REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 5 APRIL 2022 TO 30 APRIL 2023 |
FOR |
BOOK IT AND STAYED (2) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 5 APRIL 2022 TO 30 APRIL 2023 |
FOR |
BOOK IT AND STAYED (2) LIMITED |
BOOK IT AND STAYED (2) LIMITED (REGISTERED NUMBER: 14027979) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 5 APRIL 2022 TO 30 APRIL 2023 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
BOOK IT AND STAYED (2) LIMITED (REGISTERED NUMBER: 14027979) |
BALANCE SHEET |
30 APRIL 2023 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Profit and loss has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
BOOK IT AND STAYED (2) LIMITED (REGISTERED NUMBER: 14027979) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 5 APRIL 2022 TO 30 APRIL 2023 |
1. | STATUTORY INFORMATION |
Book It And Stayed (2) Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investment property |
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially |
recognised at cost, which includes the purchase cost and any directly attributable expenditure. |
Subsequently it is measured at fair value at the reporting end date. Changes in fair value are |
recognised in profit or loss. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss, 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 balance sheet date. |
Going concern |
At the time of approving the financial statements, the directors have a reasonable expectation that |
the company has adequate resources to continue in operational existence for the foreseeable |
future. Thus the directors continue to adopt the going concern basis of accounting in preparing the |
financial statements. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
BOOK IT AND STAYED (2) LIMITED (REGISTERED NUMBER: 14027979) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 5 APRIL 2022 TO 30 APRIL 2023 |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
Revaluations | 999,189 |
At 30 April 2023 |
NET BOOK VALUE |
At 30 April 2023 |
The fair value of the investment properties has been arrived at on the basis of an independent valuation carried out by surveyor for the company being Carter Jones as at 28 March 2023. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties. |
Fair value at 30 April 2023 is represented by: |
£ |
Valuation in 2023 | 999,189 |
Cost | 870,811 |
1,870,000 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Amounts owed to group undertakings |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 1 | 100 |
100 Ordinary shares of 1 each were allotted and fully paid for |