MAPLE_SPRINGFIELD_LIMITED - Accounts

The director presents his annual report and financial statements for the year ended 31 December 2019.

The principal activity during the year was providing property management services.

The director who held office during the year and up to the date of signature of the financial statements was as follows:

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The results stated above are derived from continuing activities.

The notes on pages 5 to 9 form part of these financial statements.

For the financial year ended 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for:

•     ensuring the company keeps proper accounting records which comply with Section 386 of the act, and

•     p

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.

These 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.

Maple Springfield Limited is a private company limited by shares incorporated in England and Wales. The registered office is 50 Curzon Street, London, W1J 7UW.

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of the tangible fixed assets over their expected useful lives as follows:

Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation are included in the profit and loss account for the period.

Non-monetary assets and liabilities denominated in foreign currencies, which are stated at historical cost, are translated to Sterling at foreign exchange rates ruling at the date of transactions.

The average number of employees during the year was 2. The director does not receive any remuneration from the company.

All amounts shown under debtors fall due for repayment within one year.

The amounts due from related undertakings are unsecured, interest free with no fixed terms of repayment. Each of the companies above is a fellow member of the group headed by the Marsh Trust.

The company is owned by Marsh Holdings Limited, a company registered in Jersey. The ultimate beneficial owner of the company is the Marsh Trust, a Jersey Trust.

On 11 March 2020 the World Health Organisation declared the COVID-19 outbreak to be a pandemic. The subsequent spread of this virus and the resultant lockdown measures implemented by the UK Government after the year-end date have had a significant impact on many businesses. To date, the company has experienced no material impact from COVID-19.