IRIS Accounts Production v24.2.0.383 11658298 Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116582982022-11-30116582982023-11-30116582982022-12-012023-11-30116582982021-11-30116582982021-12-012022-11-30116582982022-11-3011658298ns15:EnglandWales2022-12-012023-11-3011658298ns14:PoundSterling2022-12-012023-11-3011658298ns10:Director12022-12-012023-11-3011658298ns10:Director22022-12-012023-11-3011658298ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3011658298ns10:SmallEntities2022-12-012023-11-3011658298ns10:AuditExemptWithAccountantsReport2022-12-012023-11-3011658298ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3011658298ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3011658298ns10:FullAccounts2022-12-012023-11-3011658298ns10:OrdinaryShareClass12022-12-012023-11-3011658298ns10:RegisteredOffice2022-12-012023-11-3011658298ns5:CurrentFinancialInstruments2023-11-3011658298ns5:CurrentFinancialInstruments2022-11-3011658298ns5:Non-currentFinancialInstruments2023-11-3011658298ns5:Non-currentFinancialInstruments2022-11-3011658298ns5:ShareCapital2023-11-3011658298ns5:ShareCapital2022-11-3011658298ns5:RetainedEarningsAccumulatedLosses2023-11-3011658298ns5:RetainedEarningsAccumulatedLosses2022-11-3011658298ns5:PlantMachinery2022-12-012023-11-3011658298ns5:FurnitureFittings2022-12-012023-11-3011658298ns5:MotorVehicles2022-12-012023-11-3011658298ns5:ComputerEquipment2022-12-012023-11-3011658298ns5:PlantMachinery2022-11-3011658298ns5:FurnitureFittings2022-11-3011658298ns5:MotorVehicles2022-11-3011658298ns5:ComputerEquipment2022-11-3011658298ns5:PlantMachinery2023-11-3011658298ns5:FurnitureFittings2023-11-3011658298ns5:MotorVehicles2023-11-3011658298ns5:ComputerEquipment2023-11-3011658298ns5:PlantMachinery2022-11-3011658298ns5:FurnitureFittings2022-11-3011658298ns5:MotorVehicles2022-11-3011658298ns5:ComputerEquipment2022-11-3011658298ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3011658298ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3011658298ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-11-3011658298ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-11-3011658298ns5:DeferredTaxation2022-12-012023-11-3011658298ns5:DeferredTaxation2023-11-3011658298ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 11658298 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 November 2023

for

365 Accommodations Ltd

365 Accommodations Ltd (Registered number: 11658298)

Contents of the Financial Statements
for the Year Ended 30 November 2023










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


365 Accommodations Ltd

Company Information
for the Year Ended 30 November 2023







Directors: Mrs K Uzpelke
M Uzpelkis





Registered office: Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB





Business address: 36 Windsor Drive
Spalding
Lincolnshire
PE11 2RP





Registered number: 11658298 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
365 Accommodations Ltd


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 365 Accommodations Ltd for the year ended 30 November 2023 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of 365 Accommodations Ltd, as a body, in accordance with the terms of our engagement letter dated 15 March 2024. Our work has been undertaken solely to prepare for your approval the financial statements of 365 Accommodations Ltd and state those matters that we have agreed to state to the Board of Directors of 365 Accommodations Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 365 Accommodations Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that 365 Accommodations Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 365 Accommodations Ltd. You consider that 365 Accommodations Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of 365 Accommodations Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


30 August 2024

365 Accommodations Ltd (Registered number: 11658298)

Statement of Financial Position
30 November 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 5 9,164 3,104

Current assets
Debtors 6 50,620 51,173
Cash at bank and in hand 154,991 86,672
205,611 137,845
Creditors
Amounts falling due within one year 7 125,498 94,975
Net current assets 80,113 42,870
Total assets less current liabilities 89,277 45,974

Creditors
Amounts falling due after more than one
year

8

-

(24,803

)

Provisions for liabilities 9 (106 ) -
Net assets 89,171 21,171

Capital and reserves
Called up share capital 10 1 1
Retained earnings 89,170 21,170
Shareholders' funds 89,171 21,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

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.

365 Accommodations Ltd (Registered number: 11658298)

Statement of Financial Position - continued
30 November 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:




Mrs K Uzpelke - Director



M Uzpelkis - Director


365 Accommodations Ltd (Registered number: 11658298)

Notes to the Financial Statements
for the Year Ended 30 November 2023


1. Statutory information

365 Accommodations 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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 - 25% reducing balance
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

365 Accommodations Ltd (Registered number: 11658298)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


4. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

5. Tangible fixed assets
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 December 2022 5,573 600 - 1,987 8,160
Additions - - 9,300 1,576 10,876
Disposals (5,573 ) - - - (5,573 )
At 30 November 2023 - 600 9,300 3,563 13,463
Depreciation
At 1 December 2022 3,812 410 - 834 5,056
Charge for year - 48 2,325 682 3,055
Eliminated on disposal (3,812 ) - - - (3,812 )
At 30 November 2023 - 458 2,325 1,516 4,299
Net book value
At 30 November 2023 - 142 6,975 2,047 9,164
At 30 November 2022 1,761 190 - 1,153 3,104

6. Debtors: amounts falling due within one year
2023 2022
£    £   
K M Properties (Lincs) Ltd 40,000 40,550
Directors' loan accounts 10,620 10,623
50,620 51,173

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts - 10,648
Trade creditors 3,044 12,613
Corporation tax 24,146 11,179
VAT 9,039 -
Deposits held 85,889 43,606
Accruals and deferred income 3,380 16,929
125,498 94,975

8. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans - 24,803

365 Accommodations Ltd (Registered number: 11658298)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


9. Provisions for liabilities
2023 2022
£    £   
Deferred tax 106 -

Deferred
tax
£   
Provided during year 106
Balance at 30 November 2023 106

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary shares 1 1 1

11. Director's advances, credits and guarantees

The directors loan account balance at 30 November 2023 was £10,620 overdrawn (2022 £10,623 overdrawn).Advances in the year totalled £11,932 and repayments in the year totalled £11,935. Interest has been charged on the overdrawn loan from 6 April 2023 at 2.25%.