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REGISTERED NUMBER: 00142036 (England and Wales)















Financial Statements for the Period 1 May 2016 to 31 October 2017

for

Ambrose & Co. (Mayfair), Limited

Ambrose & Co. (Mayfair), Limited (Registered number: 00142036)






Contents of the Financial Statements
for the Period 1 May 2016 to 31 October 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ambrose & Co. (Mayfair), Limited

Company Information
for the Period 1 May 2016 to 31 October 2017







DIRECTORS: M Fiori
R Fiori
A Fiori





SECRETARY: M Fiori





REGISTERED OFFICE: 123 Mount Street
London
W1K 3NP





REGISTERED NUMBER: 00142036 (England and Wales)





ACCOUNTANTS: K Khiroya, AFA
LMK Accounting Ltd
67 Southfield Avenue
Watford
Hertfordshire
WD24 7DX

Ambrose & Co. (Mayfair), Limited (Registered number: 00142036)

Balance Sheet
31 October 2017

31.10.17 30.4.16
Notes £    £    £    £   
FIXED ASSETS
Investments 4 153,252 153,252

CURRENT ASSETS
Debtors 5 58,619 15,765

CREDITORS
Amounts falling due within one year 6 164,725 81,651
NET CURRENT LIABILITIES (106,106 ) (65,886 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,146

87,366

CAPITAL AND RESERVES
Called up share capital 9,834 13,112
Retained earnings 7 37,312 74,254
SHAREHOLDERS' FUNDS 47,146 87,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 29 June 2018 and were signed on its behalf by:





M Fiori - Director


Ambrose & Co. (Mayfair), Limited (Registered number: 00142036)

Notes to the Financial Statements
for the Period 1 May 2016 to 31 October 2017

1. STATUTORY INFORMATION

Ambrose & Co. (Mayfair), Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A
These financial statements for the period ended 31 October 2017 are the first that are prepared in accordance
with FRS 102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the
date of transition to FRS 102 Section 1A is 1 May 2015.

Preparation of consolidated financial statements
The financial statements contain information about Ambrose & Co. (Mayfair), Limited as an individual company
and do not contain consolidated financial information as the parent of a group. The company has taken the option
under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past
event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be
reliably estimated.

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with
banks, other short-term liquid investments with original maturities of three months or less, and
bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Ambrose & Co. (Mayfair), Limited (Registered number: 00142036)

Notes to the Financial Statements - continued
for the Period 1 May 2016 to 31 October 2017

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102
Section 11.

Basic financial instruments, which include trade and other receivables and payables, cash and bank
balances, are recognised at amortised cost.

Advanced financial instruments which include interest rate swaps and forward foreign exchange contracts, are
initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2016
and 31 October 2017 153,252
NET BOOK VALUE
At 31 October 2017 153,252
At 30 April 2016 153,252

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 30.4.16
£    £   
Amounts owed by group undertakings 42,854 -
Other debtors 15,765 15,765
58,619 15,765

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 30.4.16
£    £   
Amounts owed to group undertakings 1,500 78,232
Taxation and social security 800 2,115
Other creditors 162,425 1,304
164,725 81,651

7. RESERVES

On the 16 November 2016 the company purchased its own 1,221 ordinary shares of £2 each and 418 preference
shares of £2 each at a premium of £1,650,000.