COMPANY REGISTRATION NUMBER:
06608267
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Young Presidents' Organization - London Mayfair Integrated Limited |
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|
Company Limited by Guarantee |
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Filleted Unaudited Financial Statements |
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Young Presidents' Organization - London Mayfair Integrated Limited |
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Company Limited by Guarantee |
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Statement of Financial Position |
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30 June 2026
Current assets
|
Debtors |
4 |
252,263 |
|
220,160 |
|
Cash at bank and in hand |
736,301 |
|
521,311 |
|
-------- |
|
-------- |
|
988,564 |
|
741,471 |
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|
|
|
|
|
Prepayments and accrued income |
– |
|
45,850 |
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|
|
|
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Creditors: amounts falling due within one year |
5 |
53,840 |
|
29,216 |
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-------- |
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-------- |
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Net current assets |
|
934,724 |
758,105 |
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-------- |
-------- |
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Total assets less current liabilities |
|
934,724 |
758,105 |
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|
|
|
|
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Accruals and deferred income |
|
833,038 |
691,933 |
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-------- |
-------- |
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Net assets |
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101,686 |
66,172 |
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-------- |
-------- |
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Capital and reserves
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(Deficit)/Surplus |
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101,686 |
66,172 |
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-------- |
------- |
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Members funds |
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101,686 |
66,172 |
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-------- |
------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Young Presidents' Organization - London Mayfair Integrated Limited |
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|
Company Limited by Guarantee |
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Statement of Financial Position (continued) |
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30 June 2026
These financial statements were approved by the
board of directors
and authorised for issue on
29 October 2026
, and are signed on behalf of the board by:
Company registration number:
06608267
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Young Presidents' Organization - London Mayfair Integrated Limited |
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|
Company Limited by Guarantee |
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Notes to the Financial Statements |
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Year ended 30 June 2026
1.
General information
The company is a private company limited by guarantee, incorporated, registered and conducts its business in England and Wales with company number
06608267
. The address of the registered office is 9 Hurst Road, Longford, Coventry, CV6 6EG. On 17th April 2026 the Company changed its name from Young Presidents' Organization - London Mayfair Chapter to Young Presidents' Organization - London Mayfair Integrated Limited
.
2.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the company and rounded to the nearest £.
Committee members remuneration
No fees have been paid to members of the committee of management except for the bona fide reimbursement of money paid out on the organisation's business.
Judgements in applying accounting policies and key sources of estimation in uncertainty
In preparing these financial statements the directors have had to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. Estimates and associated assumptions are based on historic experience and various other factors including expectations of future events that are believed to be reasonable under the circumstances, however actual results may differ from these estimates. For this reporting date there are no significant judgements, estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable from chapter members in relation to annual dues.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
3.
Company limited by guarantee
The company is a company formed under the Companies Act as a company limited by guarantee and does not have a share capital. It's registered number is 06608267.
4.
Debtors
|
2026 |
2025 |
|
£ |
£ |
|
Trade debtors |
252,263 |
220,160 |
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-------- |
-------- |
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5.
Creditors:
amounts falling due within one year
|
2026 |
2025 |
|
£ |
£ |
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Trade creditors |
42,498 |
20,224 |
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Other creditors |
11,342 |
8,992 |
|
------- |
------- |
|
53,840 |
29,216 |
|
------- |
------- |
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6.
Related party transactions
No one individual controls the organisation and there are no related parties.