1 March 2023 false No description of principal activity Taxfiler 2024.6 08616407business:PrivateLimitedCompanyLtd2023-03-012024-02-28 086164072023-02-28 086164072023-03-012024-02-28 08616407business:AuditExempt-NoAccountantsReport2023-03-012024-02-28 08616407business:FilletedAccounts2023-03-012024-02-28 086164072024-02-28 08616407business:Director12023-03-012024-02-28 08616407business:Director22023-03-012024-02-28 08616407business:RegisteredOffice2023-03-012024-02-28 086164072023-02-28 08616407core:WithinOneYear2024-02-28 08616407core:WithinOneYear2023-02-28 08616407core:AfterOneYear2024-02-28 08616407core:AfterOneYear2023-02-28 08616407core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 08616407core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 08616407core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 08616407core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 08616407core:PreviouslyStatedAmount2024-02-28 08616407core:PreviouslyStatedAmount2023-02-28 08616407business:SmallEntities2023-03-012024-02-28 08616407countries:EnglandWales2023-03-012024-02-28 086164072022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 08616407 (England and Wales)
HOME2HOME STAY LANGUAGES LIMITED Unaudited accounts for the period from 1 March 2023 to 28 February 2024
HOME2HOME STAY LANGUAGES LIMITED Unaudited accounts Contents
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HOME2HOME STAY LANGUAGES LIMITED Company Information for the period from 1 March 2023 to 28 February 2024
Directors
MARIA ELENA MALDONADO NIETO DAVID WALTER CROCKER
Company Number
08616407 (England and Wales)
Registered Office
85 GREAT PORTLAND STREET FIRST FLOOR London W1W 7LT United Kingdom
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HOME2HOME STAY LANGUAGES LIMITED Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
68 
13 
Creditors: amounts falling due within one year
(13,831)
(17,461)
Net current liabilities
(13,763)
(17,448)
Total assets less current liabilities
(13,763)
(17,448)
Creditors: amounts falling due after more than one year
(6,565)
(7,240)
Net liabilities
(20,328)
(24,688)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(20,329)
(24,689)
Shareholders' funds
(20,328)
(24,688)
For the period ending 28 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 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 20 February 2025 and were signed on its behalf by
DAVID WALTER CROCKER Director Company Registration No. 08616407
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HOME2HOME STAY LANGUAGES LIMITED Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
HOME2HOME STAY LANGUAGES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08616407. The registered office is 85 GREAT PORTLAND STREET, FIRST FLOOR, London, W1W 7LT, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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HOME2HOME STAY LANGUAGES LIMITED Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
7 
Loans from directors
13,231 
16,854 
Accruals
600 
600 
13,831 
17,461 
5
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,565 
7,240 
6
Average number of employees
During the period the average number of employees was 2 (2023: 2).
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