IRIS Accounts Production v24.2.0.383 03894435 director 1.10.22 30.9.23 30.9.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038944352022-09-30038944352023-09-30038944352022-10-012023-09-30038944352021-09-30038944352021-10-012022-09-30038944352022-09-3003894435ns15:EnglandWales2022-10-012023-09-3003894435ns14:PoundSterling2022-10-012023-09-3003894435ns10:Director12022-10-012023-09-3003894435ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3003894435ns10:SmallEntities2022-10-012023-09-3003894435ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3003894435ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3003894435ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3003894435ns10:FullAccounts2022-10-012023-09-3003894435ns10:OrdinaryShareClass12022-10-012023-09-3003894435ns10:CompanySecretary12022-10-012023-09-3003894435ns10:RegisteredOffice2022-10-012023-09-3003894435ns5:CurrentFinancialInstruments2023-09-3003894435ns5:CurrentFinancialInstruments2022-09-3003894435ns5:Non-currentFinancialInstruments2023-09-3003894435ns5:Non-currentFinancialInstruments2022-09-3003894435ns5:ShareCapital2023-09-3003894435ns5:ShareCapital2022-09-3003894435ns5:RetainedEarningsAccumulatedLosses2023-09-3003894435ns5:RetainedEarningsAccumulatedLosses2022-09-3003894435ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3003894435ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3003894435ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-09-3003894435ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-09-3003894435ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-09-3003894435ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-09-3003894435ns10:OrdinaryShareClass12023-09-30
REGISTERED NUMBER: 03894435 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

HOMESTAY LIMITED

HOMESTAY LIMITED (REGISTERED NUMBER: 03894435)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HOMESTAY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: C Stone





SECRETARY: R C Pond





REGISTERED OFFICE: Arnett House
Hawks Lane
CANTERBURY
Kent
CT1 2NU





REGISTERED NUMBER: 03894435 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
Charlton House
Dour Street
DOVER
Kent
CT16 1BL

HOMESTAY LIMITED (REGISTERED NUMBER: 03894435)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 43,577 50,337
Cash at bank 31,305 15,869
74,882 66,206
CREDITORS
Amounts falling due within one year 5 29,690 11,809
NET CURRENT ASSETS 45,192 54,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,192

54,397

CREDITORS
Amounts falling due after more than one
year

6

18,210

28,273
NET ASSETS 26,982 26,124

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 26,980 26,122
SHAREHOLDERS' FUNDS 26,982 26,124

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

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

The director acknowledges his 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 director and authorised for issue on 10 September 2024 and were signed by:




C Stone - Director


HOMESTAY LIMITED (REGISTERED NUMBER: 03894435)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Homestay 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.

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


The company's principal place of business is Arnett House, Hawks Lane, Canterbury, Kent, CT1 2NU.

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 sales of courses and training, adjusted for income received in advance, and excluding value added tax.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
The director believes that it is appropriate to prepare the financial statements on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future on the basis of the company's plans.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 43,577 40,777
Amounts owed by group undertakings - 9,560
43,577 50,337

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,064 9,809
Trade creditors - 833
Amounts owed to group undertakings 13,810 -
Tax 33 33
Other creditors and accruals 5,783 1,134
29,690 11,809

HOMESTAY LIMITED (REGISTERED NUMBER: 03894435)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 10,319 10,064
Bank loans - 2-5 years 7,891 18,209
18,210 28,273

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

8. RELATED PARTY DISCLOSURES

During the year the company had net costs totalling £23,370 (2022 net costs - £29,252) from Concorde (International) Summer Schools Limited (the parent company). At the year end £13,810 was payable (2022 - £9,560 receivable) by the company to Concorde (International) Summer Schools Limited in respect of these transactions and no interest is chargeable on the outstanding balance.

9. ULTIMATE PARENT COMPANY

The company is a wholly owned subsidiary of Concorde (International) Summer Schools Limited, a company incorporated in England and Wales, registered office Charlton House, Dour Street, Dover, CT16 1BL, and regarded by the director as being the ultimate parent company