SOPHISTICATED STAYS LIMITED

Company Registration Number:
10032149 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

SOPHISTICATED STAYS LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SOPHISTICATED STAYS LIMITED

Company Information

for the Period Ended 29 February 2024




Director: Bryan Matthews
Dawn Matthews
Registered office: Keepers Cottage, Help Out Mill
Shackerstone Lane
Shackerstone
Nuneaton
England
CV13 0BT
Company Registration Number: 10032149 (England and Wales)

SOPHISTICATED STAYS LIMITED

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
Bryan Matthews
Dawn Matthews

This report was approved by the board of directors on 28 November 2024
And Signed On Behalf Of The Board By:

Name: Bryan Matthews
Status: Director

SOPHISTICATED STAYS LIMITED

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 414,323 413,524
Total fixed assets: 414,323 413,524
Current assets
Cash at bank and in hand: 5,095 1,926
Total current assets: 5,095 1,926
Creditors: amounts falling due within one year: 5 ( 663,635 ) ( 506,635 )
Net current assets (liabilities): ( 658,540 ) ( 504,709 )
Total assets less current liabilities: ( 244,217 ) ( 91,185 )
Creditors: amounts falling due after more than one year: 6 ( 136,766 )
Total net assets (liabilities): ( 244,217 ) ( 227,951 )

The notes form part of these financial statements

SOPHISTICATED STAYS LIMITED

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 244,317 ) ( 228,051 )
Shareholders funds: ( 244,217 ) ( 227,951 )

For the year ending 29 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

This report was approved by the board of directors on 28 November 2024
And Signed On Behalf Of The Board By:

Name: Bryan Matthews
Status: Director

The notes form part of these financial statements

SOPHISTICATED STAYS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SOPHISTICATED STAYS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

SOPHISTICATED STAYS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

SOPHISTICATED STAYS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible assets

Land & buildings Fixtures & fittings Total
Cost £ £ £
At 01 March 2023 409,003 13,144 422,147
Additions 0 2,129 2,129
Disposals ( 0 ) ( 0 ) ( 0 )
Revaluations 0 0 0
Transfers 0 0 0
At 29 February 2024 409,003 15,273 424,276
Depreciation
At 01 March 2023 0 8,623 8,623
Charge for year 0 1,330 1,330
On disposals ( 0 ) ( 0 ) ( 0 )
Other adjustments 0 0 0
At 29 February 2024 0 9,953 9,953
Net book value
At 29 February 2024 409,003 5,320 414,323
At 28 February 2023 409,003 4,521 413,524

SOPHISTICATED STAYS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Other creditors 663,635 506,635
Total 663,635 506,635

SOPHISTICATED STAYS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 136,766
Total 136,766