1 February 2024 false No description of principal activity Taxfiler 2024.6 7120387 business:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 7120387 2024-01-31 7120387 2024-02-01 2025-01-31 7120387 business:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 7120387 business:FilletedAccounts 2024-02-01 2025-01-31 7120387 2025-01-31 7120387 business:Director1 2024-02-01 2025-01-31 7120387 business:RegisteredOffice 2024-02-01 2025-01-31 7120387 2024-01-31 7120387 core:WithinOneYear 2025-01-31 7120387 core:WithinOneYear 2024-01-31 7120387 core:AfterOneYear 2025-01-31 7120387 core:AfterOneYear 2024-01-31 7120387 countries:EnglandWales 2024-02-01 2025-01-31 7120387 2023-02-01 2024-01-31 7120387 business:Micro-entities 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure
Company Registration No. 7120387 (England and Wales)
Mercury Asset Finance Limited Unaudited Accounts for the year ended 31 January 2025
Mercury Asset Finance Limited Annual Report and Unaudited Accounts for the year ended 31 January 2025
CONTENTS
PAGE
Company information
3
Accountants' report
4
Statement of financial position
5
- 2 -
Mercury Asset Finance Limited Company Information for the year ended 31 January 2025
Director
Seamus Forde
Company Number
7120387 (England and Wales)
Registered Office
Business Central 2 Union Square, Central Park Darlington Co.Durham DL1 1GL United Kingdom
Accountants
Lyons Watson Accountants Business Central 2 Union Square Darlington DL1 1GL
- 3 -
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Mercury Asset Finance Limited for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mercury Asset Finance Limited for the year ended 31 January 2025 as set out on pages 5 - 5 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Mercury Asset Finance Limited, as a body, in accordance with the terms of our engagement letter dated 15 June 2023. Our work has been undertaken solely to prepare for your approval the accounts of Mercury Asset Finance Limited and state those matters that we have agreed to state to the Board of Directors of Mercury Asset Finance Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mercury Asset Finance Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Mercury Asset Finance Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Mercury Asset Finance Limited. You consider that Mercury Asset Finance Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Mercury Asset Finance Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Lyons Watson Accountants Chartered Certified Accountants Business Central 2 Union Square Darlington DL1 1GL 23 October 2025
- 4 -
Mercury Asset Finance Limited Statement of Financial Position as at 31 January 2025
2025
2024
£
£
Fixed assets
47,506
40,279
Current assets
887,456
904,800
Creditors: amounts falling due within one year
(455,596)
(484,589)
Net current assets
431,860
420,211
Total assets less current liabilities
479,366
460,490
Creditors: amounts falling due after more than one year
(262,011)
(267,567)
Accruals and deferred income
(1,110)
(950)
Net assets
216,245
191,973
Capital and reserves
216,245
191,973
NOTES TO THE ACCOUNTS
1 Statutory information
Mercury Asset Finance Limited is a private company, limited by shares, registered in England and Wales, registration number 7120387. The registered office is Business Central, 2 Union Square, Central Park, Darlington, Co.Durham, DL1 1GL, United Kingdom.
2 Average number of employees
During the year the average number of employees was 0 (2024: 0).
For the year ending 31 January 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 23 October 2025
Seamus Forde Director Company Registration No. 7120387
- 5 -