Eststays Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00829368 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

ESTSTAYS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R.D. Alexander

J.E. Alexander

Miss J.E. Alexander

SECRETARY:

Mrs J.E. Alexander

REGISTERED OFFICE:

Gillridge

Gillridge Lane

Crowborough

East Sussex

TN6 1UR

REGISTERED NUMBER:

00829368 (England and Wales)

ACCOUNTANTS:

WaightSharnock

8b Lonsdale Gardens

Tunbridge Wells

Kent

TN1 1NU

FIXED ASSETS

Tangible assets

4

230,303

230,373

Investments

5

1

230,304

230,374

CURRENT ASSETS

Stocks

1

Debtors

6

-

16,444

Investments

7

155,305

213,910

Cash at bank

40,984

4,526

196,290

234,881

CREDITORS

Amounts falling due within one year

8

69,544

42,249

NET CURRENT ASSETS

126,746

192,632

TOTAL ASSETS LESS CURRENT
LIABILITIES

357,050

423,006

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

356,950

422,906

SHAREHOLDERS' FUNDS

357,050

423,006

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 14 September 2018 and were signed on its behalf
by:

R.D. Alexander - Director

1.	STATUTORY INFORMATION

Eststays Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 tax

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

have been enacted or substantively enacted by the year end 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 probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2017

and 31 December 2017

230,022

12,352

242,374

DEPRECIATION

At 1 January 2017

-

12,001

Charge for year

-

70

At 31 December 2017

-

12,071

NET BOOK VALUE

At 31 December 2017

230,022

281

230,303

At 31 December 2016

230,022

351

230,373

Included in cost of land and buildings is freehold land of £ 230,022 (2016 - £ 230,022 ) which is not depreciated.

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2017

and 31 December 2017

1

NET BOOK VALUE

At 31 December 2017

1

At 31 December 2016

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

Other debtors

-

16,444

7.	CURRENT ASSET INVESTMENTS

31.12.17

31.12.16

£

Listed investments

155,305

213,910

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

Trade creditors

(2

)

2

Taxation and social security

364

-

Other creditors

69,182

42,247

69,544

42,249

Eststays Limited - Accounts to registrar (filleted) - small 18.2

Eststays Limited - Accounts to registrar (filleted) - small 18.2