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COMPANY REGISTRATION NUMBER: 15344045

Mercury World Ltd

Filleted Unaudited Financial Statements

Period from 11 December 2023 to

31 December 2024

Mercury World Ltd

Financial Statements

Period from 11 December 2023 to 31 December 2024

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

Mercury World Ltd

Statement of Financial Position

31 December 2024

| 31 Dec 24
Note | £ | £

Fixed assets

Intangible assets | 5 |  | 16,667
Tangible assets | 6 |  | 542
|  | --------
|  | 17,209

Current assets

Stocks | 500 |
Debtors | 7 | 14,858 |
Cash at bank and in hand | 5,634 |
| -------- |
| 20,992 |

Creditors: amounts falling due within one year | 8 | 19,679 |
| -------- |
Net current assets |  | 1,313
|  | --------
Total assets less current liabilities |  | 18,522

Creditors: amounts falling due after more than one year | 9 |  | 17,879
|  | --------
Net assets |  | 643
|  | --------

Capital and reserves

Called up share capital |  | 1
Profit and loss account |  | 642
|  | ----
Shareholders funds |  | 643
|  | ----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Mercury World Ltd

Statement of Financial Position (continued)

31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 29 August 2025 , and are signed on behalf of the board by:

Ms I Stivka |
Director |

Company registration number: 15344045

Mercury World Ltd

Notes to the Financial Statements

Period from 11 December 2023 to 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20 Jackson Street, Goole, East Yorkshire, DN14 6DG.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. (b) Going concern The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the director has considered the effect of these matters on the company with the information available to it and does not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the director has prepared these financial statements on a going concern basis. (c) Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the sale is made to the customer. (d) Income tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. (e) Amortisation Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Franchise fee | - | 3 years Straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates. (f) Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. (g) Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 20% reducing balance

(h) Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
(i) Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
(j) Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 2 .
5. Intangible assets

| Goodwill
| £
Cost |
Additions | 25,000
| --------
At 31 December 2024 | 25,000
| --------
Amortisation |
Charge for the period | 8,333
| --------
At 31 December 2024 | 8,333
| --------
Carrying amount |
At 31 December 2024 | 16,667
| --------

6. Tangible assets

| Plant and machinery | Total
| £ | £
Cost |  |
At 11 December 2023 | – | –
Additions | 678 | 678
| ---- | ----
At 31 December 2024 | 678 | 678
| ---- | ----
Depreciation |  |
At 11 December 2023 | – | –
Charge for the period | 136 | 136
| ---- | ----
At 31 December 2024 | 136 | 136
| ---- | ----
Carrying amount |  |
At 31 December 2024 | 542 | 542
| ---- | ----

7. Debtors

| 31 Dec 24
| £
Trade debtors | 9,171
Other debtors | 5,687
| --------
| 14,858
| --------

8. Creditors: amounts falling due within one year

| 31 Dec 24
| £
Bank loans and overdrafts | 9,091
Trade creditors | 3,929
Corporation tax | 2,518
Social security and other taxes | 4,141
| --------
| 19,679
| --------

9. Creditors: amounts falling due after more than one year

| 31 Dec 24
| £
Bank loans and overdrafts | 17,879
| --------

10. Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:

| 31 Dec 24
|  | Balance brought forward | Advances/ (credits) to the director | Amounts repaid | Balance outstanding
|  | £ | £ | £ | £
| Ms I Stivka | – | 13,820 | ( 8,133) | 5,687
|  | ---- | -------- | ------- | -------

The overdrawn loan account was cleared by a dividend voted in August 2025.