Mayfield Personnel Services Limited - Period Ending 2014-12-31

Registration number: 03161296

Mayfield Personnel Services Limited

Unaudited Abbreviated Accounts

for the Period from 1 April 2014 to 31 December 2014

 

Gilbert, Allan & Co
8 Rodborough Road
London
NW11 8RY

Mayfield Personnel Services Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Mayfield Personnel Services Limited
for the Period Ended 31 December 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mayfield Personnel Services Limited for the period ended 31 December 2014 set out on pages 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 at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Mayfield Personnel Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Mayfield Personnel Services Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mayfield Personnel Services Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Mayfield Personnel Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Mayfield Personnel Services Limited. You consider that Mayfield Personnel Services Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Mayfield Personnel Services 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 accounts.

......................................

Gilbert, Allan & Co
8 Rodborough Road
London
NW11 8RY

21 September 2015

Page 1

Mayfield Personnel Services Limited
(Registration number: 03161296)
Abbreviated Balance Sheet at 31 December 2014

		Note			31 December 2014 £			31 March 2014 £
Current assets
Debtors					47,167			7,683
Cash at bank and in hand					11,146			902
					58,313			8,585
Creditors: Amounts falling due within one year					(33,683)			(2,996)
Net assets					24,630			5,589
Capital and reserves
Called up share capital		2			2			2
Profit and loss account					24,628			5,587
Shareholders' funds					24,630			5,589

For the year ending 31 December 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 21 September 2015 and signed on its behalf by:

.........................................
Mr Michael Stephen NOLLOTH
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Mayfield Personnel Services Limited
Notes to the Abbreviated Accounts for the Period from 1 April 2014 to 31 December 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2	Share capital

Allotted, called up and fully paid shares

	31 December 2014						31 March 2014
		No.			£			No.			£
Ordinary of £1 each		2			2.00			2			2.00
Preference of £1 (2014 - £0.00) each		8			8.00			-			-
		10			10			2			2

New shares allotted

During the period 8 Preference A having an aggregate nominal value of £8 were allotted for an aggregate consideration of £8.

Page 3