STAY IN WELLS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
STAY IN WELLS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
£
£
£
£
Current assets
32,472
63,820
Creditors: amounts falling due within one year
(10,348)
(18,561)
Net current assets
22,124
45,259
Net assets
22,124
45,259
Capital and reserves
22,124
45,259
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 £3,040 (2022 - £1,334) were made, along with repayments of £3,040 (2022 - £34,411). Interest is charged on amounts above the HMRC beneficial loan threshold and the advances are repayable on demand.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
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 2023 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 directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
STAY IN WELLS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 17 December 2023 and are signed on its behalf by:
Mr Simon Davis
Director
Company registration number 11293986 (England and Wales)