Mercia Metals Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03212025 (England and Wales)

UNAUDITED CESSATION FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2024 TO 30 SEPTEMBER 2025

FOR

MERCIA METALS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R McGee

Mrs V E Farrell

SECRETARY:

Mr R McGee

REGISTERED OFFICE:

3 & 4 Pegasus House, Pegasus Court

Olympus Avenue

Warwick

Warwickshire

CV34 6LW

REGISTERED NUMBER:

03212025 (England and Wales)

ACCOUNTANTS:

Pentlands Accountants and advisors Ltd

Chartered Certified Accountants

and Registered Auditors

3 & 4 Pegasus House

Pegasus Court

Olympus Avenue

Warwick

Warwickshire

CV34 6LW

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

-

166,155

-

166,155

CURRENT ASSETS

Debtors

6

8,386

73,916

Cash at bank and in hand

22,562

47,069

30,948

120,985

CREDITORS

Amounts falling due within one year

7

23,806

164,083

NET CURRENT ASSETS/(LIABILITIES)

7,142

(43,098

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,142

123,057

PROVISIONS FOR LIABILITIES

-

41,539

NET ASSETS

7,142

81,518

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

7,042

81,418

SHAREHOLDERS' FUNDS

7,142

81,518

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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 4 December 2025 and were signed on its behalf by:

Mr R McGee - Director

1.	STATUTORY INFORMATION

Mercia Metals 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

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

-

10% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the period 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 period 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.

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 period was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

150,000

Disposals

(150,000

)

At 30 September 2025

-

AMORTISATION

At 1 April 2024

150,000

Eliminated on disposal

(150,000

)

At 30 September 2025

-

NET BOOK VALUE

At 30 September 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

187,077

355

411,594

3,801

602,827

Additions

1,500

-

1,500

Disposals

(188,577

)

(355

)

(411,594

)

(3,801

)

(604,327

)

At 30 September 2025

-

DEPRECIATION

At 1 April 2024

135,120

242

297,793

3,517

436,672

Charge for period

5,346

28

28,450

284

34,108

Eliminated on disposal

(140,466

)

(270

)

(326,243

)

(3,801

)

(470,780

)

At 30 September 2025

-

NET BOOK VALUE

At 30 September 2025

-

At 31 March 2024

51,957

113

113,801

284

166,155

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

-

62,203

Other debtors

8,386

11,713

8,386

73,916

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts

-

12,195

Trade creditors

-

59,680

Taxation and social security

22,445

35,757

Other creditors

1,361

56,451

23,806

164,083

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr R McGee.