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Company Registration No. 12160468 (England and Wales)
LONDON2STAY LTD Unaudited accounts for the year ended 31 August 2023
LONDON2STAY LTD Unaudited accounts Contents
Page
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LONDON2STAY LTD Company Information for the year ended 31 August 2023
Director
Luigi BORZI'
Company Number
12160468 (England and Wales)
Registered Office
UNIT 12A BRICKFIELDS INDUSTRIAL ESTATE FINWAY ROAD HEMEL HEMPSTEAD HERTFORDSHIRE HP2 7QA
Accountants
RK ACCOUNTANTS LTD HALL 1 THE WHITECHAPEL CENTRE 85 MYRDLE STREET LONDON E1 1HL
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LONDON2STAY LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,500 
- 
Current assets
Debtors
76,815 
77,661 
Cash at bank and in hand
7,035 
15,258 
83,850 
92,919 
Creditors: amounts falling due within one year
(6,567)
(10,185)
Net current assets
77,283 
82,734 
Total assets less current liabilities
86,783 
82,734 
Creditors: amounts falling due after more than one year
(38,978)
(42,626)
Net assets
47,805 
40,108 
Capital and reserves
Share premium
100 
100 
Profit and loss account
47,705 
40,008 
Shareholders' funds
47,805 
40,108 
For the year ending 31 August 2023 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 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 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 3 January 2024 and were signed on its behalf by
Luigi BORZI' Director Company Registration No. 12160468
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LONDON2STAY LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
LONDON2STAY LTD is a private company, limited by shares, registered in England and Wales, registration number 12160468. The registered office is UNIT 12A BRICKFIELDS INDUSTRIAL ESTATE, FINWAY ROAD, HEMEL HEMPSTEAD, HERTFORDSHIRE, HP2 7QA.
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 remained unchanged from the previous year, and also 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.
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:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 September 2022
- 
Additions
9,500 
At 31 August 2023
9,500 
Depreciation
At 31 August 2023
- 
Net book value
At 31 August 2023
9,500 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
846 
Other debtors
76,815 
76,815 
76,815 
77,661 
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LONDON2STAY LTD Notes to the Accounts for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,805 
9,185 
Other creditors
4,762 
1,000 
6,567 
10,185 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
38,978 
42,626 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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