Accounts filed on 31-07-2016


20583772015-08-012016-07-31falsetruehttp://www.companieshouse.gov.uk/2015-07-31http://www.companieshouse.gov.uk/pt:LandBuildingspt:LongLeaseholdProperties2016-07-31http://www.companieshouse.gov.uk/cd:Director12015-08-012016-07-31http://www.companieshouse.gov.uk/pt:LandBuildingspt:LongLeaseholdProperties2015-08-012016-07-31http://www.companieshouse.gov.uk/pt:FixturesFittings2015-07-31http://www.companieshouse.gov.uk/pt:FixturesFittings2016-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-08-012016-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-07-31http://www.companieshouse.gov.uk/pt:FixturesFittings2015-08-012016-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-08-012016-07-31http://www.companieshouse.gov.uk/2014-08-012015-07-31http://www.companieshouse.gov.uk/2015-08-012016-07-31http://www.companieshouse.gov.uk/2015-07-31http://www.companieshouse.gov.uk/2016-07-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-08-012016-07-31http://www.companieshouse.gov.uk/pt:LandBuildingspt:LongLeaseholdProperties2015-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 2058377

Mayfair Apartments (UK) Ltd

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/07/2016

Prepared By:
Andrew & Co

Mayfair Apartments (UK) Ltd

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/07/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 2058377

Mayfair Apartments (UK) Ltd

Registered Number: 2058377
BALANCE SHEET AT 31/07/2016
20162015
Notes££
FIXED ASSETS
Tangible assets2676,097677,819
CURRENT ASSETS
Debtors (amounts falling due within one year)34343,723
Cash at bank and in hand21,5437,452
21,97711,175
CREDITORS: Amounts falling due within one year382,098390,877
NET CURRENT LIABILITIES(360,121)(379,702)
TOTAL ASSETS LESS CURRENT LIABILITIES315,976298,117
CREDITORS: Amounts falling due after more than one year4139,153142,730
NET ASSETS176,823155,387
CAPITAL AND RESERVES
Called up share capital522
Profit and loss account176,821156,368
SHAREHOLDERS' FUNDS176,823156,370
Difference on accounts-(983)
For the year ending 31/07/2016 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 24/04/2017 and signed on their behalf by
P.J. Arvanitopoulos
Director

Mayfair Apartments (UK) Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittings 25%
Equipment 25%
1c. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1e. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 6).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.

Mayfair Apartments (UK) Ltd

2. TANGIBLE FIXED ASSETS
Long LeaseholdFixtures
Propertiesand FittingsTotal
£££
Cost
At 01/08/2015673,8844,954678,838
At 31/07/2016673,8844,954678,838
Depreciation
At 01/08/2015-2,0022,002
For the year-739739
At 31/07/2016-2,7412,741
Net Book Amounts
At 31/07/2016673,8842,213676,097
At 31/07/2015673,8842,952676,836
3. DEBTORS 20162015
££
Amounts falling due within one year:
Other debtors4343,723
4343,723
4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20162015
££
Bank loans and overdrafts139,153142,730
139,153142,730

Mayfair Apartments (UK) Ltd

5. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
6. REVALUATION RESERVE 20162015
££
Revaluation reserve120,000-
Revaluation reserve(120,000)-