Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 12331868 Mr Wajahat Ali iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12331868 2022-11-30 12331868 2023-11-30 12331868 2022-12-01 2023-11-30 12331868 frs-core:CurrentFinancialInstruments 2023-11-30 12331868 frs-core:Non-currentFinancialInstruments 2023-11-30 12331868 frs-core:ShareCapital 2023-11-30 12331868 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 12331868 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12331868 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 12331868 frs-bus:SmallEntities 2022-12-01 2023-11-30 12331868 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12331868 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 12331868 frs-bus:Director1 2022-12-01 2023-11-30 12331868 frs-countries:EnglandWales 2022-12-01 2023-11-30 12331868 2021-11-30 12331868 2022-11-30 12331868 2021-12-01 2022-11-30 12331868 frs-core:CurrentFinancialInstruments 2022-11-30 12331868 frs-core:Non-currentFinancialInstruments 2022-11-30 12331868 frs-core:ShareCapital 2022-11-30 12331868 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 12331868
Safestay Accommodation Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 12331868
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 41,392 42,279
Cash at bank and in hand 6,739 9,715
48,131 51,994
Creditors: Amounts Falling Due Within One Year 5 (11,473 ) (12,048 )
NET CURRENT ASSETS (LIABILITIES) 36,658 39,946
TOTAL ASSETS LESS CURRENT LIABILITIES 36,658 39,946
Creditors: Amounts Falling Due After More Than One Year 6 (24,481 ) (35,000 )
NET ASSETS 12,177 4,946
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 12,176 4,945
SHAREHOLDERS' FUNDS 12,177 4,946
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Wajahat Ali
Director
30th August 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Safestay Accommodation Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12331868 . The registered office is 40 Finnemore Road, Birmingham, B9 5XN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 14,033 7,618
Other debtors 27,359 34,661
41,392 42,279
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 9,792 10,000
Corporation tax 626 1,023
Accruals and deferred income 1,055 1,025
11,473 12,048
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 24,481 35,000
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 2