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REGISTERED NUMBER: 09200455 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Mersenne Investments Limited

Mersenne Investments Limited (Registered number: 09200455)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Report of the Accountant 5

Mersenne Investments Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: R Laing





SECRETARY: G J Owen





REGISTERED OFFICE: The Beeches
Checkley
Hereford
Herefordshire
HR1 4ND





REGISTERED NUMBER: 09200455 (England and Wales)





ACCOUNTANT: Giles Owen Chartered Accountant
1 Croft Lane
Temple Grafton
Alcester
Warwickshire
B49 6PA

Mersenne Investments Limited (Registered number: 09200455)

Statement of Financial Position
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2 2

CURRENT ASSETS
Debtors 5 9,634,299 8,734,299
Cash at bank 28,726 631,676
9,663,025 9,365,975
CREDITORS
Amounts falling due within one year 6 9,650,016 9,353,035
NET CURRENT ASSETS 13,009 12,940
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,011

12,942

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 13,010 12,941
SHAREHOLDERS' FUNDS 9 13,011 12,942

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 October 2024 and were signed by:





R Laing - Director


Mersenne Investments Limited (Registered number: 09200455)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Mersenne Investments 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 2
NET BOOK VALUE
At 30 September 2024 2
At 30 September 2023 2

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Mersenne Properties Limited
Registered office: The Beeches, Checkley, Herefordshire, HR1 4ND
Nature of business: Property Investment
%
Class of shares: holding
Ordinary 100.00
30.9.24 30.9.23
£    £   
Aggregate capital and reserves 3,648,367 3,303,588
Profit for the year 319,983 286,069

Mersenne Investments Limited (Registered number: 09200455)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. FIXED ASSET INVESTMENTS - continued

Mersenne Developments Ltd
Registered office: The Beeches, Checkley, Herefordshire, HR1 4ND
Nature of business: Property Investment
%
Class of shares: holding
Ordinary 100.00
30.9.24 30.9.23
£    £   
Aggregate capital and reserves (1,260 ) (1,419 )
Profit/(loss) for the year 159 (1,354 )

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Amounts owed by group undertakings 9,634,299 8,734,299

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Taxation and social security 16 3,035
Other creditors 9,650,000 9,350,000
9,650,016 9,353,035

7. RELATED PARTY DISCLOSURES

The company had an outstanding directors loan in the name of Mr R Laing of £9,650,000 (2023-£9,350,000) at the year end. This is included in other creditors in Note 6. This loan is interest free and repayable on demand. The highest amount during the year was £9,850,000 (2023-£9,350,000).



8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R Laing, a director and shareholder of the company.

9. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS
30.9.24 30.9.23
£    £   
Profit for the financial year 69 12,941
Net addition to shareholders' funds 69 12,941
Opening shareholders' funds 12,942 1
Closing shareholders' funds 13,011 12,942

Mersenne Investments Limited

Report of the Accountant to the Director of
Mersenne Investments Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 September 2024 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.






Giles Owen Chartered Accountant
1 Croft Lane
Temple Grafton
Alcester
Warwickshire
B49 6PA


Date: .............................................