Company Registration No. 11943189 (England and Wales)
Mayfield Property Solutions Ltd
Unaudited accounts
for the year ended 30 April 2024
Mayfield Property Solutions Ltd
Unaudited accounts
Contents
Mayfield Property Solutions Ltd
Company Information
for the year ended 30 April 2024
Directors
Mr Benjamin Thomas
Mrs Gemma Thomas
Company Number
11943189 (England and Wales)
Registered Office
128 City Road
London
EC1V 2NX
England
Accountants
DLC Accountants Ltd
6 Holton Way
Winstanley
Wigan
Lancs
WN3 6LZ
Mayfield Property Solutions Ltd
Statement of financial position
as at 30 April 2024
Investment property
389,237
389,237
Cash at bank and in hand
17,173
4,959
Creditors: amounts falling due within one year
(3,542)
(1,212)
Net current assets
14,784
3,747
Total assets less current liabilities
404,021
392,984
Creditors: amounts falling due after more than one year
(424,539)
(424,404)
Net liabilities
(20,518)
(31,420)
Called up share capital
100
100
Profit and loss account
(20,618)
(31,520)
Shareholders' funds
(20,518)
(31,420)
For the year ending 30 April 2024 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 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 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 of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by
Mr Benjamin Thomas
Director
Company Registration No. 11943189
Mayfield Property Solutions Ltd
Notes to the Accounts
for the year ended 30 April 2024
Mayfield Property Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11943189. The registered office is 128 City Road, London, EC1V 2NX, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 May 2023
389,237
Property 1 - Purchased February 2020 £123,324
Property 2 - Purchased March 2020 £130,917
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
298,310
298,310
Loans from directors
126,229
126,094
The Bank Loans relate to mortgages for Buy to Let properties.
Mayfield Property Solutions Ltd
Notes to the Accounts
for the year ended 30 April 2024
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).