Mersey Design Group Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02789905

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,161		4,287

			5,161		4,287
CURRENT ASSETS
Debtors	5	297,881		323,369
Cash at bank and in hand		214,086		233,856

		511,967		557,225
Creditors: Amounts Falling Due Within One Year	6	(69,441 )		(125,017 )

NET CURRENT ASSETS (LIABILITIES)			442,526		432,208

TOTAL ASSETS LESS CURRENT LIABILITIES			447,687		436,495

NET ASSETS			447,687		436,495

CAPITAL AND RESERVES
Called up share capital	7		749		749
Capital redemption reserve			251		251
Profit and Loss Account			446,687		435,495

SHAREHOLDERS' FUNDS			447,687		436,495

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Mersey Design Group Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A C Crawford

Director

25th October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Mersey Design Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02789905 . The registered office is Cleveland House, 41 Shaw Street, Liverpool, L6 1HL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The company's functional and presentational currency is GBP and no level of rounding has been used in the preparation of the financial statements.

2.2. Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Property improvements	20% Reducing balance basis
Fixtures & Fittings	25% Reducing balance basis
Office Equipment	25% Reducing balance basis

2.4. Taxation

The tax expense for the period comprises current and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Mersey Design Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.4. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 9)

4. Tangible Assets

	Land & Property
	Property improvements	Fixtures & Fittings	Office Equipment	Total
	£	£	£	£
Cost
As at 1 August 2024	33,792	851	11,595	46,238
Additions	-	-	1,987	1,987

As at 31 July 2025	33,792	851	13,582	48,225

Depreciation
As at 1 August 2024	33,354	720	7,877	41,951
Provided during the period	88	33	992	1,113

As at 31 July 2025	33,442	753	8,869	43,064

Net Book Value
As at 31 July 2025	350	98	4,713	5,161

As at 1 August 2024	438	131	3,718	4,287

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	205,263	247,248
Amounts owed by group undertakings	62,196	62,196
Other debtors	30,422	13,925

	297,881	323,369

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Mersey Design Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	17,353	19,455
Other creditors	9,219	25,647
Taxation and social security	42,869	79,915

	69,441	125,017

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	749	749

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