owed by associates 13,171 11,430
Other debtors 422 422
25,605 15,214

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,248 4,248
Taxation and social security 2,244 8,210
Other creditors 14,009 4,911
20,501 17,369

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 11,084 15,335

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £18,100 (2022 - £21,000) were paid to the director .