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REGISTERED NUMBER: 09907469 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

YORK APARTHOTEL LIMITED

YORK APARTHOTEL LIMITED (REGISTERED NUMBER: 09907469)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


YORK APARTHOTEL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: R Paskauskas
Mrs M Paskauskas
Ms N M Paskauskas





REGISTERED OFFICE: 11 Concorde Park
Clifton Moor
York
North Yorkshire
YO30 4WT





REGISTERED NUMBER: 09907469 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

YORK APARTHOTEL LIMITED (REGISTERED NUMBER: 09907469)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,387 22,024

CURRENT ASSETS
Stocks 460 460
Debtors 5 22,778 34,760
Cash at bank 137,298 110,451
160,536 145,671
CREDITORS
Amounts falling due within one year 6 37,702 14,148
NET CURRENT ASSETS 122,834 131,523
TOTAL ASSETS LESS CURRENT LIABILITIES 143,221 153,547

CREDITORS
Amounts falling due after more than one year 7 (8,263 ) (14,072 )

PROVISIONS FOR LIABILITIES (1,634 ) (2,152 )
NET ASSETS 133,324 137,323

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 133,224 137,223
SHAREHOLDERS' FUNDS 133,324 137,323

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

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 Board of Directors and authorised for issue on 31st August 2024 and were signed on its behalf by:




R Paskauskas - Director


YORK APARTHOTEL LIMITED (REGISTERED NUMBER: 09907469)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

York Aparthotel Limited 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 represents net invoiced services.

Revenue is recognised once the service has been completed and where it is virtually certain that payment will be received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Government grants
Leisure Grant Fund (RHLGF) income for which there are no future performance-related conditions are recognised as income in the period in which it becomes receivable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

YORK APARTHOTEL LIMITED (REGISTERED NUMBER: 09907469)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1st January 2023 22,021 28,722 630 51,373
Additions - - 3,445 3,445
At 31st December 2023 22,021 28,722 4,075 54,818
DEPRECIATION
At 1st January 2023 11,564 17,255 530 29,349
Charge for year 1,046 2,866 1,170 5,082
At 31st December 2023 12,610 20,121 1,700 34,431
NET BOOK VALUE
At 31st December 2023 9,411 8,601 2,375 20,387
At 31st December 2022 10,457 11,467 100 22,024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 22,778 34,760

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,795 5,795
Trade creditors 825 664
Taxation and social security 11,722 4,950
Other creditors 19,360 2,739
37,702 14,148

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 8,263 14,072

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year under review the director made transactions with the company.

The company made advances totalling £12,322 (2022 - £10,771) and this was offset by credits totalling £26,016 (2022 - £17,274).

At the year end, the amount owed to the director was £504 (2022 - £13,190 owed to the company) and this is included within other creditors (2022 - other debtors).

This balance has no interest charged thereon.

There are no conditions attached to advances to the director, however, the director must ensure that this is not detrimental to the company.

YORK APARTHOTEL LIMITED (REGISTERED NUMBER: 09907469)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

9. RELATED PARTY DISCLOSURES

During the year, the company made transactions with YSL Videowall Hire Limited, a company the directors are also directors of.

The balance at the year end is £1,027 (2022 - £587) and this is included in other debtors.