Company Registration No. 05304145 (England and Wales)
MAYFAIR INTERNATIONAL EVENTS (UK) LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
MAYFAIR INTERNATIONAL EVENTS (UK) LIMITED
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2
Notes to the abbreviated accounts
3
MAYFAIR INTERNATIONAL EVENTS (UK) LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MAYFAIR INTERNATIONAL EVENTS (UK) LIMITED FOR THE YEAR ENDED 31 DECEMBER 2014
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The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 3 have been prepared.
In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 1985, we have compiled the financial statements of Mayfair International Events (UK) Limited for the year ended 31 December 2014, set out on pages 3 to 6 from the accounting records and information and explanations you have given to us.
This report is made solely to the Board of Directors of as a body, in accordance with the terms of our engagement letter.
It is your duty to ensure that Mayfair International Events (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Mayfair International Events (UK) Limited. You consider that Mayfair International Events (UK) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Mayfair International Events (UK) 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 financial statements.
Gerald Edelman
27 August 2015
Chartered Accountants
73 Cornhill
London
EC3V 3QQ
MAYFAIR INTERNATIONAL EVENTS (UK) LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2014
31 December 2014
- 2 -
2014
2013
Notes
€
€
€
€
Current assets
Debtors
2
2
Cash at bank and in hand
-
15,193
2
15,195
Creditors: amounts falling due within one year
(1,380)
(16,435)
Total assets less current liabilities
(1,378)
(1,240)
Capital and reserves
Called up share capital
2
2
2
Profit and loss account
(1,380)
(1,242)
Shareholders' funds
(1,378)
(1,240)
For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 27 August 2015
Mr Antoine Awad
Director
Company Registration No. 05304145
MAYFAIR INTERNATIONAL EVENTS (UK) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014
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1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for consultancy fees on an accruals basis.
1.4
Foreign currency translation
The functional currency is the euro.
Monetary assets and liabilities denominated in foreign currencies are translated into euro at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.
2
Share capital
2014
2013
€
€
Allotted, called up and fully paid
2 Ordinary shares of €1 each
2
2
3
Ultimate parent company
The company is a wholly owned subsidiary of AA Management SA.