Company registration number: 12046391
Annual report and unaudited financial statements
for the year ended 30 June 2025
for
Smart Stay (Hampstead) Limited
Pages for filing with the Registrar
Company registration number: 12046391
Smart Stay (Hampstead) Limited
Balance sheet
as at 30 June 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 11,959,797 7,971,933
11,959,797 7,971,933
Current assets
Debtors 5 342,006 253,990
Cash at bank and in hand 112,874 47,782
454,880 301,772
Creditors: amounts falling due within one year
6 (574,823) (356,606)
Net current liabilities (119,943) (54,834)
Total assets less current liabilities 11,839,854 7,917,099
Creditors: Amounts falling due after more than one year
7 (8,247,272) (8,755,800)
Provisions for liabilities (1,000,000) -
NET ASSETS/(LIABILITIES) 2,592,582 (838,701)
Capital and reserves
Called up share capital 2 2
Other reserves 3,000,000 -
Profit and loss account (407,420) (838,703)
TOTAL EQUITY 2,592,582 (838,701)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 June 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12046391
Smart Stay (Hampstead) Limited
Balance sheet - continued
as at 30 June 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 26 June 2026 and signed on its behalf by:
Mr C Papaloizou, Director Mr L Michaelides, Director
26 June 2026 26 June 2026
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Smart Stay (Hampstead) Limited
Notes to the financial statements
for the year ended 30 June 2025
1 Company information
Smart Stay (Hampstead) Limited is a private company registered in England and Wales. Its registered number is 12046391. The company is limited by shares. Its registered office is 18-20 Frognal, London, NW3 6AG.
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 historic cost convention.
Presentation currency
The company’s financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - The Freehold Property is an investment property and no depreciation is provided. The open market value of the Property is reviewed by the Directors annually.

Plant and machinery etc.:
Fixtures and fittings - 15% reducing balance
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Smart Stay (Hampstead) Limited
Notes to the financial statements - continued
for the year ended 30 June 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
4 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 July 2024 7,891,028 95,946 7,986,974
Revaluations 4,000,000 - 4,000,000
At 30 June 2025 11,891,028 95,946 11,986,974
Depreciation
At 1 July 2024 - 15,041 15,041
Charge for year - 12,136 12,136
At 30 June 2025 - 27,177 27,177
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Smart Stay (Hampstead) Limited
Notes to the financial statements - continued
for the year ended 30 June 2025
4 Tangible fixed assets - continued
Net book value
At 30 June 2025 11,891,028 68,769 11,959,797
At 30 June 2024 7,891,028 80,905 7,971,933
Cost or valuation at 30 June 2025 is represented by:
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Valuation in 2025 4,000,000 - 4,000,000
Cost 7,891,028 95,946 7,986,974
11,891,028 95,946 11,986,974
The Freehold Property was valued by the Directors on an open market basis on 30 June 2025
5 Debtors
2025 2024
£ £
Amounts falling due within one year
Trade debtors 63,376 99,767
Amounts owed by participating interests 7,560 6,060
70,936 105,827
2025 2024
£ £
Amounts falling due after more than one year
Amounts owed by participating interests 271,070 148,163
Total 342,006 253,990
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Smart Stay (Hampstead) Limited
Notes to the financial statements - continued
for the year ended 30 June 2025
6 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 104,004 123,639
Trade creditors 100,292 107,078
Amounts owed to participating interests 16,340 16,000
Amounts owed to directors 261,023 15,520
Other creditors 12,029 14,219
VAT payable 76,955 75,970
Accruals and deferred income 4,180 4,180
574,823 356,606
7 Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans 4,402,007 4,602,636
Amounts owed to participating interests 3,845,265 4,153,164
8,247,272 8,755,800
Included within the above creditors are the following amounts falling due after more than five years:
2025 2024
£ £
Repayable otherwise than by instalments
Bank loans 4,402,007 4,574,851
Amounts owed to participating interests 3,845,265 4,153,164
8,247,272 8,728,015
8 Secured debts
The Following secured Debts are included within creditors Bank loan £4,488,428 (2024-£4,574,851)
9 Share capital
Called up Share Capital Allotted and fully paid 100 Ordinary £1 Shares £100 ( 2024-£100)
10 Related party transactions
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Smart Stay (Hampstead) Limited
Notes to the financial statements - continued
for the year ended 30 June 2025
10 Related party transactions - continued
During the year, the company engaged in transactions with several related companies under common control and ownership. These transactions comprise working capital funding, which is unsecured, interest free and repayable on demand. The transactions during the year amounted to a net £186,492 received. The balances owed to and from these companies are shown as participating interest balances within the debtors and creditors notes ot the accounts.


11 Directors current accounts.
The amounts owed to the Directors at 30 June 2025 was £261,422.
12 Provision for liabilites
Deferred Tax At 1 July 2024 £nil Provided in the year £1,000,000 At 30 June 2025 £1,000,000



13 Reserves
Profit and Loss Account At 1 July 2024 £(838,703) Profit for the year £431,283 At 30 June 2025 £ (407,420) Fair Value Reserve At 1 July 2024 £Nil Fair value increase on revaluation £4,000,000 Deferred tax provided £(1,000,000) At 30 June 2025 £3,000,000










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