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Company Registration No. 14706083 (England and Wales)
Mercacom Group Ltd Unaudited accounts for the period from 6 March 2023 to 31 July 2024
Mercacom Group Ltd Unaudited accounts Contents
Page
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Mercacom Group Ltd Company Information for the period from 6 March 2023 to 31 July 2024
Director
Francisco Suarez
Company Number
14706083 (England and Wales)
Registered Office
128 City Road London EC1V 2NX United Kingdom
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Mercacom Group Ltd Statement of financial position as at 31 July 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
15,930 
Current assets
Cash at bank and in hand
2,182 
Creditors: amounts falling due within one year
(5,991)
Net current liabilities
(3,809)
Net assets
12,121 
Capital and reserves
Called up share capital
100 
Profit and loss account
12,021 
Shareholders' funds
12,121 
For the period ending 31 July 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 director acknowledges his 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 and authorised for issue on 27 September 2024 and were signed on its behalf by
Francisco Suarez Director Company Registration No. 14706083
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Mercacom Group Ltd Notes to the Accounts for the period from 6 March 2023 to 31 July 2024
1
Statutory information
Mercacom Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 14706083. The registered office is 128 City Road, London, EC1V 2NX, United Kingdom.
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 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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 6 March 2023
- 
- 
- 
Additions
13,712 
3,327 
17,039 
At 31 July 2024
13,712 
3,327 
17,039 
Depreciation
Charge for the period
- 
1,109 
1,109 
At 31 July 2024
- 
1,109 
1,109 
Net book value
At 31 July 2024
13,712 
2,218 
15,930 
5
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
2,339 
Loans from directors
3,312 
Accruals
340 
5,991 
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Mercacom Group Ltd Notes to the Accounts for the period from 6 March 2023 to 31 July 2024
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Francisco Suarez
Directors loan account
- 
(7,657)
(4,345)
(3,312)
- 
(7,657)
(4,345)
(3,312)
7
Average number of employees
During the period the average number of employees was 0.
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