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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
Page
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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
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Mercury Safety & Security Group Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
284 
284 
Tangible assets
173,781 
189,770 
174,065 
190,054 
Current assets
Inventories
104,790 
80,131 
Debtors
171,931 
179,375 
Cash at bank and in hand
68,311 
72,218 
345,032 
331,724 
Creditors: amounts falling due within one year
(35,375)
(57,509)
Net current assets
309,657 
274,215 
Net assets
483,722 
464,269 
Capital and reserves
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
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Mercury Safety & Security Group Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
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 
£ 
Cost
At 1 February 2023
284 
At 31 January 2024
284 
Amortisation
At 1 February 2023
- 
At 31 January 2024
- 
Net book value
At 31 January 2024
284 
At 31 January 2023
284 
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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 
Depreciation
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 
Net book value
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 
6
Inventories
2024 
2023 
£ 
£ 
Raw materials
22,365 
12,563 
Work in progress
63,891 
54,611 
Finished goods
18,534 
12,957 
104,790 
80,131 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
156,393 
160,264 
Accrued income and prepayments
904 
961 
Other debtors
14,634 
18,150 
171,931 
179,375 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
19,736 
25,612 
Taxes and social security
15,639 
31,897 
35,375 
57,509 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000 
10,000 
10
Average number of employees
During the year the average number of employees was 18 (2023: 15).
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