REGISTERED NUMBER: 00493510 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Mayfair & St. James's Association

Limited

Page

Company Information

1

Report of the Directors

2

Chartered Accountants' Report

3

Income Statement

4

Statement of Financial Position

5

Notes to the Financial Statements

6

DIRECTORS:

M C Gibbs

J A Rick

D J Herbert

S K Drake

SECRETARY:

D J Herbert

REGISTERED OFFICE:

Endeavour House

78 Stafford Road

Wallington

SM6 9AY

REGISTERED NUMBER:

00493510 (England and Wales)

ACCOUNTANTS:

PB Partners LLP

Endeavour House

78 Stafford Road

Wallington

Surrey

SM6 9AY

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of a business networking organisation in the heart ofLondon's West End.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

M C Gibbs

J A Rick

D J Herbert

S K Drake

POLITICAL DONATIONS AND EXPENDITURE

During the year, the company made charitable donations totalling £2,177 (2024: £893)

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

M C Gibbs - Director

24 April 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mayfair & St. James's Association Limited for the year ended 31 December 2025 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Mayfair & St. James's Association Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mayfair & St. James's Association Limited and state those matters that we have agreed to state to the Board of Directors of Mayfair & St. James's Association Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mayfair & St. James's Association Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mayfair & St. James's Association Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Mayfair & St. James's Association Limited. You consider that Mayfair & St. James's Association Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mayfair & St. James's Association Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

PB Partners LLP

Endeavour House

78 Stafford Road

Wallington

Surrey

SM6 9AY

24 April 2026

TURNOVER

37,653

39,636

Cost of sales

10,223

8,224

GROSS SURPLUS

27,430

31,412

Administrative expenses

30,152

30,319

(2,722

)

1,093

Other operating income

369

117

OPERATING (DEFICIT)/SURPLUS

(2,353

)

1,210

Interest receivable and similar income

270

314

(DEFICIT)/SURPLUS BEFORE TAXATION

(2,083

)

1,524

Tax on (deficit)/surplus

-

-

(DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR

(2,083

)

1,524

CURRENT ASSETS

Debtors

4

1,360

1,615

Cash at bank and in hand

53,345

55,768

54,705

57,383

CREDITORS

Amounts falling due within one year

5

8,232

8,827

NET CURRENT ASSETS

46,473

48,556

TOTAL ASSETS LESS CURRENT LIABILITIES

46,473

48,556

RESERVES

Income and expenditure account

46,473

48,556

46,473

48,556

46,473

48,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 surplus or deficit 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2026 and were signed on its behalf by:

M C Gibbs - Director

1.	STATUTORY INFORMATION

Mayfair & St. James's Association Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

* the amount of revenue can be measured reliably;

* it is probable that the Company will receive the consideration due under the contract;

* the stage of completion of the contract at the end of the reporting period can be measured reliably; and

* the costs incurred and the costs to complete the contract can be measured reliably.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 4 (2024 - 4 ) .

The company had four directors during the year, who take no remuneration or any benefits from their service.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,360

1,615

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,482

2,402

Accruals and deferred income

5,750

6,425

8,232

8,827

6.	RELATED PARTY DISCLOSURES

During the year under review and the previous year, the following were related parties:

S Drake (Director)

D Herbert (Director)

J A Rick (Director)

M C Hennessy-Gibbs (Director, Secretary, Chairman)

All four directors contributed membership fees to the association on a commercial arms length basis (in line with other members of the association) amounting to £2,290 (2024- £2,172) in annual and additional membership fees. These are in the normal course of business of the association and the parties have not benefited in any way that is different to other members of the association.