Company Registration No. 12398217 (England and Wales)
MAYOR & SON LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2021
PAGES FOR FILING WITH REGISTRAR
MAYOR & SON LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2
The detailed profit and loss account does not form part of the financial statements
Detailed profit and loss account
MAYOR & SON LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 JANUARY 2021
31 January 2021
- 1 -
2021
Notes
£
£
Current assets
Debtors
3
100
Net current assets
100
Capital and reserves
Called up share capital
100
The directors of the company have elected not to include a copy of the income statement within the financial statements.
true
For the financial period ended 31 January 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
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.
T
he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 5 July 2021 and are signed on its behalf by:
Mr SL Mayor
Director
Company Registration No. 12398217
MAYOR & SON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2021
- 2 -
1
Accounting policies
Company information
Mayor & Son Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
177a Chorley Road, Adlington, Lancashire, PR6 9LP.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the period. During
this time,
the company received no income and incurred no expenditure and therefore no Profit and loss account is presented
in these financial statements.
1.3
Foreign exchange
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
in the period
are included in profit or loss.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2021
Number
Total
2
3
Debtors
2021
Amounts falling due within one year:
£
Other debtors
100