MAYFAIR BUSINESS CENTRE LIMITED
(A conipany IlmLted by guarantee)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF MAYFAIR BUSINESS CENTRE LIMITED
Opinlon
We have audited the fLnancial statements of Mayfair Business Centre Limlted for the year ended 30 September 2023
wh(ch comprise the Statement of Financial ActiVLties (Incorporating the Income and Expenditure Account), the Balance
Sheet, Cash Flow StatemenL the Accounting Policies and the related notes. The financial reporting framework that has
been applied in thelr preparation ts applLcable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Prattice).
In our opinion the financial statements.,
g(ve atrue and falr view ofthe companys affairs as at 30 September 2023 and of Its income forthe yearthen ended,.
have been properly prepared in accordance with United Klngdom Generally Accepted Accounting Prartice; and
have been prepared in accordance with the requirements of the Companies Act 2006,
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditlng (U K) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are further descrlbed in the Audltor's responsibillties for the audit of the
accounts section of our reporL We are Independent of the company In accordance with the ethlcal requirements that
are relevant to our audit of the accounts In the UK, including the FRC'S Ethical Standard and wè have fulfilled our other
ethical responstbilities in accordance with these requirements. We bel(eve that the audit evidence we have obtained is
sufflcient and appropriate to provide a basis for our opinion.
Concluslons relatlng to golng concern
In auditing the financial statements. we have concluded that the directors, use of the going concern basis of accounting
In the preparation of the financiaL statement5 is appropriate.
Based on the work WÈ have performed, we have not identified any material uncertainties relating to events or conditions
that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for
a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilitie5 and the responsibilitie5 of the directors with respect to going concern are described In the relevant
sections of this report.

MAYF*%lR BUSINESS CENTRE LIMITED
(A con•Pany Limlted by guarantee)
INDEPfjMDeNT AUDITORS. REPORT TO THE MEMBERS OF MAYFAIR BUSINESS CENTRE LIMITED
Other Illformatlon
The other information comprises the information included in the annual report other than the financial staternents and
our auditor's report thereon. The directors are responsible for the other information contained within the annual report,
Our opinion on the financial statements does not cover the other information and, except to the extenl otherwise
explicitly ststed in our repor( we do not express any forni of assurance concLusion thereon. Our responsibility is to read
the other information and, in doing so, consider whether the other information is materially inconsistent with the
financial statements or our knowLedge obtained in the course of the audit or otheNise appear5 to be materially
misstated, If we identify such mater(al inconsistencies or apparent material misstatements, we are required to determine
whetherthis gives rlse to a material misstatement in the financial statements themselves. If, based on the work we have
performed, we concLude that there is a rnaterial misstaternent of this other information, we are required to report that
facL
We have nothtng to report in thLs regard.
Optnloni on other matter$ prescrlbed by Ihe Companles Act 2006
In our opinion, based on the work undertaken in the course of our audit:
the information given in the directors, report for the financial year for which the fLnanclat statements are
prepared is consistent Wlth the financial 5tatements,' and
the directors, report ha5 been prepared in accordance with applicable legal requirements.
Matters on which we are requlred to report by exceptlon
In the light of the knowledge and understanding of the company and its environment obtslned in the course of the
audit, we have not identif￿d rnaterial mtsstatements in the directors, report. We have nothing to report in respecl of
the folLowing matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report lo
you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not been received
from branches not vlslted by us,. or
the financlal statements are not in agreement WLth the accounting records and returns,. or
certain disclosures of dlrectors, remuneratlon specifLed by law are not made,. or
we have not received alL the information and explanations we require for our audit.
Statefflent of Dirertors. re5ponsibilitieg
As expla(ned more fully in the direttors, responsibilities statemenL the trustees, who are also the directors of the for the
purpose of company law, are responsible for the preparation of the account5 and for bein9 Satisfied thal they give
true and fair view, and for such internal control as the dirertors detemine is necessary to enable the preparation of
accounts that are free from material misstatement, whether due to fraud or error.
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MAYFAIR BUSINESS CENTRE LIMITED
{A company Ilmlted by 9uarant••)
INDEPENDENT AUDrroRS' REPORT TO THE MEMBERS OF MAYFAIR BUSINESS CENTRE LIMITED
In preparin9 the accounts, they are responsible for assessing the compan￿5 ability to continue as a going concer
disclosing, as applicable. matters related to going concem and using the going concern basis of accounting unless they
either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.
Auditor's respon51bllltles foy the audlt of the Ilnanctal statements
Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free from material
misstatement, whether due to fraud or error, and to issue an auditorfs report that (ncludes our opinion. ReasonabLe
assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) wiiL
always detect a rnaterial misstatemènt when it exists. Misstatements can ar￿e from fraud or error and are consldered
material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of
users taken on the basis of these accounts.
Irregutarities, including fraud, are in5tan¢es of non-compliance with laws and regulatlons. We design procedures in line
with our responsibilities, outlined above, to detect material misstatèments in respect of irregularities, including fraud.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
We obtained an undetstanding of the legal and regulatory framework applicabl• to Ihe wmpany through enquiry of
management, (ndustry research and the appllcatlon of cumulative audit knowledge.we identifled the following prlncipal
Laws and regulations relevant to the company- Companies Act 2￿6 and the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102).
We dweloped an understanding of the key fraud risks to the entity (including how fraud might occur), the controls in
place to help mitigate Ih05e risks, and the accounts, balances and disclosures within the f(nancial statement5 which may
be susceptible to management bias. Our understanding was obtained through review of the financial statements for
Significant accounting estimatss, analysis of joumal entries, walkthrough of the key controls cycles in place and enqulry
of management.
Our procedures to respond to those risks Identified included, but were not Ilmlted to:
Enquiry of management, those charged with govemance and the entitys solicitors (or In-house legal team)
around actual and potential litigation and claims.
Enquiry of entity staff in tax and VAT functions to identify any instsnces of non-compllance with Law5 and
regulations.
Reviewing minutes of meeting5 of those charged with govemance.
Reviewing fmancial statement dtsclosures and testing to supporting documentation to assess compliance with
applicable laws and regulations.
A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council's
website at:
http.'//wM.frc.org.uk/auditorsresponsibiLities. This description fonns pait of our auditorfs report.
li

MAYFAIR BUSINESS CENTRE LIMITED
(A ¢oMpany limited by guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF MAYFAIR BUSINESS CENTRE LIMITED
The purpos• of our audlt work and to whom w• owe our Yespon$lbll(tles
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of
the Cornpanies Act 2006 and regulations made under that ACL Our audit work ha5 been undertaken so that we might
state to the charity's trustees those matters we are required to State to them in an auditor5, report and for no other
purpose To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the
charlty and the charitys trustees as a body, for o
audit worK for thi5 repor¢ or for the opinions we have formed.
Feargal Mccormack (S•nlor Statutory Audltor)
for and on behalf of
FPM Accountants Umltsd
Chartered Accountants and Statutory Auditors
Dromalane Mill
The Quays
Newry
Co. Down
BT35 8QS
19th June 2024
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