MERCER WAY STORES LIMITED

Company Registration Number:
07659462 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

MERCER WAY STORES LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

MERCER WAY STORES LIMITED

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 40,000 45,000
Tangible assets: 4 30,837 14,418
Total fixed assets: 70,837 59,418
Current assets
Stocks: 122,000 110,000
Debtors:   26,895 32,909
Cash at bank and in hand: 52,500 8,696
Total current assets: 201,395 151,605
Creditors: amounts falling due within one year:   (125,235) (121,342)
Net current assets (liabilities): 76,160 30,263
Total assets less current liabilities: 146,997 89,681
Creditors: amounts falling due after more than one year:   (66,680) (56,429)
Total net assets (liabilities): 80,317 33,252
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 80,217 33,152
Shareholders funds: 80,317 33,252

The notes form part of these financial statements

MERCER WAY STORES LIMITED

Balance sheet statements

For the year ending 30 June 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 October 2023
and signed on behalf of the board by:

Name: D PEACOCK
Status: Director

The notes form part of these financial statements

MERCER WAY STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

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

MERCER WAY STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 16 12

MERCER WAY STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible Assets

Total
Cost £
At 01 July 2022 100,000
At 30 June 2023 100,000
Amortisation
At 01 July 2022 55,000
Charge for year 5,000
At 30 June 2023 60,000
Net book value
At 30 June 2023 40,000
At 30 June 2022 45,000

MERCER WAY STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible Assets

Total
Cost £
At 01 July 2022 52,015
Additions 26,698
At 30 June 2023 78,713
Depreciation
At 01 July 2022 37,597
Charge for year 10,279
At 30 June 2023 47,876
Net book value
At 30 June 2023 30,837
At 30 June 2022 14,418