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REGISTERED NUMBER: 10482508 (England and Wales)










Financial Statements

for the Year Ended 30 March 2024

for

Mayfair & Regent Investments Ltd

Mayfair & Regent Investments Ltd (Registered number: 10482508)






Contents of the Financial Statements
for the Year Ended 30 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mayfair & Regent Investments Ltd

Company Information
for the Year Ended 30 March 2024







DIRECTORS: J E Purdy
J B Purdy





REGISTERED OFFICE: 108 Elvendon Road
Goring on Thames
Berkshire
RG8 0DR





REGISTERED NUMBER: 10482508 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Oaklea House
46 Coatham Road
Redcar
TS10 1RS

Mayfair & Regent Investments Ltd (Registered number: 10482508)

Balance Sheet
30 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 73,501 77,584

CURRENT ASSETS
Debtors 5 223,737 742,101
Cash at bank 830 191
224,567 742,292
CREDITORS
Amounts falling due within one year 6 (683,805 ) (268,675 )
NET CURRENT (LIABILITIES)/ASSETS (459,238 ) 473,617
TOTAL ASSETS LESS CURRENT
LIABILITIES

(385,737

)

551,201

CREDITORS
Amounts falling due after more than one year 7 (12,570 ) (22,562 )
NET (LIABILITIES)/ASSETS (398,307 ) 528,639

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9 (398,407 ) 528,539
(398,307 ) 528,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

Mayfair & Regent Investments Ltd (Registered number: 10482508)

Balance Sheet - continued
30 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 28 March 2025 and were signed on its behalf by:





J B Purdy - Director


Mayfair & Regent Investments Ltd (Registered number: 10482508)

Notes to the Financial Statements
for the Year Ended 30 March 2024

1. STATUTORY INFORMATION

Mayfair & Regent Investments Ltd 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - Straight line over 24 years

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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
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 by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

Mayfair & Regent Investments Ltd (Registered number: 10482508)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2024

4. TANGIBLE FIXED ASSETS
Long
leasehold
£   
COST
At 31 March 2023
and 30 March 2024 98,000
DEPRECIATION
At 31 March 2023 20,416
Charge for year 4,083
At 30 March 2024 24,499
NET BOOK VALUE
At 30 March 2024 73,501
At 30 March 2023 77,584

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 56,457 577,885
Directors' current accounts 167,280 164,216
223,737 742,101

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 10,000 10,007
Trade creditors 1,872 -
Corporation tax 56,986 10,837
Other creditors 613,897 245,958
Accrued expenses 1,050 1,873
683,805 268,675

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 12,570 22,562

Mayfair & Regent Investments Ltd (Registered number: 10482508)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2024

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,000 10,007

Amounts falling due between one and two years:
Bank loans - 1-2 years 12,570 22,562

9. RESERVES
Retained
earnings
£   

At 31 March 2023 528,539
Deficit for the year (926,946 )
At 30 March 2024 (398,407 )