REGISTERED NUMBER: 10766940 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Stay Enterprises Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M S Lidder

REGISTERED OFFICE:

3 - 5 College Street

Nottingham

Nottinghamshire

NG1 5AQ

REGISTERED NUMBER:

10766940 (England and Wales)

FIXED ASSETS

Tangible assets

4

44,302

72,698

CURRENT ASSETS

Stocks

40,000

40,000

Debtors

5

64,509

188,511

Cash at bank and in hand

42,304

68,291

146,813

296,802

CREDITORS

Amounts falling due within one year

6

461,656

407,719

NET CURRENT LIABILITIES

(314,843

)

(110,917

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(270,541

)

(38,219

)

CREDITORS

Amounts falling due after more than one year

7

(5,704

)

(18,548

)

PROVISIONS FOR LIABILITIES

(42,344

)

-

NET LIABILITIES

(318,589

)

(56,767

)

CAPITAL AND RESERVES

Called up share capital

111

111

Retained earnings

(318,700

)

(56,878

)

(318,589

)

(56,767

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 23 December 2025 and were signed by:

M S Lidder - Director

1.	STATUTORY INFORMATION

Stay Enterprises Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going Concern

The company has made a loss on ordinary activities before taxation of £218,212 (2024: £101,451) and the balance sheet details net current liabilities of £314,843 (2024: £110,917) and net liabilities of £318,589 (2024: net assets of £56,767). The directors have confirmed that adequate cash resources will be available to fund the company's trading and other obligations during the course of the twelve months from the date of approval of the financial statements. It is therefore considered appropriate to prepare the financial statements on the going concern basis.

Turnover

The turnover represents rental income arising from the letting of investment properties during the year. Income is recognised on an accruals basis in accordance with the terms of the lease agreements in place with tenants.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 22 (2024 - 35 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

202,175

Disposals

(42,804

)

At 31 March 2025

159,371

DEPRECIATION

At 1 April 2024

129,477

Charge for year

28,397

Eliminated on disposal

(42,805

)

At 31 March 2025

115,069

NET BOOK VALUE

At 31 March 2025

44,302

At 31 March 2024

72,698

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

45,959

78,388

Other debtors

18,550

110,123

64,509

188,511

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

2,843

2,843

Trade creditors

179,180

150,956

Taxation and social security

27,706

27,458

Other creditors

241,927

216,462

461,656

407,719

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

827

10,827

Hire purchase contracts

4,877

7,721

5,704

18,548

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

7,720

10,564

The hire purchase contract liabilities are secured against fixed assets of the company.

9.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from the company in an independently administered fund.

The charge to the Income Statement in respect of pension contributions for the year was £6,689 (2024: £7,803).

At the balance sheet date, £1,018 (2024: £1,231) was outstanding as is included in other creditors.