Baystays Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11154824

Baystays Limited

Filleted Unaudited Financial Statements

31 January 2026

Baystays Limited

Financial Statements

Year ended 31 January 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Baystays Limited

Statement of Financial Position

31 January 2026

	2026	2025
Note	£	£

Current assets

Cash at bank and in hand	52,159	66,861

Creditors: amounts falling due within one year	6	173,552	172,155
		---------	---------
Net current liabilities		121,393	105,294
		---------	---------
Total assets less current liabilities		( 121,393)	( 105,294)
		---------	---------

Capital and reserves

Called up share capital	2	2
Profit and loss account	( 121,395)	( 105,296)
	---------	---------
Shareholders deficit	( 121,393)	( 105,294)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 28 October 2026 , and are signed on behalf of the board by:

J A Owen
Director

Company registration number: 11154824

Baystays Limited

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Hendrefoilan Road, Sketty, Swansea, SA2 9LS. The principal activity of the company during the period under review was the short-term letting of property.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity, rounded to the nearest £1.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% straight line
Motor vehicles	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2025: 1 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 February 2025 and 31 January 2026	1,620	6,000	7,620
	-------	-------	-------
Depreciation
At 1 February 2025 and 31 January 2026	1,620	6,000	7,620
	-------	-------	-------
Carrying amount
At 31 January 2026	–	–	–
	-------	-------	-------
At 31 January 2025	–	–	–
	-------	-------	-------

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	166	165
Director loan accounts	172,192	170,796
Other creditors	1,194	1,194
	---------	---------
	173,552	172,155
	---------	---------

7. Director's advances, credits and guarantees

At the beginning of the year the company owed the company's sole director Mrs J A Owen £170,796. The aggregate net credits to Mrs Owen's account with the company during the year was £1,396 leaving a balance owing of £172,192. The loan account is not interest bearing and has no fixed repayment date.