Company Registration No. 11850721 (England and Wales)
VOYAGE STAY LTD
Unaudited accounts
for the year ended 29 February 2024
VOYAGE STAY LTD
Unaudited accounts
Contents
VOYAGE STAY LTD
Company Information
for the year ended 29 February 2024
Company Number
11850721 (England and Wales)
Registered Office
13-17 High Beech Road
Loughton
Essex
IG10 4BN
Accountants
Multiplus Tax Solutions Ltd
Suite 1 Chantal House
13-17 High Beech Road
Loughton
Essex
IG10 4BN
VOYAGE STAY LTD
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
63,038
48,364
Creditors: amounts falling due within one year
(46,065)
(24,217)
Net current assets
17,516
24,690
Total assets less current liabilities
21,260
25,490
Creditors: amounts falling due after more than one year
(14,545)
(24,567)
Called up share capital
100
100
Profit and loss account
6,615
823
Shareholders' funds
6,715
923
For the year ending 29 February 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 November 2024 and were signed on its behalf by
Andreea Seremet
Director
Company Registration No. 11850721
VOYAGE STAY LTD
Notes to the Accounts
for the year ended 29 February 2024
VOYAGE STAY LTD is a private company, limited by shares, registered in England and Wales, registration number 11850721. The registered office is 13-17 High Beech Road, Loughton, Essex, IG10 4BN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Principal activity of the business
The principal activity of the business is providing residential accommodation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance method
Computer equipment
20% reducing balance method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
1,563
-
1,563
At 29 February 2024
2,058
3,385
5,443
Charge for the year
259
677
936
At 29 February 2024
1,022
677
1,699
At 29 February 2024
1,036
2,708
3,744
At 28 February 2023
800
-
800
VOYAGE STAY LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Accrued income and prepayments
543
543
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,232
11,232
Taxes and social security
17,720
8,356
Other creditors
557
10,142
Loans from directors
15,056
(7,013)
7
Creditors: amounts falling due after more than one year
2024
2023
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Average number of employees
During the year the average number of employees was 1 (2023: 1).