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REGISTERED NUMBER: 11993744 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

COTSWOLD SERVICED APARTMENTS LTD

COTSWOLD SERVICED APARTMENTS LTD (REGISTERED NUMBER: 11993744)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COTSWOLD SERVICED APARTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: M Durrant





SECRETARY:





REGISTERED OFFICE: Unit 10
Bramery Business Park
Alstone Lane
Cheltenham
Gloucestershire
GL51 8HE





REGISTERED NUMBER: 11993744 (England and Wales)





ACCOUNTANTS: Devereux & Co
2 Court Mews
268 London Road
Charlton Kings
Cheltenham
Gloucestershire
GL52 6HS

COTSWOLD SERVICED APARTMENTS LTD (REGISTERED NUMBER: 11993744)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,281 34,619

CURRENT ASSETS
Debtors 5 12,445 4,816
Cash at bank 9,605 11,621
22,050 16,437
CREDITORS
Amounts falling due within one year 6 207,538 171,396
NET CURRENT LIABILITIES (185,488 ) (154,959 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(155,207

)

(120,340

)

CREDITORS
Amounts falling due after more than one
year

7

10,000

20,023
NET LIABILITIES (165,207 ) (140,363 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (165,208 ) (140,364 )
SHAREHOLDERS' FUNDS (165,207 ) (140,363 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

COTSWOLD SERVICED APARTMENTS LTD (REGISTERED NUMBER: 11993744)

BALANCE SHEET - continued
31 MAY 2024


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 10 August 2024 and were signed by:





M Durrant - Director


COTSWOLD SERVICED APARTMENTS LTD (REGISTERED NUMBER: 11993744)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Cotswold Serviced Apartments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 53,829
Additions 1,300
At 31 May 2024 55,129
DEPRECIATION
At 1 June 2023 19,210
Charge for year 5,638
At 31 May 2024 24,848
NET BOOK VALUE
At 31 May 2024 30,281
At 31 May 2023 34,619

COTSWOLD SERVICED APARTMENTS LTD (REGISTERED NUMBER: 11993744)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,560 4,489
Other debtors 1,885 327
12,445 4,816

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 156,101 120,972
Taxation and social security 2,992 2,086
Other creditors 38,445 38,338
207,538 171,396

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 10,000 20,023

8. ULTIMATE CONTROLLING PARTY

The controlling party is M Durrant.