REGISTERED NUMBER: 08466887 (England and Wales)

Mertec (Kent) Limited

Unaudited Financial Statements for the Year Ended 30 April 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J D Watkins

Miss C S Harnett

REGISTERED OFFICE:

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

BUSINESS ADDRESS:

Unit 4 Oast Park

Spade lane

Hartlip

Sittingbourne

Kent

ME9 7TT

REGISTERED NUMBER:

08466887 (England and Wales)

ACCOUNTANTS:

Aggarwal & Co

Chartered Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,172

5,870

5,172

5,870

CURRENT ASSETS

Inventories

7,450

6,550

Debtors

6

16,207

15,720

Cash at bank and in hand

5,985

200

29,642

22,470

CREDITORS

Amounts falling due within one year

7

62,771

45,382

NET CURRENT LIABILITIES

(33,129

)

(22,912

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(27,957

)

(17,042

)

CREDITORS

Amounts falling due after more than one year

8

29,353

36,764

NET LIABILITIES

(57,310

)

(53,806

)

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

(57,460

)

(53,956

)

SHAREHOLDERS' FUNDS

(57,310

)

(53,806

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 10 September 2025 and were signed on its behalf by:

J D Watkins - Director

1.	STATUTORY INFORMATION

Mertec (Kent) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

At the year end the company had net liabilities of £57,310. The company is expected to return to being profitable in the near future and the directors pledges continued support to the company. On this basis the director considers it appropriate to prepare the financial statements on the going concern basis.

Income recognition

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year. Income is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 10% on reducing balance

Inventories

Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell.

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. Basic financial instruments are recognised at amortised cost.

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 statement of financial position date.

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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

45,000

AMORTISATION

At 1 May 2024

and 30 April 2025

45,000

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

46,714

Additions

2,716

Disposals

(32,571

)

At 30 April 2025

16,859

DEPRECIATION

At 1 May 2024

40,844

Charge for year

1,244

Eliminated on disposal

(30,401

)

At 30 April 2025

11,687

NET BOOK VALUE

At 30 April 2025

5,172

At 30 April 2024

5,870

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

487

-

Other debtors

15,720

15,720

16,207

15,720

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

27,902

14,664

Trade creditors

4,024

16,177

Taxation and social security

26,358

11,199

Other creditors

4,487

3,342

62,771

45,382

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

29,353

36,764

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

-

7,835

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

20,490

7,432

Bank overdrafts are secured by personal guarantees from the director.