STAY IN WELLS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
PAGES FOR FILING WITH REGISTRAR
STAY IN WELLS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2022
31 March 2022
- 1 -
2022
2021
£
£
£
£
Current assets
63,820
53,105
Creditors: amounts falling due within one year
(18,561)
(14,609)
Net current assets
45,259
38,496
Net assets
45,259
38,496
Capital and reserves
45,259
38,496
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
A director operates a loan account with the company. During the year advances of £1,334 were made. Repayments of £34,411 were made against advances in both the current and prior period. Interest is charged on amounts above the HMRC beneficial loan threshold and the loan is repayable on demand.
2
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2022
2021
Number
Number
Employees
Stay In Wells Limited is a private company limited by shares incorporated in England and Wales. The registered office is Westfield Farm, Foxley Road, Foulsham, DEREHAM, Norfolk, United Kingdom, NR20 5RH.
For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 16 December 2022 and are signed on its behalf by:
Mr Simon Davis
Director
Company Registration Number 11293986