REGISTERED NUMBER: 05930651 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Mercian Events Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Istead

Mr T D Istead

REGISTERED OFFICE:

Unit 11 Northbrook Close

Gregory's Mill Industrial Estate

Worcester

Worcestershire

WR3 8BP

REGISTERED NUMBER:

05930651 (England and Wales)

ACCOUNTANTS:

Chandler and Partners Limited

5 Moor Street

Worcester

Worcestershire

WR1 3DB

FIXED ASSETS

Tangible assets

4

144,532

111,575

CURRENT ASSETS

Debtors

5

58,286

19,488

Cash at bank

106

21,867

58,392

41,355

CREDITORS

Amounts falling due within one year

6

(50,924

)

(46,913

)

NET CURRENT ASSETS/(LIABILITIES)

7,468

(5,558

)

TOTAL ASSETS LESS CURRENT LIABILITIES

152,000

106,017

CREDITORS

Amounts falling due after more than one year

7

(212,193

)

(218,393

)

NET LIABILITIES

(60,193

)

(112,376

)

CAPITAL AND RESERVES

Called up share capital

107

107

Capital redemption reserve

(79,326

)

(79,326

)

Retained earnings

19,026

(33,157

)

(60,193

)

(112,376

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2025 and were signed on its behalf by:

Mr K Istead - Director

1.	STATUTORY INFORMATION

Mercian Events Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on reducing balance

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 June 2024

19,589

193,278

9,977

222,844

Additions

-

47,227

-

47,227

At 31 May 2025

19,589

240,505

9,977

270,071

DEPRECIATION

At 1 June 2024

6,209

96,575

8,485

111,269

Charge for year

1,338

12,783

149

14,270

At 31 May 2025

7,547

109,358

8,634

125,539

NET BOOK VALUE

At 31 May 2025

12,042

131,147

1,343

144,532

At 31 May 2024

13,380

96,703

1,492

111,575

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

56,610

15,364

Other debtors

-

2,430

Prepayments

1,676

1,694

58,286

19,488

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

19,753

5,832

Trade creditors

10,771

16,791

Social security and other taxes

2,934

2,392

Pension liability

1,005

555

VAT

12,392

14,243

Credit card

4,069

7,100

50,924

46,913

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans - 2-5 years

32,604

30,677

Directors' loan accounts

179,589

187,716

212,193

218,393