Company Registration No. 12840988 (England and Wales)
MAYFIELD ANDERSON LTD
Unaudited accounts
for the year ended 31 August 2024
MAYFIELD ANDERSON LTD
Unaudited accounts
Contents
MAYFIELD ANDERSON LTD
Company Information
for the year ended 31 August 2024
Company Number
12840988 (England and Wales)
Registered Office
220 HEATHFIELD ROAD
BIRMINGHAM
WEST MIDLANDS
B19 1JQ
UNITED KINGDOM
MAYFIELD ANDERSON LTD
Statement of financial position
as at 31 August 2024
Called up share capital not paid
-
(1)
Tangible assets
1,092,583
931,523
Cash at bank and in hand
11
1,686
Creditors: amounts falling due within one year
(141,513)
(96,186)
Net current liabilities
(141,502)
(94,500)
Total assets less current liabilities
951,081
837,022
Creditors: amounts falling due after more than one year
(954,795)
(843,273)
Net liabilities
(3,714)
(6,251)
Called up share capital
1
1
Profit and loss account
(3,715)
(6,252)
Shareholders' funds
(3,714)
(6,251)
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 22 May 2025 and were signed on its behalf by
Abrar RASUL
Director
Company Registration No. 12840988
MAYFIELD ANDERSON LTD
Notes to the Accounts
for the year ended 31 August 2024
MAYFIELD ANDERSON LTD is a private company, limited by shares, registered in England and Wales, registration number 12840988. The registered office is 220 HEATHFIELD ROAD, BIRMINGHAM, WEST MIDLANDS, B19 1JQ, UNITED KINGDOM.
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.
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less any accumulated impairment losses. No depreciation has been charged on the properties as they are considered to have an indefinite useful life.
4
Tangible fixed assets
Land & buildings
At 1 September 2023
931,523
At 31 August 2024
1,092,583
At 31 August 2024
1,092,583
MAYFIELD ANDERSON LTD
Notes to the Accounts
for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
596
732
Loans from directors
139,117
93,654
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
714,078
639,506
Other creditors
240,717
203,767
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).