Registration number: 07804381

Coolstays Ltd

(Registration number: 07804381)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	5,892	5,627
Current assets
Debtors	5	318,268	356,084
Cash at bank and in hand		156,150	93,467
		474,418	449,551
Creditors: Amounts falling due within one year	6	(256,403)	(248,349)
Net current assets		218,015	201,202
Total assets less current liabilities		223,907	206,829
Creditors: Amounts falling due after more than one year	6	(221,951)	(203,278)
Net assets		1,956	3,551
Capital and reserves
Called up share capital		1	1
Share premium reserve		251	251
Retained earnings		1,704	3,299
Shareholders' funds		1,956	3,551

Coolstays Ltd

(Registration number: 07804381)
Balance Sheet as at 31 July 2025

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 8 December 2025 and signed on its behalf by:
 

......................................... T Wills Director

Coolstays Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
15-17 Middle Street
Brighton
BN1 1AL

These financial statements were authorised for issue by the Board on 8 December 2025.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A
- 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when work undertaken on behalf of customers is completed.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer equipment	33% on cost
Furniture and fittings	25% on cost

Coolstays Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 15 (2024 - 15).

4	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 August 2024	13,302	1,498	14,800
Additions	4,456	-	4,456
At 31 July 2025	17,758	1,498	19,256
Depreciation
At 1 August 2024	8,050	1,123	9,173
Charge for the year	3,816	375	4,191
At 31 July 2025	11,866	1,498	13,364
Carrying amount
At 31 July 2025	5,892	-	5,892
At 31 July 2024	5,252	375	5,627

Coolstays Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

5

Debtors

Current	2025 £	2024 £
Trade debtors	2,401	12,726
Other debtors	315,867	343,358
	318,268	356,084

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		58,918	63,440
Trade creditors		36,982	33,121
Taxation and social security		160,503	151,788
		256,403	248,349