Registration number: 12131962

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

(Registration number: 12131962)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	579	1,234
Current assets
Debtors	5	89,213	90,055
Cash at bank and in hand		92,693	110,796
		181,906	200,851
Creditors: Amounts falling due within one year	6	(142,854)	(151,652)
Net current assets		39,052	49,199
Total assets less current liabilities		39,631	50,433
Creditors: Amounts falling due after more than one year	6	(19,164)	(24,163)
Provisions for liabilities		(145)	(309)
Net assets		20,322	25,961
Capital and reserves
Called up share capital		2	2
Retained earnings		20,320	25,959
Shareholders' funds		20,322	25,961

(Registration number: 12131962)
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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 April 2026 and signed on its behalf by:
 

......................................... Mr D Cheetham Director

......................................... Dr R A Screen Director

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:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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 in respect of managing letting or short term tenancy of residential property and commissions relating to property furnishing. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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

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
Fixtures and fittings	Straight line over 4 years
Office equipment	Straight line over 4 years

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 4).

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

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 August 2024	380	2,242	2,622
At 31 July 2025	380	2,242	2,622
Depreciation
At 1 August 2024	190	1,198	1,388
Charge for the year	95	560	655
At 31 July 2025	285	1,758	2,043
Carrying amount
At 31 July 2025	95	484	579
At 31 July 2024	190	1,044	1,234

5

Debtors

Current	2025 £	2024 £
Trade debtors	30,874	45,569
Other debtors	58,339	44,486
	89,213	90,055

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

6

Creditors

Creditors: amounts falling due within one year

		2025 £	2024 £
Due within one year
Loans and borrowings		5,307	6,906
Trade creditors		5,208	22,544
Other creditors		132,339	122,202
		142,854	151,652

Creditors: amounts falling due after more than one year

		2025 £	2024 £
Due after one year
Loans and borrowings		19,164	24,163

7	Related party transactions

Yourstays Management Ltd is related to R&D Ventures Ltd due to D Cheetham and R Screen having direct or indirect control over both companies.
The intercompany loan of £52,415 (2024: £38,750) shown within other debtors is unsecured, repayable on demand and interest free.

Yourstays Management Ltd is related to Cheetham Capital Ltd due to D Cheetham having direct or indirect control over both companies.
The intercompany loan of £2,679 (2024: £4,491) shown within other creditors is unsecured, repayable on demand and interest free.

Yourstays Management Ltd is related to Homely House (Management) Ltd due to R Screen having direct or indirect control over both companies.
The intercompany loan of £13,719 (2024: £13,982) shown within other creditors is unsecured, repayable on demand and interest free.