REGISTERED NUMBER: 07393339 (England and Wales)

Merse Investments Ltd

Unaudited Financial Statements

for the Year Ended 30th March 2025

Page

Company information

1

Balance sheet

2

to

3

Notes to the financial statements

4

to

6

Director:

D J Jenkinson

Secretary:

Aldlex Limited

Registered office:

Halidon House

17D Windmill Way West

Ramparts Business Park

Berwick Upon Tweed

Northumberland

TD15 1TB

Business address:

Kames East Mains Estate Office

Leitholm

Coldstream

Berwickshire

TD12 4JW

Registered number:

07393339 (England and Wales)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Investment property

4

-

1,995,663

Current assets

Debtors

5

38

10,389

Investments

6

1,351,606

-

Cash at bank

531,470

33,324

1,883,114

43,713

Creditors

Amounts falling due within one year

7

13,013

172,840

Net current assets/(liabilities)

1,870,101

(129,127

)

Total assets less current liabilities

1,870,101

1,866,536

Creditors

Amounts falling due after more than one year

8

476,398

800,384

Net assets

1,393,703

1,066,152

Capital and reserves

Called up share capital

100

100

Retained earnings

1,393,603

1,066,052

Shareholders' funds

1,393,703

1,066,152

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6th November 2025 and were signed by:

D J Jenkinson - Director

1.	Statutory information

Merse Investments 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 and represents amounts receivable for rental of commercial property, stated net of discounts and of Value Added Tax.

Rental payments are recognised in accordance with the lease arrangements.

Investment property

The investment property is included in the accounts at cost. The directors have considered the valuation at the year end and believe the cost value is an accurate representation.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, accruals, other loans and directors' loans.

Directors' loans (being repayable on demand), trade debtors, trade creditors, other loans and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Going concern

The director has considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and has an expectation that the company should be in a position to continue operating for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing these financial statements.

Current asset investments

Listed investments are initially measured at fair value. At the end of the reporting period the current asset investments are measured at fair value with changes being recorded through the Statement of Income and Retained Earnings.

3.	Employees and directors

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

4.	Investment property

Total

£

Fair value

At 31st March 2024

1,995,663

Additions

7,500

Disposals

(2,003,163

)

At 30th March 2025

-

Net book value

At 30th March 2025

-

At 30th March 2024

1,995,663

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

-

1,028

Other debtors

38

9,361

38

10,389

6.	Current asset investments

2025

2024

£

£

Listed investments

1,351,606

-

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

-

9,827

Other creditors

13,013

163,013

13,013

172,840

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other creditors

476,398

800,384