IRIS Accounts Production v24.3.0.553 07192867 Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071928672023-03-31071928672024-03-31071928672023-04-012024-03-31071928672022-03-31071928672022-04-012023-03-31071928672023-03-3107192867ns15:EnglandWales2023-04-012024-03-3107192867ns14:PoundSterling2023-04-012024-03-3107192867ns10:Director12023-04-012024-03-3107192867ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107192867ns10:SmallEntities2023-04-012024-03-3107192867ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107192867ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107192867ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107192867ns10:FullAccounts2023-04-012024-03-3107192867ns10:Director22023-04-012024-03-3107192867ns10:RegisteredOffice2023-04-012024-03-3107192867ns5:CurrentFinancialInstruments2024-03-3107192867ns5:CurrentFinancialInstruments2023-03-3107192867ns5:ShareCapital2024-03-3107192867ns5:ShareCapital2023-03-3107192867ns5:RetainedEarningsAccumulatedLosses2024-03-3107192867ns5:RetainedEarningsAccumulatedLosses2023-03-3107192867ns5:PlantMachinery2023-04-012024-03-3107192867ns5:FurnitureFittings2023-04-012024-03-3107192867ns5:ComputerEquipment2023-04-012024-03-3107192867ns5:PlantMachinery2023-03-3107192867ns5:FurnitureFittings2023-03-3107192867ns5:ComputerEquipment2023-03-3107192867ns5:PlantMachinery2024-03-3107192867ns5:FurnitureFittings2024-03-3107192867ns5:ComputerEquipment2024-03-3107192867ns5:PlantMachinery2023-03-3107192867ns5:FurnitureFittings2023-03-3107192867ns5:ComputerEquipment2023-03-3107192867ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3107192867ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 07192867 (England and Wales)












Stephen Mayson Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024






Stephen Mayson Limited (Registered number: 07192867)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


Stephen Mayson Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Prof S Mayson
Mrs J P Mayson





REGISTERED OFFICE: 8a Wingbury Courtyard
Business Village
Leighton Road
Wingrave
Buckinghamshire
HP22 4LW





REGISTERED NUMBER: 07192867 (England and Wales)





ACCOUNTANTS: Clarkson Cleaver & Bowes Ltd
8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW

Stephen Mayson Limited (Registered number: 07192867)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 557 526
Cash at bank 30,008 36,759
30,565 37,285
CREDITORS
Amounts falling due within one year 6 2,144 3,256
NET CURRENT ASSETS 28,421 34,029
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,421

34,029

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 28,401 34,009
SHAREHOLDERS' FUNDS 28,421 34,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Stephen Mayson Limited (Registered number: 07192867)

Balance Sheet - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:





Prof S Mayson - Director


Stephen Mayson Limited (Registered number: 07192867)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Stephen Mayson Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoices sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and Fittings - 25% straight line
Books - 25% straight line
Computer equipment - 33.33% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted and that are expected to apply to the reversal of the timing difference.

Current or deferred taxation liabilities are not discounted.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Stephen Mayson Limited (Registered number: 07192867)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
Fittings Books equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 16,860 1,092 6,647 24,599
DEPRECIATION
At 1 April 2023
and 31 March 2024 16,860 1,092 6,647 24,599
NET BOOK VALUE
At 31 March 2024 - - - -
At 31 March 2023 - - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 557 526

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 1,353 2,873
Other creditors 791 383
2,144 3,256