Company registration number: 07292438
Unaudited financial statements
for the year ended 30 September 2024
for
Mercer Associates Ltd
Pages for filing with the Registrar
Company registration number: 07292438
Mercer Associates Ltd
Balance sheet
as at 30 September 2024
2024 2023
Note £ £ £ £
Fixed assets
Intangible assets 4 - 30,000
Tangible assets 5 2,457 4,222
2,457 34,222
Current assets
Debtors 226,346 261,981
Cash at bank and in hand 4,421 4,613
230,767 266,594
Creditors: amounts falling due within one
year
(200,151) (204,899)
Net current assets 30,616 61,695
Total assets less current liabilities 33,073 95,917
Creditors: Amounts falling due after more
than one year
(43,664) (68,041)
NET (LIABILITIES)/ASSETS (10,591) 27,876
Capital and reserves
Called up share capital 2 2
Revaluation reserve 18,000 18,000
Profit and loss account (28,593) 9,874
TOTAL EQUITY (10,591) 27,876
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07292438
Mercer Associates Ltd
Balance sheet - continued
as at 30 September 2024
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr R Sheriff, Director
24 June 2025
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Mercer Associates Ltd
Notes to the financial statements
for the year ended 30 September 2024
1 Company information
Mercer Associates Ltd is a private company registered in England and Wales. Its registered number is 07292438. The company is limited by shares. Its registered office is 3.04 Holmfield Mills, Holdsworth Road, Halifaxc, HX3 6SN.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - It is amortised to profit and loss account over its
estimated useful life.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Computer equipment - 25% straight line
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Mercer Associates Ltd
Notes to the financial statements - continued
for the year ended 30 September 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 6 (2023 - 6).
4 Intangible assets
Goodwill
£
Cost
At 1 October 2023 300,000
At 30 September 2024 300,000
Amortisation
At 1 October 2023 270,000
Charge for year 30,000
At 30 September 2024 300,000
Net book value
At 30 September 2024 -
At 30 September 2023 30,000
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Mercer Associates Ltd
Notes to the financial statements - continued
for the year ended 30 September 2024
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 October 2023 39,290
Additions 1,350
At 30 September 2024 40,640
Depreciation
At 1 October 2023 35,068
Charge for year 3,115
At 30 September 2024 38,183
Net book value
At 30 September 2024 2,457
At 30 September 2023 4,222
If Computer equipment had not been revalued, it would have been included at the following historical cost:
2024 2023
£ £
Cost 40,640 39,290
Accumulated depreciation 38,183 35,068
6 Related party transactions
As at the balance sheet, included in debtors due within one year is £197,765 (2023: £202,765) due from In-Synergy Marketing SPV Ltd.

As at the balance sheet, included in creditors due within one year is £117,510 (2023: £58,400) due to In -Synergy Group Ltd and £7,000 (2023: £11,001) due to Investments for Good Ltd.

The companies are related parties by virtue of the fact that they are under common control.
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