Company Registration No. SC681222 (Scotland)
STAY METRO LTD
Unaudited accounts
for the year ended 30 November 2023
STAY METRO LTD
Unaudited accounts
Contents
STAY METRO LTD
Company Information
for the year ended 30 November 2023
Directors
Srikesh Gopisreesylam
Shamil Lateef
Company Number
SC681222 (Scotland)
Registered Office
C/O 10th Floor
133 Finnieston Street
Glasgow,
G3 8HB
Scotland
STAY METRO LTD
Statement of financial position
as at 30 November 2023
Called up share capital not paid
100
100
Cash at bank and in hand
7,258
-
Creditors: amounts falling due within one year
(22,550)
-
Called up share capital
100
100
Profit and loss account
980
-
Shareholders' funds
1,080
100
For the year ending 30 November 2023 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 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 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 of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by
Srikesh Gopisreesylam
Director
Company Registration No. SC681222
STAY METRO LTD
Notes to the Accounts
for the year ended 30 November 2023
STAY METRO LTD is a private company, limited by shares, registered in Scotland, registration number SC681222. The registered office is C/O 10th Floor, 133 Finnieston Street, Glasgow,, G3 8HB, Scotland.
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.
These financial statements for the year ended 30 November 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
230
-
Loans from directors
21,470
-
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).