Company Registration No. 07993684 (England and Wales)
Mayfair Vision Limited
Unaudited accounts
for the year ended 31 March 2025
Mayfair Vision Limited
Unaudited accounts
Contents
Mayfair Vision Limited
Company Information
for the year ended 31 March 2025
Company Number
07993684 (England and Wales)
Registered Office
UNIT 3 STREAKES FIELD ROAD
LONDON
NW2 7GD
ENGLAND
Accountants
JVP ACCOUNTANTS LTD
1 Elmdon Road
Hounslow
Middlesex
TW4 7RG
Mayfair Vision Limited
Statement of financial position
as at 31 March 2025
Tangible assets
604,052
549,504
Inventories
145,923
85,678
Cash at bank and in hand
2,520
2,200
Creditors: amounts falling due within one year
(298,937)
(271,291)
Net current assets/(liabilities)
89,588
(15,306)
Total assets less current liabilities
693,640
534,198
Creditors: amounts falling due after more than one year
(170,031)
(58,543)
Net assets
523,609
475,655
Called up share capital
1,000
1,000
Profit and loss account
522,609
474,655
Shareholders' funds
523,609
475,655
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 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 11 December 2025 and were signed on its behalf by
MUHAMMAD RIAZ
Director
Company Registration No. 07993684
Mayfair Vision Limited
Notes to the Accounts
for the year ended 31 March 2025
Mayfair Vision Limited is a private company, limited by shares, registered in England and Wales, registration number 07993684. The registered office is UNIT 3 STREAKES FIELD ROAD, LONDON, NW2 7GD, 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
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
569,025
34,587
-
603,612
Additions
-
40,000
14,548
54,548
At 31 March 2025
569,025
74,587
14,548
658,160
At 1 April 2024
54,108
-
-
54,108
At 31 March 2025
54,108
-
-
54,108
At 31 March 2025
514,917
74,587
14,548
604,052
At 31 March 2024
514,917
34,587
-
549,504
Amounts falling due within one year
Trade debtors
124,562
92,342
Amounts falling due after more than one year
Trade debtors
75,765
75,765
Mayfair Vision Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
223,847
200,853
Taxes and social security
47,664
46,765
Other creditors
22,570
19,684
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
42,895
Taxes and social security
148,240
-
8
Average number of employees
During the year the average number of employees was 15 (2024: 15).