THE STRETTONS MAYFAIR TRUST

Company limited by guarantee

Company Registration Number:
03307951 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

THE STRETTONS MAYFAIR TRUST

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THE STRETTONS MAYFAIR TRUST

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

See accounts



Directors

The director shown below has held office during the whole of the period from
1 January 2023 to 31 December 2023

Ben Hilliard


Secretary Claire Riley-walshe

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
8 August 2024

And signed on behalf of the board by:
Name: Ben Hilliard
Status: Director

THE STRETTONS MAYFAIR TRUST

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 682,619 647,123
Cost of sales: ( 822,814 ) ( 705,314 )
Gross profit(or loss): (140,195) (58,191)
Operating profit(or loss): (140,195) (58,191)
Interest receivable and similar income: 18,559
Interest payable and similar charges: ( 32,657 )
Profit(or loss) before tax: (121,636) (90,848)
Profit(or loss) for the financial year: (121,636) (90,848)

THE STRETTONS MAYFAIR TRUST

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 412,544 435,639
Total fixed assets: 412,544 435,639
Current assets
Stocks:   0 0
Debtors: 4 90,308 76,711
Cash at bank and in hand: 613,652 676,878
Investments: 5 250,099 226,313
Total current assets: 954,059 979,902
Creditors: amounts falling due within one year: 6 ( 115,362 ) ( 42,664 )
Net current assets (liabilities): 838,697 937,238
Total assets less current liabilities: 1,251,241 1,372,877
Total net assets (liabilities): 1,251,241 1,372,877
Members' funds
Profit and loss account: 1,251,241 1,372,877
Total members' funds: 1,251,241 1,372,877

The notes form part of these financial statements

THE STRETTONS MAYFAIR TRUST

Balance sheet statements

For the year ending 31 December 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 6 June 2024
and signed on behalf of the board by:

Name: Ben Hilliard
Status: Director

The notes form part of these financial statements

THE STRETTONS MAYFAIR TRUST

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Depreciation standard over 25%

    Other accounting policies

    FRS 102 and Fund Accounting

THE STRETTONS MAYFAIR TRUST

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 39 39

THE STRETTONS MAYFAIR TRUST

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 1,317,394 44,370 84,297 79,270 1,525,331
Additions 10,139 10,139
Disposals
Revaluations
Transfers
At 31 December 2023 1,317,394 44,370 94,436 79,270 1,535,470
Depreciation
At 1 January 2023 924,373 39,792 60,924 64,603 1,089,692
Charge for year 21,031 1,227 5,819 5,157 33,234
On disposals
Other adjustments
At 31 December 2023 945,404 41,019 66,743 69,760 1,122,926
Net book value
At 31 December 2023 371,990 3,351 27,693 9,510 412,544
At 31 December 2022 393,021 4,578 23,373 14,667 435,639

THE STRETTONS MAYFAIR TRUST

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 58,283 38,424
Prepayments and accrued income 32,025 38,287
Total 90,308 76,711

THE STRETTONS MAYFAIR TRUST

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Current assets investments note

Investments with Quilter Cheviot

THE STRETTONS MAYFAIR TRUST

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 18,093 11,876
Taxation and social security 19,938 2,732
Accruals and deferred income 74,470 24,836
Other creditors 2,861 3,220
Total 115,362 42,664