Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2 2025-01-01 2 false Property develeopment false true false 09454522 2025-01-01 2025-12-31 09454522 2024-01-01 2024-12-31 09454522 2025-12-31 09454522 2024-12-31 09454522 c:Director3 2025-01-01 2025-12-31 09454522 d:FurnitureFittings 2025-01-01 2025-12-31 09454522 d:FurnitureFittings 2025-12-31 09454522 d:FurnitureFittings 2024-12-31 09454522 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 09454522 d:OfficeEquipment 2025-01-01 2025-12-31 09454522 d:OfficeEquipment 2025-12-31 09454522 d:OfficeEquipment 2024-12-31 09454522 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 09454522 d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 09454522 d:CurrentFinancialInstruments 2025-12-31 09454522 d:CurrentFinancialInstruments 2024-12-31 09454522 d:Non-currentFinancialInstruments 2025-12-31 09454522 d:Non-currentFinancialInstruments 2024-12-31 09454522 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 09454522 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 09454522 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 09454522 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 09454522 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-12-31 09454522 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-12-31 09454522 d:ShareCapital 2025-12-31 09454522 d:ShareCapital 2024-12-31 09454522 d:CapitalRedemptionReserve 2025-12-31 09454522 d:CapitalRedemptionReserve 2024-12-31 09454522 d:RetainedEarningsAccumulatedLosses 2025-12-31 09454522 d:RetainedEarningsAccumulatedLosses 2024-12-31 09454522 c:FRS102 2025-01-01 2025-12-31 09454522 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 09454522 c:FullAccounts 2025-01-01 2025-12-31 09454522 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09454522 d:IncreaseDecreaseDueToTransitionFromPreviousStandard 2024-01-01 09454522 d:IncreaseDecreaseDueToTransitionFromPreviousStandard 2024-12-31 09454522 d:CurrentFinancialInstruments d:WithinOneYear d:IncreaseDecreaseDueToTransitionFromPreviousStandard 2024-01-01 09454522 d:CurrentFinancialInstruments d:WithinOneYear d:IncreaseDecreaseDueToTransitionFromPreviousStandard 2024-12-31 09454522 d:Non-currentFinancialInstruments d:AfterOneYear d:IncreaseDecreaseDueToTransitionFromPreviousStandard 2024-01-01 09454522 d:Non-currentFinancialInstruments d:AfterOneYear d:IncreaseDecreaseDueToTransitionFromPreviousStandard 2024-12-31 09454522 d:IncreaseDecreaseDueToTransitionFromPreviousStandard 2024-01-01 2024-12-31 09454522 d:AcceleratedTaxDepreciationDeferredTax 2025-12-31 09454522 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 09454522 d:TaxLossesCarry-forwardsDeferredTax 2025-12-31 09454522 d:TaxLossesCarry-forwardsDeferredTax 2024-12-31 09454522 2 2025-01-01 2025-12-31 09454522 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 09454522 MAYFAIR COUNTRY HOMES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
MAYFAIR COUNTRY HOMES LIMITED REGISTERED NUMBER: 09454522 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 763 |  | 894
|  |  | 763 |  | 894
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 35,563 |  | 25,821 |
Cash at bank and in hand | 6 | 10,280 |  | 786 |
|  | 45,843 |  | 26,607 |
Creditors: amounts falling due within one year | 7 | (28,527) |  | (72,753) |
Net current assets/(liabilities) |  |  | 17,316 |  | (46,146)
Total assets less current liabilities |  |  | 18,079 |  | (45,252)
Creditors: amounts falling due after more than one year | 8 |  | (31,984) |  | (37,937)
Provisions for liabilities |  |  |  |  |
Deferred tax | 10 | - |  | (224) |
|  |  | - |  | (224)
Net liabilities |  |  | (13,905) |  | (83,414)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 50 |  | 50
Capital redemption reserve |  |  | 50 |  | 50
Profit and loss account |  |  | (14,005) |  | (83,514)
|  |  | (13,905) |  | (83,414)
Page 1
MAYFAIR COUNTRY HOMES LIMITED REGISTERED NUMBER: 09454522 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
................................................ C M Brankin
Director
Date: 15 July 2026
The notes on pages 3 to 13 form part of these financial statements. Page 2
MAYFAIR COUNTRY HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Mayfair Country Homes Limited is a company limited by shares, incorporated in England and Wales. The address of the company's registered office is First floor, Radius House, 51 Clarendon Road, Watford, Hertfordshire, WD17 1HP. The company's principal activity is that of property developement. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements represent the first year the company has adopted the small companies regime. The policies applied under the entity's previous accounting framework are not materially different to FRS 102/1a and have not impacted on equity or profit or loss. The following principal accounting policies have been applied:
| 2.2 | Going concern
