BOOK IT AND STAYED (2) LIMITED


Directors	HAWKINS, Daniel Lee
	HAWKINS, David


Registered Address	Grange Farm Cottages Flamborough Road
	Sewerby
	Bridlington
	YO15 1DU


Registered Number	14027979 (England and Wales)

Statement of Financial Position
30 April 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Investment property	3		835,000		1,870,000
			835,000		1,870,000
Creditors amounts falling due within one year	4	-		(52,661)
Net current assets (liabilities)			-		(52,661)
Total assets less current liabilities			835,000		1,817,339
Creditors amounts falling due after one year	5		(547,475)		(982,534)
Net assets			287,525		834,805
Capital and reserves
Called up share capital			100		100
Profit and loss account			287,425		834,705
Shareholders' funds			287,525		834,805

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 October 2025, and are signed on its behalf by:

HAWKINS, Daniel Lee
Director

HAWKINS, David
Director

Registered Company No. 14027979

BOOK IT AND STAYED (2) LIMITED

Notes to the Financial Statements
for the year ended 30 April 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Investment property


		£
	Fair value at 01 May 23	1,870,000
	Disposals	(999,189)
	Fair value adjustments	(35,811)
	At 30 April 24	835,000

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	-	52,661
Total	-	52,661

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Other creditors	547,475	982,534
Total	547,475	982,534

6.	Secured creditors
	The loan is secured by a legal charge over the company’s freehold properties. It is repayable by monthly instalments over a remaining term years and bears interest subject to banks discretion. There are no covenants in breach at the reporting date. Loans and borrowings are recognised initially at the amount of cash received, net of transaction costs. They are subsequently measured at amortised cost, with interest charged to the profit and loss account on an accruals basis.

Secured creditors

The loan is secured by a legal charge over the company’s freehold properties. It is repayable by monthly instalments over a remaining term years and bears interest subject to banks discretion.

There are no covenants in breach at the reporting date.

Loans and borrowings are recognised initially at the amount of cash received, net of transaction costs. They are subsequently measured at amortised cost, with interest charged to the profit and loss account on an accruals basis.