Company Registration No. 14603884 (England and Wales)
Mayfun Properties Ltd
Unaudited accounts
for the year ended 31 January 2025
Mayfun Properties Ltd
Unaudited accounts
Contents
Mayfun Properties Ltd
Company Information
for the year ended 31 January 2025
Director
AYENI MAYOWA LAWRENCE
Company Number
14603884 (England and Wales)
Registered Office
11 Longshaw Close
Manchester
Lancashire
M8 5XL
England
Mayfun Properties Ltd
Statement of financial position
as at 31 January 2025
Tangible assets
105,000
105,000
Cash at bank and in hand
215
1,409
Creditors: amounts falling due within one year
(105,000)
(105,000)
Net current liabilities
(104,785)
(103,591)
Called up share capital
2
2
Profit and loss account
213
1,407
Shareholders' funds
215
1,409
For the year ending 31 January 2025 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 14 October 2025 and were signed on its behalf by
AYENI MAYOWA LAWRENCE
Director
Company Registration No. 14603884
Mayfun Properties Ltd
Notes to the Accounts
for the year ended 31 January 2025
Mayfun Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14603884. The registered office is 11 Longshaw Close, Manchester, Lancashire, M8 5XL, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2024
70,000
35,000
105,000
At 31 January 2025
70,000
35,000
105,000
At 31 January 2025
70,000
35,000
105,000
At 31 January 2024
70,000
35,000
105,000
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
105,000
105,000
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).