The accounts have been prepared on a going concern basis which assumes that the company will continue to trade. The validity of this assumption is dependent on sufficient and continuing financial support being made available by the company’s directors, the shareholders and the creditors. If the company were unable to continue to trade adjustments would have to be made to reduce the value of the assets to their realisable amounts, to reclassify fixed assets as current assets, long-term liabilities as current liabilities, and to provide for any further liabilities that may arise Page 3
MAYFAIR COUNTRY HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.3 | Revenue
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: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| 2.4 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.7 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 4
MAYFAIR COUNTRY HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.8 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.9 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Fixtures and fittings | - | 20% |
|  |  |  | Office equipment | - | 10% |
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Page 5
MAYFAIR COUNTRY HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.13 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.14 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Page 6
MAYFAIR COUNTRY HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.14 | Financial instruments (continued)
Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Derecognition of financial instruments Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
Page 7
MAYFAIR COUNTRY HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
4. | Tangible fixed assets
|  | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 January 2025 | 571 | 541 | 1,112
| At 31 December 2025 | 571 | 541 | 1,112
| Depreciation |  |  |
| At 1 January 2025 | 103 | 115 | 218
| Charge for the year on owned assets | 46 | 85 | 131
| At 31 December 2025 | 149 | 200 | 349
| Net book value |  |  |
| At 31 December 2025 | 422 | 341 | 763
| At 31 December 2024 | 468 | 426 | 894
Page 8
MAYFAIR COUNTRY HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 6,505 | 6,505
| Amounts owed by group undertakings | 16,765 | 13,446
| Other debtors | 1,553 | 5,870
| Deferred taxation | 10,740 | -
|  | 35,563 | 25,821
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 10,280 | 786
|  | 10,280 | 786
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 6,823 | 8,895
| Trade creditors | 9,435 | 51,572
| Other taxation and social security | 969 | 2,606
| Other creditors | 7,100 | 5,550
| Accruals and deferred income | 4,200 | 4,130
|  | 28,527 | 72,753
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other loans | 31,984 | 37,937
|  | 31,984 | 37,937
Page 9
MAYFAIR COUNTRY HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 6,823 | 8,895
|  | 6,823 | 8,895
| Amounts falling due 1-2 years |  |
| Other loans | 31,984 | 37,937
|  | 31,984 | 37,937
|  | 38,807 | 46,832
Page 10
MAYFAIR COUNTRY HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
10. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (224)
| Charged to profit or loss | 10,964
| At end of year | 10,740
| The deferred taxation balance is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (191) | (224)
| Tax losses carried forward | 10,931 | -
|  | 10,740 | (224)
Page 11

|  | MAYFAIR COUNTRY HOMES LIMITED |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
11. | First time adoption of FRS 102
| The Company transitioned to FRS 102 from previously extant UK GAAP as at 1 January 2024. The impact of the transition to FRS 102 is as follows:
|  | As previously stated 1 January 2024 | Effect of transition 1 January 2024 | FRS 102 (as restated) 1 January 2024 | As previously stated 31 December 2024 | Effect of transition 31 December 2024 | FRS 102 (as restated) 31 December 2024
| Note | £ | £ | £ | £ | £ | £
| Fixed assets |  | - | 1,052 | 1,052 | - | 894 | 894
| Current assets |  | - | 94,234 | 94,234 | - | 26,607 | 26,607
| Creditors: amounts falling due within one year |  | - | (75,884) | (75,884) | - | (72,753) | (72,753)
| Net current assets/(liabilities) |  | - | 18,350 | 18,350 | - | (46,146) | (46,146)
| Total assets less current liabilities |  | - | 19,402 | 19,402 | - | (45,252) | (45,252)
| Creditors: amounts falling due after more than one year |  | - | - | - | - | (37,937) | (37,937)
| Provisions for liabilities |  | - | (263) | (263) | - | (224) | (224)
| Net assets/(liabilities) |  | - | 19,139 | 19,139 | - | (83,413) | (83,413)
| Capital and reserves |  | - | 19,139 | 19,139 | - | (83,413) | (83,413)
Page 12

MAYFAIR COUNTRY HOMES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 11.First time adoption of FRS 102 (continued)
|  | As previously stated 31 December 2024 | Effect of transition 31 December 2024 | FRS 102 (as restated) 31 December 2024
| Note | £ | £ | £
| Turnover |  | - | 1,503,391 | 1,503,391
| Cost of sales |  | - | (1,492,264) | (1,492,264)
|  |  | - | 11,127 | 11,127
| Administrative expenses |  | - | (113,752) | (113,752)
| Operating profit |  | - | (102,625) | (102,625)
| Interest receivable and similar income |  | - | 34 | 34
| Taxation |  | - | 39 | 39
| Loss on ordinary activities after taxation and for the financial year |  | - | (102,552) | (102,552)
Explanation of changes to previously reported profit and equity:
| 1 |
Page 13