2023-04-012024-03-312024-03-31false11468061STAYLAZY 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STAYLAZY LIMITED

Registered Number
11468061
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

STAYLAZY LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

STAITE, Matthew Tristan

Registered Address

4 Roach Road
322 Omega Works
London
E3 2GZ

Registered Number

11468061 (England and Wales)
STAYLAZY LIMITED
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets318,66016,357
18,66016,357
Current assets
Debtors82,71544,707
Cash at bank and on hand10,8952,684
93,61047,391
Creditors amounts falling due within one year4(96,537)(42,228)
Net current assets (liabilities)(2,927)5,163
Total assets less current liabilities15,73321,520
Creditors amounts falling due after one year5(15,417)(19,957)
Net assets3161,563
Capital and reserves
Called up share capital11
Profit and loss account3151,562
Shareholders' funds3161,563
The financial statements were approved and authorised for issue by the Director on 21 August 2024, and are signed on its behalf by:
STAITE, Matthew Tristan
Director
Registered Company No. 11468061
STAYLAZY LIMITED
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery10-
Office Equipment-5
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 April 2320,0953,54023,635
Transfers4,690-4,690
At 31 March 2424,7853,54028,325
Depreciation and impairment
At 01 April 236,3898897,278
Charge for year1,6797082,387
At 31 March 248,0681,5979,665
Net book value
At 31 March 2416,7171,94318,660
At 31 March 2313,7062,65116,357
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables8,8745,568
Bank borrowings and overdrafts20,562-
Taxation and social security66,70034,984
Finance lease and HP contracts-1,081
Accrued liabilities and deferred income401595
Total96,53742,228
5.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts15,41719,957
Total15,41719,957
6.Obligations under finance leases