MERSCENE LIMITED

Company Registration Number:
01280706 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

MERSCENE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MERSCENE LIMITED

Company Information

for the Period Ended 31 December 2021




Director: Christopher Hastings
Michael Hastings
Patricia Hastings
Secretary: Patricia Hastings
Registered office: 38
Pay Street
Densole
Folkestone
Kent
CT18 7DY
Company Registration Number: 01280706 (England and Wales)

MERSCENE LIMITED

Directors' Report Period Ended 31 December 2021

The directors present their report with the financial statements of the company for the period ended 31 December 2021

Principal Activities

Property ketting

Directors

The directors shown below have held office during the whole of the period from 01 January 2021 to 31 December 2021
Christopher Hastings
Michael Hastings
Patricia Hastings

Secretary
Patricia Hastings

This report was approved by the board of directors on 15 August 2022
And Signed On Behalf Of The Board By:

Name: Patricia Hastings
Status: Director

MERSCENE LIMITED

Profit and Loss Account

for the Period Ended 31 December 2021


Notes

2021
£

2020
£
Turnover 16,035 15,441
Cost of sales ( 17,664 ) ( 14,443 )
Gross Profit or (Loss) ( 1,629 ) 998
Operating Profit or (Loss) ( 1,629 ) 998
Profit or (Loss) Before Tax ( 1,629 ) 998
Profit or (Loss) for Period ( 1,629 ) 998

The notes form part of these financial statements

MERSCENE LIMITED

Balance sheet

As at 31 December 2021


Notes

2021
£

2020
£
Fixed assets
Intangible assets: 4 165,000 165,000
Total fixed assets: 165,000 165,000
Current assets
Cash at bank and in hand: 7,180 8,810
Total current assets: 7,180 8,810
Net current assets (liabilities): 7,180 8,810
Total assets less current liabilities: 172,180 173,810
Creditors: amounts falling due after more than one year: 5 ( 40,062 ) ( 40,063 )
Total net assets (liabilities): 132,118 133,747

The notes form part of these financial statements

MERSCENE LIMITED

Balance sheet continued

As at 31 December 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 50 50
Revaluation reserve: 6 105,000 105,000
Profit and loss account: 27,068 28,697
Shareholders funds: 132,118 133,747

For the year ending 31 December 2021 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 15 August 2022
And Signed On Behalf Of The Board By:

Name: Patricia Hastings
Status: Director

The notes form part of these financial statements

MERSCENE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MERSCENE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 0 0

MERSCENE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 3. Off balance sheet disclosure

    No

MERSCENE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Intangible assets

Goodwill Other Total
Cost £ £ £
At 01 January 2021 165,000 - 165,000
Additions 0 - 0
Disposals ( 0 ) - ( 0 )
Revaluations 0 - 0
Transfers 0 - 0
At 31 December 2021 165,000 - 165,000
Amortisation
Amortisation at 01 January 2021 0 - 0
Charge for year 0 - 0
On disposals ( 0 ) - ( 0 )
Other adjustments 0 - 0
Amortisation at 31 December 2021 0 - 0
Net book value
Net book value at 31 December 2021 165,000 - 165,000
Net book value at 31 December 2020 165,000 - 165,000

MERSCENE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5.Creditors: amounts falling due after more than one year


2021
£

2020
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 40,062 40,063
Total 40,062 40,063

MERSCENE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6. Revaluation reserve


2021
£
Balance at 01 January 2021 105,000
Surplus or deficit after revaluation 0
Balance at 31 December 2021 105,000