Mercury Reinforcements Limited

Registered number

01932233

Unaudited Filleted Accounts

31 March 2025

Mercury Reinforcements Limited
Registered number:		01932233
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		711,052			868,766
Investments	4		95			95
			711,147			868,861

Current assets
Debtors	5	1,266,511			1,247,113
Cash at bank and in hand		828,922			631,411
		2,095,433			1,878,524

Creditors: amounts falling due within one year	6	(1,175,598)			(1,234,657)

Net current assets			919,835			643,867

Total assets less current liabilities			1,630,982			1,512,728

Creditors: amounts falling due after more than one year	7		(521,286)			(210,000)

Provisions for liabilities			(15,305)			(6,056)

Net assets			1,094,391			1,296,672

Capital and reserves
Called up share capital			8,502			8,502
Capital redemption reserve			1,600			1,600
Profit and loss account			1,084,289			1,286,570

Shareholder's funds			1,094,391			1,296,672

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr M T Brookes
Director
Approved by the board on 1 December 2025

Mercury Reinforcements Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Land and buildings			not depreciated
	Plant and machinery			15 % reducing balance
	Motor vehicles			15% reducing balance
	Fixtures, fittings, tools and equipment			15% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	844,543		98,719		27,655		970,917
	Additions	-		21,667		40,568		62,235
	Disposals	(194,710)		-		(27,655)		(222,365)
	At 31 March 2025	649,833		120,386		40,568		810,787

	Depreciation
	At 1 April 2024	-		88,932		13,219		102,151
	Charge for the year	-		4,718		6,085		10,803
	On disposals	-		-		(13,219)		(13,219)
	At 31 March 2025	-		93,650		6,085		99,735

	Net book value
	At 31 March 2025	649,833		26,736		34,483		711,052
	At 31 March 2024	844,543		9,787		14,436		868,766


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 April 2024							95

	At 31 March 2025							95


5	Debtors					2025		2024
£							£

	Amounts owed by associated undertakings and undertakings in which the company has a participating interest					1,068,564		1,193,473
	Other debtors					197,947		53,640
						1,266,511		1,247,113

	Amounts due after more than one year included above					124,800		-


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					17,799		2,952
	Amounts owed to associated undertakings and undertakings in which the company has a participating interest					1,142,260		1,191,911
	Taxation and social security costs					13,949		38,185
	Other creditors					1,590		1,609
						1,175,598		1,234,657


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					38,286		-
	Other creditors					483,000		210,000
						521,286		210,000


8	Related party transactions					2025		2024
£							£
	Elite Granite Limited
	Elite Granite Limited is controlled by Mercury Reinforcements Limited and Mr M T Brookes is the company director.
	Dividends of £nil (2024 : £nil) were received from Elite Granite during the year.
	Amount due to Elite Granite Limited					(1,142,260)		(1,191,911)

8	Related party transactions (cont…)					2025		2024
£							£

	Rhino Parts Limited
	Mr M T Brookes is a director and controlling party of Rhino Parts Limited.
	Amount due from Rhino Parts Limited					382,163		558,422

	Rose Oak Developments Limited
	Mr M T Brookes is a director of Rose Oak Developments Limited.
	Amount due from Rose Oak Developments Limited					640,689		589,339

	Worcestershire Designs Limited
	Mr M T Brookes is a director and controlling party of Worcestershire Designs Limited.
	Amount due from Worcestershire Designs Limited					45,712		45,712

	Amba Technologies Limited
	Mr M T Brookes' son is the director and controlling party of Amba Technologies Limited.
	Amount due from Amba Technologies Limited					51,083		53,400

	Transactions with the director
	At 31 March 2025 the company owed Mr M T Brookes £34. This loan is interest free and repayable on demand.
	Dividends of £70,200 were paid to Mr M T Brookes during the year.

9	Controlling party

	The company is controlled by Mr M T Brookes.


10	Other information

	Mercury Reinforcements Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 58 Woodgate Business Park
	Kettles Wood Drive
	Birmingham
	West Midlands
	B32 3DB