IRIS Accounts Production v24.2.0.383 14620947 Board of Directors 27.1.23 31.1.24 31.1.24 0 false true false false true false ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh146209472023-01-26146209472024-01-31146209472023-01-272024-01-31146209472023-01-2614620947ns15:EnglandWales2023-01-272024-01-3114620947ns14:PoundSterling2023-01-272024-01-3114620947ns10:Director12023-01-272024-01-3114620947ns10:PrivateLimitedCompanyLtd2023-01-272024-01-3114620947ns10:SmallEntities2023-01-272024-01-3114620947ns10:AuditExempt-NoAccountantsReport2023-01-272024-01-3114620947ns10:SmallCompaniesRegimeForDirectorsReport2023-01-272024-01-3114620947ns10:SmallCompaniesRegimeForAccounts2023-01-272024-01-3114620947ns10:FullAccounts2023-01-272024-01-3114620947ns10:OrdinaryShareClass12023-01-272024-01-3114620947ns10:Director22023-01-272024-01-3114620947ns10:Director32023-01-272024-01-3114620947ns10:Director42023-01-272024-01-3114620947ns10:RegisteredOffice2023-01-272024-01-3114620947ns5:CurrentFinancialInstruments2024-01-3114620947ns5:ShareCapital2024-01-3114620947ns5:RetainedEarningsAccumulatedLosses2024-01-3114620947ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3114620947ns10:OrdinaryShareClass12024-01-3114620947ns5:RetainedEarningsAccumulatedLosses2023-01-272024-01-31
REGISTERED NUMBER: 14620947 (England and Wales)















Unaudited Financial Statements

for the period

27 January 2023 to 31 January 2024

for

STAY & CO. PROPERTY MANAGEMENT SERVICES
LTD

STAY & CO. PROPERTY MANAGEMENT SERVICES
LTD (REGISTERED NUMBER: 14620947)






Contents of the Financial Statements
for the period 27 JANUARY 2023 TO 31 JANUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


STAY & CO. PROPERTY MANAGEMENT SERVICES
LTD

Company Information
for the period 27 JANUARY 2023 TO 31 JANUARY 2024







DIRECTORS: Mr M E Owen-Smith
Mrs L E Owen-Smith
Mr P Samuda
Mr A J Woodward





REGISTERED OFFICE: Global House
303 Ballards Lane
London
N12 8NP





REGISTERED NUMBER: 14620947 (England and Wales)





ACCOUNTANTS: K J Pittalis and Partners LLP
Chartered Certified Accountants
Global House
303 Ballards Lane
London
N12 8NP

STAY & CO. PROPERTY MANAGEMENT SERVICES
LTD (REGISTERED NUMBER: 14620947)

Statement of Financial Position
31 JANUARY 2024

Notes £   
CURRENT ASSETS
Debtors 4 14,975
Cash at bank 14,773
29,748
CREDITORS
Amounts falling due within one year 5 (17,240 )
NET CURRENT ASSETS 12,508
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,508

CAPITAL AND RESERVES
Called up share capital 6 200
Retained earnings 7 12,308
SHAREHOLDERS' FUNDS 12,508

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2024 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 3 September 2024 and were signed on its behalf by:





Mr P Samuda - Director


STAY & CO. PROPERTY MANAGEMENT SERVICES
LTD (REGISTERED NUMBER: 14620947)

Notes to the Financial Statements
for the period 27 JANUARY 2023 TO 31 JANUARY 2024

1. STATUTORY INFORMATION

Stay & Co. Property Management Services 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. 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 management fees receivable from the letting and operating of own or leased real estate.

Taxation
Taxation for the period 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 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 positionstatement 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 period 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.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at
amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 14,975

STAY & CO. PROPERTY MANAGEMENT SERVICES
LTD (REGISTERED NUMBER: 14620947)

Notes to the Financial Statements - continued
for the period 27 JANUARY 2023 TO 31 JANUARY 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 4,874
Tax 2,887
Other creditors 7,056
Directors' current accounts 23
Accrued expenses 2,400
17,240

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
200 ordinary shares 1 200

7. RESERVES
Retained
earnings
£   

Profit for the period 12,308
At 31 January 2024 12,308