Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 06128374 Dr Duncan Loraine Miss Jacqueline Taylor Dr Duncan Loraine true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06128374 2023-02-28 06128374 2024-02-29 06128374 2023-03-01 2024-02-29 06128374 frs-core:CurrentFinancialInstruments 2024-02-29 06128374 frs-core:ShareCapital 2024-02-29 06128374 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 06128374 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 06128374 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 06128374 frs-bus:SmallEntities 2023-03-01 2024-02-29 06128374 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 06128374 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 06128374 1 2023-03-01 2024-02-29 06128374 frs-bus:Director1 2023-03-01 2024-02-29 06128374 frs-bus:Director2 2023-03-01 2024-02-29 06128374 frs-bus:CompanySecretary1 2023-03-01 2024-02-29 06128374 frs-countries:EnglandWales 2023-03-01 2024-02-29 06128374 2022-02-28 06128374 2023-02-28 06128374 2022-03-01 2023-02-28 06128374 frs-core:CurrentFinancialInstruments 2023-02-28 06128374 frs-core:ShareCapital 2023-02-28 06128374 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 06128374
Mercury Property Limited
Financial Statements
For The Year Ended 29 February 2024
Lloyd Richards Ltd
Eaton House Stoke Prior Lane
Leominster
Herefordshire
HR6 0NA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 06128374
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 858 3,858
Cash at bank and in hand 7,226 4
8,084 3,862
Creditors: Amounts Falling Due Within One Year 5 (22,920 ) (18,172 )
NET CURRENT ASSETS (LIABILITIES) (14,836 ) (14,310 )
TOTAL ASSETS LESS CURRENT LIABILITIES (14,836 ) (14,310 )
NET LIABILITIES (14,836 ) (14,310 )
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Profit and Loss Account (15,836 ) (15,310 )
SHAREHOLDERS' FUNDS (14,836) (14,310)
For the year ending 29 February 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Duncan Loraine
Director
27/11/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Mercury Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06128374 . The registered office is 12 Evendine Corner, Colwall Green, Malvern, WR13 6DX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Debtors
2024 2023
£ £
Due within one year
Amounts owed by associates 858 3,858
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Accruals and deferred income 213 221
Directors' loan accounts 22,708 17,951
22,920 18,172
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
7. Ultimate Controlling Party
The company's ultimate controlling party is Dr Duncan Loraine by virtue of his ownership of 100% of the issued share capital in the company.
Page 2