Caseware UK (AP4) 2023.0.135 2023.0.135 2023-02-282023-02-28false7false2022-02-09No description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13904001 2022-02-08 13904001 2022-02-09 2023-02-28 13904001 2021-03-29 2022-02-08 13904001 2023-02-28 13904001 c:Director1 2022-02-09 2023-02-28 13904001 d:CurrentFinancialInstruments 2023-02-28 13904001 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13904001 d:ShareCapital 2023-02-28 13904001 d:SharePremium 2022-02-09 2023-02-28 13904001 d:SharePremium 2023-02-28 13904001 d:RetainedEarningsAccumulatedLosses 2023-02-28 13904001 c:OrdinaryShareClass1 2022-02-09 2023-02-28 13904001 c:OrdinaryShareClass1 2023-02-28 13904001 c:FRS102 2022-02-09 2023-02-28 13904001 c:AuditExempt-NoAccountantsReport 2022-02-09 2023-02-28 13904001 c:FullAccounts 2022-02-09 2023-02-28 13904001 c:PrivateLimitedCompanyLtd 2022-02-09 2023-02-28 13904001 d:Subsidiary1 2022-02-09 2023-02-28 13904001 d:Subsidiary1 1 2022-02-09 2023-02-28 13904001 6 2022-02-09 2023-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13904001









MAYFAIR INTERNATIONAL HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 28 FEBRUARY 2023

 
MAYFAIR INTERNATIONAL HOLDINGS LIMITED
REGISTERED NUMBER: 13904001

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
Note
£

Fixed assets
  

Investments
 4 
400,598

Creditors: amounts falling due within one year
 5 
(1,250)

Net current (liabilities)/assets
  
 
 
(1,250)

Total assets less current liabilities
  
399,348

Net assets
  
399,348


Capital and reserves
  

Called up share capital 
 6 
156,250

Share premium account
 7 
383,750

Profit and loss account
  
(140,652)

  
399,348


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




LI Chenglin
Director

Date: 19 April 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
MAYFAIR INTERNATIONAL HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023

1.


General information

Mayfair International Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 13904001.
The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 2

 
MAYFAIR INTERNATIONAL HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023

3.


Employees




The average monthly number of employees, including directors, during the period was 7.


4.


Fixed asset investments





Investments in subsidiary companies
Loans to subsidiaries
Total

£
£
£



Cost or valuation


Additions
329
400,269
400,598



At 28 February 2023
329
400,269
400,598





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Principal activity

Class of shares

Holding

Tanzania Lithium Co. Limited
Region Dar Es Salaam, District Kinondoni, Ward Kawe, Postcal code 14121, Street KAWE, Road TARANGIRE, Plot number 187
Mining
ordinary
99%


5.


Creditors: Amounts falling due within one year

2023
£

Accruals and deferred income
1,250

1,250


Page 3

 
MAYFAIR INTERNATIONAL HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023

6.


Share capital

2023
£
Allotted, called up and fully paid


6,250,000 Ordinary shares of £0.03 each
156,250


During the year 6,250,000 ordinary shares issued at a value of £156,250.


7.


Reserves

Share premium account

During the year 1,250,000 ordinary shares were issued at a premium of £0.307 per share. This resulted in the creation of a share premium account totalling £383,750.

 
Page 4