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Registered number: 11821375
The Mayflower Leigh-on-Sea Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Clouders (Audit & Accounts) Ltd
Chartered Certified Accountants
Charter House, 103-105 Leigh Road
Leigh-On-Sea
Essex
SS9 1JL
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 11821375
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 90,494 96,743
90,494 96,743
CURRENT ASSETS
Stocks 5 16,392 23,072
Debtors 6 515,062 393,945
Cash at bank and in hand 162,367 149,396
693,821 566,413
Creditors: Amounts Falling Due Within One Year 7 (173,182 ) (167,283 )
NET CURRENT ASSETS (LIABILITIES) 520,639 399,130
TOTAL ASSETS LESS CURRENT LIABILITIES 611,133 495,873
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,494 ) (11,424 )
NET ASSETS 599,639 484,449
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 598,639 483,449
SHAREHOLDERS' FUNDS 599,639 484,449
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr B G Levy
Director
23/12/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 April 2023 1,000 373,096 374,096
Profit for the year and total comprehensive income - 185,353 185,353
Dividends paid - (75,000) (75,000)
As at 31 March 2024 and 1 April 2024 1,000 483,449 484,449
Profit for the year and total comprehensive income - 190,190 190,190
Dividends paid - (75,000) (75,000)
As at 31 March 2025 1,000 598,639 599,639
Page 3
Page 4
Notes to the Financial Statements
1. General Information
The Mayflower Leigh-on-Sea Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11821375 . The registered office is 5-6 High Street, Leigh-on-Sea, Essex, SS9 2EN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Improvements 10 years on a straight line basis
Fixtures & Equipment 20% on a reducing balance basis
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 4
Page 5
3. Average Number of Employees
Average number of employees, including directors, during the year was: 25 (2024: 29)
25 29
4. Tangible Assets
Land & Property
Improvements Fixtures & Equipment Total
£ £ £
Cost
As at 1 April 2024 62,054 107,262 169,316
Additions - 12,356 12,356
Disposals - (1,014 ) (1,014 )
As at 31 March 2025 62,054 118,604 180,658
Depreciation
As at 1 April 2024 12,817 59,756 72,573
Provided during the period 6,205 11,821 18,026
Disposals - (435 ) (435 )
As at 31 March 2025 19,022 71,142 90,164
Net Book Value
As at 31 March 2025 43,032 47,462 90,494
As at 1 April 2024 49,237 47,506 96,743
5. Stocks
2025 2024
£ £
Stock 16,392 23,072
6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 18,186 11,615
Other debtors 496,876 382,330
515,062 393,945
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Page 6
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 31,666 30,402
Corporation tax 65,395 64,083
Other taxes and social security 28,858 30,495
Other creditors 40,602 36,610
Accrued expenses 6,661 5,693
173,182 167,283
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 686 686
Later than one year and not later than five years - 686
686 1,372
10. Related Party Transactions
The company operates from premises owned by the shareholder, for which no rent is charged. The market rental of the premises is unknown.
The company maintains a loan account with the shareholder, which is interest-free and repayable on demand. As at 31st March 2025, the balance due to the shareholder in respect of the loan account was £35,226 (2024: £39,894).
The company also maintains loan accounts with entities controlled by the director and the shareholder, which are interest-free and repayable on demand. As at 31st March 2025, the aggregate amount owed to the company in respect of these loans was £496,876 (2024: £382,329).
Page 6