Company Registration No. 14880598 (England and Wales)
Stay Basingstoke Limited
Unaudited accounts
for the period from 19 May 2023 to 31 May 2024
Stay Basingstoke Limited
Unaudited accounts
Contents
Stay Basingstoke Limited
Company Information
for the period from 19 May 2023 to 31 May 2024
Company Number
14880598 (England and Wales)
Registered Office
Winton House
Winton Square
BASINGSTOKE
Hampshire
RG21 8EN
United Kingdom
Accountants
Cranleys Chartered Accountants
Winton House
Winton Square
Basingstoke
Hampshire
RG21 8EN
Stay Basingstoke Limited
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
6,162
Creditors: amounts falling due within one year
(41,950)
Net current liabilities
(31,587)
Profit and loss account
(8,388)
Shareholders' funds
(8,387)
For the period ending 31 May 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 his 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 18 February 2025 and were signed on its behalf by
Ian Bartholomew
Director
Company Registration No. 14880598
Stay Basingstoke Limited
Notes to the Accounts
for the period from 19 May 2023 to 31 May 2024
Stay Basingstoke Limited is a private company, limited by shares, registered in England and Wales, registration number 14880598. The registered office is Winton House, Winton Square, BASINGSTOKE, Hampshire, RG21 8EN, United Kingdom.
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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 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.
The accounts are presented in £ sterling.
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
Amortized on a straight-line basis over the lease term
4
Tangible fixed assets
Fixtures & fittings
Charge for the period
5,800
Amounts falling due within one year
Accrued income and prepayments
4,200
Stay Basingstoke Limited
Notes to the Accounts
for the period from 19 May 2023 to 31 May 2024
6
Creditors: amounts falling due within one year
2024
Amounts owed to group undertakings and other participating interests
29,000
Loans from directors
12,050
7
Transactions with related parties
During the year, the company had related party transactions with its director and shareholder, Ian Bartholomew. The only related party transactions during the year were for expenses incurred personally by the directors on behalf of the business. As of 31st May 2024 company owes Ian £12,050
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Average number of employees
During the period the average number of employees was 1.