Abbreviated Company Accounts - STAYSITES LIMITED

07132417 STAYSITES LIMITED 2016-01-31 false 2015-02-01 2016-01-31 true 07132417 2015-02-01 2016-01-31 07132417 2016-01-31 07132417 2015-01-31 07132417 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 07132417 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 iso4217:GBP shares

Registered Number 07132417

STAYSITES LIMITED

Abbreviated Accounts

31 January 2016

STAYSITES LIMITED Registered Number 07132417

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	-	-
Tangible assets	3	854	2,978
		854	2,978
Current assets
Debtors		7,898	7,727
Cash at bank and in hand		2,427	834
		10,325	8,561
Net current assets (liabilities)		10,325	8,561
Total assets less current liabilities		11,179	11,539
Creditors: amounts falling due after more than one year		(11,658)	(11,054)
Total net assets (liabilities)		(479)	485
Capital and reserves
Called up share capital	4	104	104
Profit and loss account		(583)	381
Shareholders' funds		(479)	485

For the year ending 31 January 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 September 2016

And signed on their behalf by:
Mr R A S Baldry, Director

STAYSITES LIMITED Registered Number 07132417

Notes to the Abbreviated Accounts for the period ended 31 January 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of work done during the year and derives from the provision of services falling within the company’s ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Computer software – 2 years on the straight line basis

Intangible assets amortisation policy
Goodwill
Acquired goodwill is written off in equal instalments over its estimated useful economic life of three years.

2Intangible fixed assets

	£
Cost
At 1 February 2015	714
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	714
Amortisation
At 1 February 2015	714
Charge for the year	-
On disposals	-
At 31 January 2016	714
Net book values
At 31 January 2016	0
At 31 January 2015	0

3Tangible fixed assets

	£
Cost
At 1 February 2015	27,561
Additions	500
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	28,061
Depreciation
At 1 February 2015	24,583
Charge for the year	2,624
On disposals	-
At 31 January 2016	27,207
Net book values
At 31 January 2016	854
At 31 January 2015	2,978

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
104 Ordinary shares of £1 each	104	104