Company No:
Contents
DIRECTORS | D A Henshaw |
M A Lipington | |
J L Wagstaff |
REGISTERED OFFICE | Jocelyn House 2d Newopaul Way |
Warminster Business Park | |
Warminster | |
BA12 8RY | |
United Kingdom |
COMPANY NUMBER | 05246800 (England and Wales) |
CHARTERED ACCOUNTANTS | Francis Clark LLP |
Hitchcock House | |
Hilltop Park | |
Devizes Road | |
Salisbury | |
Wiltshire SP3 4UF |
Note | 2023 | 2022 | ||
£ | £ | |||
Fixed assets | ||||
Investments | 3 |
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38,011 | 38,011 | |||
Current assets | ||||
Debtors | 4 |
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5,770 | 5,770 | |||
Net current assets | 5,770 | 5,770 | ||
Total assets less current liabilities | 43,781 | 43,781 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Share premium account |
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Capital redemption reserve |
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Profit and loss account |
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Total shareholders' funds |
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Directors' responsibilities:
The financial statements of Mayflower (TSP) Limited (registered number:
M A Lipington
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year unless otherwise stated
Mayflower (TSP) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Jocelyn House 2d Newopaul Way, Warminster Business Park, Warminster, BA12 8RY, United Kingdom.
These financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and Companies Act 2006.
The functional currency of Mayflower (TSP) Limited is considered to be GBP because that is the currency of the primary economic environment in which the Company operates.
The company is a part of small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.
Classification
The company holds the following financial instruments:
1) Fixed asset investments
2) Intercompany debtors
All financial instruments are classified as basic.
Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS 102.
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to other party, or in case of liabilities, when the company's obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of cash or other consideration expected to be paid or received, after taking account of impairment adjustments
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of contribution at the acquisition date if the adjustment is probable and can be measured reliably.
Investments are stated at historical cost less provision for any diminution in value.
2023 | 2022 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including directors |
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Investments in subsidiaries
2023 | |
£ | |
Cost | |
At 01 January 2023 |
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At 31 December 2023 |
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Carrying value at 31 December 2023 |
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Carrying value at 31 December 2022 |
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2023 | 2022 | ||
£ | £ | ||
Amounts owed by Group undertakings |
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