1 January 2023 false Taxfiler 2024.5 11733385business:PrivateLimitedCompanyLtd2023-01-012023-12-31 117333852022-12-31 117333852023-01-012023-12-31 11733385business:AuditExemptWithAccountantsReport2023-01-012023-12-31 11733385business:FilletedAccounts2023-01-012023-12-31 117333852023-12-31 11733385business:Director12023-01-012023-12-31 11733385business:RegisteredOffice2023-01-012023-12-31 117333852022-12-31 11733385core:WithinOneYear2023-12-31 11733385core:WithinOneYear2022-12-31 11733385core:AfterOneYear2023-12-31 11733385core:AfterOneYear2022-12-31 11733385core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11733385core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 11733385core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11733385core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 11733385core:PreviouslyStatedAmount2023-12-31 11733385core:PreviouslyStatedAmount2022-12-31 11733385business:SmallEntities2023-01-012023-12-31 11733385countries:EnglandWales2023-01-012023-12-31 11733385core:PlantMachinery2023-01-012023-12-31 11733385core:FurnitureFittings2023-01-012023-12-31 11733385core:FurnitureFittings2022-12-31 11733385core:ComputerEquipment2022-12-31 11733385core:FurnitureFittings2023-12-31 11733385core:ComputerEquipment2023-12-31 11733385core:AfterOneYear2023-01-012023-12-31 117333852022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11733385 (England and Wales)
Mayfair Commercial Mortgages Ltd Unaudited accounts for the year ended 31 December 2023
Mayfair Commercial Mortgages Ltd Unaudited accounts Contents
Page
- 2 -
Mayfair Commercial Mortgages Ltd Company Information for the year ended 31 December 2023
Director
Muzaffar Imran Mian
Company Number
11733385 (England and Wales)
Registered Office
Suite 16 Fitzroy House Lynwood Drive Worcester Park Surrey KT4 7AT
Accountants
Proacc Consulting Ltd 3rd Floor 86-90 Paul Street London EC2A 4NE
- 3 -
Mayfair Commercial Mortgages Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
163 
- 
Cash at bank and in hand
10,864 
16,721 
11,027 
16,721 
Creditors: amounts falling due within one year
(8,134)
(7,746)
Net current assets
2,893 
8,975 
Total assets less current liabilities
2,893 
8,975 
Creditors: amounts falling due after more than one year
(2,793)
(3,990)
Net assets
100 
4,985 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
- 
4,885 
Shareholders' funds
100 
4,985 
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2024 and were signed on its behalf by
Muzaffar Imran Mian Director Company Registration No. 11733385
- 4 -
Mayfair Commercial Mortgages Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Mayfair Commercial Mortgages Ltd is a private company, limited by shares, registered in England and Wales, registration number 11733385. The registered office is Suite 16 Fitzroy House, Lynwood Drive, Worcester Park, Surrey, KT4 7AT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: During the year, due to change in the capitalisation limit, the closing balance of tangible fixed assets at the end of last year was charged to profit and loss account.
Plant & machinery
20% per annum
Fixtures & fittings
20% per annum
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
1,823 
225 
2,048 
At 31 December 2023
1,823 
225 
2,048 
Depreciation
At 1 January 2023
1,823 
225 
2,048 
At 31 December 2023
1,823 
225 
2,048 
Net book value
At 31 December 2023
- 
- 
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
163 
- 
- 5 -
Mayfair Commercial Mortgages Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,197 
1,197 
Taxes and social security
6,025 
1,495 
Loans from directors
- 
4,622 
Accruals
912 
432 
8,134 
7,746 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
2,793 
3,990 
Represent unsecured bank loans bearing an interest of 2.5% p.a.
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -