MERCER WAY STORES LIMITED

Company Registration Number:
07659462 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

MERCER WAY STORES LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

MERCER WAY STORES LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 35,000 40,000
Tangible assets: 4 24,057 30,837
Total fixed assets: 59,057 70,837
Current assets
Stocks: 138,000 122,000
Debtors:   13,091 26,895
Cash at bank and in hand: 7,285 52,500
Total current assets: 158,376 201,395
Creditors: amounts falling due within one year:   (126,321) (125,235)
Net current assets (liabilities): 32,055 76,160
Total assets less current liabilities: 91,112 146,997
Creditors: amounts falling due after more than one year:   (46,506) (66,680)
Total net assets (liabilities): 44,606 80,317
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 44,506 80,217
Shareholders funds: 44,606 80,317

The notes form part of these financial statements

MERCER WAY STORES LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 December 2024
and signed on behalf of the board by:

Name: D Peacock
Status: Director

The notes form part of these financial statements

MERCER WAY STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MERCER WAY STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 20 16

MERCER WAY STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible Assets

Total
Cost £
At 01 July 2023 100,000
At 30 June 2024 100,000
Amortisation
At 01 July 2023 60,000
Charge for year 5,000
At 30 June 2024 65,000
Net book value
At 30 June 2024 35,000
At 30 June 2023 40,000

MERCER WAY STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 78,713
Additions 1,239
At 30 June 2024 79,952
Depreciation
At 01 July 2023 47,876
Charge for year 8,019
At 30 June 2024 55,895
Net book value
At 30 June 2024 24,057
At 30 June 2023 30,837