REGISTERED NUMBER: 06672997 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Short Let Space LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K E L Fowler

REGISTERED OFFICE:

2 Shipton Road

Hensington

Woodstock

Oxfordshire

OX20 1LL

REGISTERED NUMBER:

06672997 (England and Wales)

ACCOUNTANTS:

ADM Accountancy Services Ltd

Homelands Commercial Centre

Vale Road

Bishops Cleeve

Cheltenham

Gloucestershire

GL52 8PX

FIXED ASSETS

Intangible assets

4

5,903

10,969

Tangible assets

5

21,704

8,861

Investments

6

18,309

-

45,916

19,830

CURRENT ASSETS

Debtors

7

269,660

335,758

Cash at bank

274,179

137,934

543,839

473,692

CREDITORS

Amounts falling due within one year

8

296,636

229,428

NET CURRENT ASSETS

247,203

244,264

TOTAL ASSETS LESS CURRENT LIABILITIES

293,119

264,094

CREDITORS

Amounts falling due after more than one year

9

10,931

15,054

NET ASSETS

282,188

249,040

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

282,088

248,940

282,188

249,040

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2025 and were signed by:

K E L Fowler - Director

1.	STATUTORY INFORMATION

Short Let Space LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

94,310

AMORTISATION

At 1 January 2024

83,341

Charge for year

5,066

At 31 December 2024

88,407

NET BOOK VALUE

At 31 December 2024

5,903

At 31 December 2023

10,969

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

10,226

86,949

97,175

Additions

-

17,398

17,398

At 31 December 2024

10,226

104,347

114,573

DEPRECIATION

At 1 January 2024

10,226

78,088

88,314

Charge for year

-

4,555

4,555

At 31 December 2024

10,226

82,643

92,869

NET BOOK VALUE

At 31 December 2024

-

21,704

21,704

At 31 December 2023

-

8,861

8,861

6.	FIXED ASSET INVESTMENTS

Employee

loans

£

New in year

21,559

Repayment in year

(3,250

)

At 31 December 2024

18,309

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

(73,522

)

(106,263

)

Amounts owed by group undertakings

669

-

Other debtors

342,513

442,021

269,660

335,758

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

3,333

-

Trade creditors

34,857

66,916

Amounts owed to group undertakings

117,198

-

Taxation and social security

74,235

75,185

Other creditors

57,013

77,327

296,636

229,428

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

4,820

15,054

Hire purchase contracts

6,111

-

10,931

15,054