2022-07-01 12664999 2023-06-30 12664999 2022-07-01 2023-06-30 12664999 2022-06-30 12664999 2021-07-01 2022-06-30 12664999 uk-core:WithinOneYear 2022-06-30 12664999 uk-core:WithinOneYear 2023-06-30 12664999 uk-core:ShareCapital 2023-06-30 12664999 uk-core:ShareCapital 2022-06-30 12664999 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 12664999 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 12664999 uk-bus:Director1 2022-07-01 2023-06-30 12664999 uk-core:ComputerEquipment 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure 12664999 uk-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 12664999 uk-bus:FRS102 2022-07-01 2023-06-30 12664999 uk-bus:FullAccounts 2022-07-01 2023-06-30 12664999 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
Mercer Electrical (South East) Ltd
Registered Number:12664999
For the year ended 30 June 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2023
Mercer Electrical (South East) Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12664999
As at 30 June 2023
Mercer Electrical (South East) Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
448
393
2
448
393
Current assets
Trade and other receivables
13,604
11,170
3
17,070
Cash and cash equivalents
7,332
18,502
30,674
Trade and other payables: amounts falling due within one
year
(28,858)
(18,185)
4
1,816
317
Net current assets
Total assets less current liabilities
765
2,209
765
Net assets
2,209
Capital and reserves
Called up share capital
1
1
Retained earnings
764
2,208
765
2,209
Shareholders' funds
For the year ended 30 June 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Richard Dunn Director
These financial statements were approved and authorised for issue by the Board on 15 September 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2023
Mercer Electrical (South East) Ltd
Notes to the Financial Statements
Statutory Information
Mercer Electrical (South East) Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 12664999.
Registered address:
16 Farleigh Heights
Tovil
Maidstone
Kent
ME15 6XN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax relating to electrical installation services.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33.33% Reducing balance
Computer Equipment
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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5
For the year ended 30 June 2023
Mercer Electrical (South East) Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 July 2022
589
279
Additions
At 30 June 2023
868
Provision for depreciation and impairment
At 01 July 2022
196
Charge for year
224
At 30 June 2023
420
At 30 June 2023
Net book value
448
At 30 June 2022
393
3. Trade and other receivables
2022
2023
£
£
Trade debtors
10,283
10,958
Other debtors
887
2,646
13,604
11,170
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
8,545
9,403
Taxation and social security
5,546
11,636
Other creditors
4,094
7,819
18,185
28,858
5. Average number of persons employed
During the year the average number of employees was 3 (2022 : 4)
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