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Company No: 04502158 (England and Wales)

# UNIQUE HOME STAYS LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

UNIQUE HOME STAYS LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

UNIQUE HOME STAYS LIMITED

## BALANCE SHEET

As at 31 December 2024
UNIQUE HOME STAYS LIMITED

## BALANCE SHEET (continued)

As at 31 December 2024

| Note | 2024 |  | 2023
|  | £ |  | £
Fixed assets |  |  |  |
Intangible assets | 3 | 320,238 |  | 400,297
Tangible assets | 4 | 431,598 |  | 429,120
Investment property | 5 | 475,000 |  | 475,000
Investments | 6 | 0 |  | 103
|  | 1,226,836 |  | 1,304,520
Current assets |  |  |  |
Stocks | 7 | 8,841 |  | 2,838
Debtors | 8 | 2,407,796 |  | 2,098,006
Cash at bank and in hand |  | 4,376,813 |  | 5,737,889
|  | 6,793,450 |  | 7,838,733
Creditors: amounts falling due within one year | 9 | ( 3,306,448) |  | ( 2,230,550)
Net current assets |  | 3,487,002 |  | 5,608,183
Total assets less current liabilities |  | 4,713,838 |  | 6,912,703
Provision for liabilities |  | ( 581) |  | 0
Net assets |  | 4,713,257 |  | 6,912,703
Capital and reserves |  |  |  |
Called-up share capital |  | 103 |  | 103
Profit and loss account |  | 4,713,154 |  | 6,912,600
Total shareholder's funds |  | 4,713,257 |  | 6,912,703

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Unique Home Stays Limited (registered number: 04502158) were approved and authorised for issue by the Director on 16 September 2025. They were signed on its behalf by:

S A Stanley Director |

UNIQUE HOME STAYS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
UNIQUE HOME STAYS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Unique Home Stays Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Stanley Lain House, Trebudannon, Newquay, TR8 4LP, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

##### Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets | 10 years straight line

###### Trademarks, patents and licences

Separately acquired patents and trademarks are included at cost and amortised in equal annual instalments over a period of 10 years which is their estimated useful economic life. Provision is made for any impairment.

##### Tangible fixed assets

Assets costing £500 or more are capitalised as tangible fixed assets and are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life, according to the rates set out below. If applicable, a full year's depreciation is charged in the year of acquisition and no depreciation is charged in the year of disposal.

Land and buildings | not depreciated
Plant and machinery etc. | 33 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

##### Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2024 |  | 2023
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 40 |  | 41

#### 3. Intangible assets

| Other intangible assets |  | Total
| £ |  | £
Cost |  |  |
At 01 January 2024 | 800,595 |  | 800,595
At 31 December 2024 | 800,595 |  | 800,595
Accumulated amortisation |  |  |
At 01 January 2024 | 400,298 |  | 400,298
Charge for the financial year | 80,059 |  | 80,059
At 31 December 2024 | 480,357 |  | 480,357
Net book value |  |  |
At 31 December 2024 | 320,238 |  | 320,238
At 31 December 2023 | 400,297 |  | 400,297

#### 4. Tangible assets

| Land and buildings |  | Plant and machinery etc. |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 January 2024 | 418,937 |  | 67,358 |  | 486,295
Additions | 0 |  | 10,133 |  | 10,133
At 31 December 2024 | 418,937 |  | 77,491 |  | 496,428
Accumulated depreciation |  |  |  |  |
At 01 January 2024 | 0 |  | 57,175 |  | 57,175
Charge for the financial year | 0 |  | 7,655 |  | 7,655
At 31 December 2024 | 0 |  | 64,830 |  | 64,830
Net book value |  |  |  |  |
At 31 December 2024 | 418,937 |  | 12,661 |  | 431,598
At 31 December 2023 | 418,937 |  | 10,183 |  | 429,120

#### 5. Investment property

| Investment property
| £
Valuation |
As at 01 January 2024 | 475,000
As at 31 December 2024 | 475,000

Valuation

The property was valued by an independent estate agent prior to its transfer into the company in 2023, at an open market value of £475,000. The director considers that this remains an appropriate market value for the property.

Assumptions

These assumptions were arrived at taking account of information and advice from external property consultants, in-house property experts, publicly available data and judgement. A significant level of uncertainty exists in relation to these assumptions and any changes in these assumptions could have a material impact on the carrying value of Investment Property in the financial statements. The 2024 valuations were made by the director, on an open market value for existing use basis.

#### 6. Fixed asset investments

Investments in subsidiaries

| 2024
| £
Cost |
At 01 January 2024 | 103
At 31 December 2024 | 103
Provisions for impairment |
At 01 January 2024 | 0
Disposals | 103
At 31 December 2024 | 103
Carrying value at 31 December 2024 | 0
Carrying value at 31 December 2023 | 103

#### 7. Stocks

| 2024 |  | 2023
| £ |  | £
Stocks | 8,841 |  | 2,838

#### 8. Debtors

| 2024 |  | 2023
| £ |  | £
Trade debtors | 131,001 |  | 179,528
Amounts owed by Group undertakings | 12,032 |  | 20,840
Corporation tax | 223,829 |  | 0
Other debtors | 2,040,934 |  | 1,897,638
| 2,407,796 |  | 2,098,006

#### 9. Creditors: amounts falling due within one year

| 2024 |  | 2023
| £ |  | £
Trade creditors | 11,073 |  | 17,313
Taxation and social security | 184,080 |  | 328,940
Other creditors | 3,111,295 |  | 1,884,297
| 3,306,448 |  | 2,230,550

There are no amounts included above in respect of which any security has been given by the small entity.

#### 10. Ultimate controlling party

Parent Company:

UHS Holding Limited
Stanley Lain House Trebudannon Newquay TR8 4LP