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REGISTERED NUMBER: 06323787 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Mercuryavs Limited

Mercuryavs Limited (Registered number: 06323787)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Mercuryavs Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: T E Marvin
M E Labio





SECRETARY: T E Marvin





REGISTERED OFFICE: Devonshire Croft
Betty Lane
Ashford in the Water
Bakewell
Derbyshire
DE45 1PZ





REGISTERED NUMBER: 06323787 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Mercuryavs Limited (Registered number: 06323787)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,250 -
5,250 -

CURRENT ASSETS
Debtors 5 97,377 117,869
Cash at bank and in hand 31,925 15,843
129,302 133,712
CREDITORS
Amounts falling due within one year 6 107,221 68,372
NET CURRENT ASSETS 22,081 65,340
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,331

65,340

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 27,327 65,336
SHAREHOLDERS' FUNDS 27,331 65,340

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2024 and were signed on its behalf by:





T E Marvin - Director


Mercuryavs Limited (Registered number: 06323787)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Mercuryavs 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sales of services and goods during the year, excluding value added tax. Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the agreed upon payment will be received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Revenue grants are recognised in the profit and loss account so as to match them with the expenditure towards which they are intended to contribute.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 7,000
At 31 March 2024 7,000
DEPRECIATION
Charge for year 1,750
At 31 March 2024 1,750
NET BOOK VALUE
At 31 March 2024 5,250

Mercuryavs Limited (Registered number: 06323787)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 59,423 88,135
Tax 16,270 -
Prepayments 21,684 29,734
97,377 117,869

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 36,001 48,649
Tax 6,446 -
Social security and other taxes 4,980 1,681
Other creditors 41,572 -
Accruals and deferred income 18,222 18,042
107,221 68,372