Company Registration No. 05683278 (England and Wales)
Mercury Safety & Security Group Limited
Unaudited accounts
for the year ended 31 January 2024
Mercury Safety & Security Group Limited
Unaudited accounts
Contents
Mercury Safety & Security Group Limited
Company Information
for the year ended 31 January 2024
Directors
Mohamed Kassim Janjirker
Ihtisham Mahboob Bhatti
Rashid Ahmed Khares
Mohamed Faroq janjirker
Company Number
05683278 (England and Wales)
Registered Office
Unit 2 Elite Works
Wellington Road
High Wycombe
HP12 3PR
Accountants
Utopians Accountants
49 Highview
Pinner
Middlesex
HA5 3PE
Mercury Safety & Security Group Limited
Statement of financial position
as at 31 January 2024
Tangible assets
173,781
189,770
Inventories
104,790
80,131
Cash at bank and in hand
68,311
72,218
Creditors: amounts falling due within one year
(35,375)
(57,509)
Net current assets
309,657
274,215
Net assets
483,722
464,269
Called up share capital
10,000
10,000
Profit and loss account
473,722
454,269
Shareholders' funds
483,722
464,269
For the year ending 31 January 2024 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by
Mohamed Kassim Janjirker
Director
Company Registration No. 05683278
Mercury Safety & Security Group Limited
Notes to the Accounts
for the year ended 31 January 2024
Mercury Safety & Security Group Limited is a private company, limited by shares, registered in England and Wales, registration number 05683278. The registered office is Unit 2 Elite Works, Wellington Road, High Wycombe, HP12 3PR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% on reducing balance
Motor vehicles
20% on reducing balance
Fixtures & fittings
10% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Intangible fixed assets
Other
Mercury Safety & Security Group Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2023
83,505
92,737
59,755
81,275
317,272
At 31 January 2024
83,505
92,737
59,755
81,275
317,272
At 1 February 2023
-
44,152
47,143
36,207
127,502
Charge for the year
-
5,509
5,296
5,184
15,989
At 31 January 2024
-
49,661
52,439
41,391
143,491
At 31 January 2024
83,505
43,076
7,316
39,884
173,781
At 31 January 2023
83,505
48,585
12,612
45,068
189,770
Raw materials
22,365
12,563
Work in progress
63,891
54,611
Finished goods
18,534
12,957
Amounts falling due within one year
Trade debtors
156,393
160,264
Accrued income and prepayments
904
961
Other debtors
14,634
18,150
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
19,736
25,612
Taxes and social security
15,639
31,897
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000
10,000
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Average number of employees
During the year the average number of employees was 18 (2023: 15).