REGISTERED NUMBER: 05872874 (England and Wales)

Financial Statements for the Year Ended 31 July 2025

for

Mercer Estates (London) Ltd.

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

Mr M Mercer

Mr E Costa

REGISTERED OFFICE:

184 Manor Road

Chigwell

Essex

IG7 5PZ

REGISTERED NUMBER:

05872874 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

3,779

3,566

Investment property

5

324,000

338,700

327,779

342,266

CURRENT ASSETS

Debtors

6

-

8,177

Cash at bank and in hand

39,214

10,139

39,214

18,316

CREDITORS

Amounts falling due within one year

7

19,466

128,332

NET CURRENT ASSETS/(LIABILITIES)

19,748

(110,016

)

TOTAL ASSETS LESS CURRENT LIABILITIES

347,527

232,250

CAPITAL AND RESERVES

Called up share capital

102

102

Revaluation reserve

(14,700

)

-

Retained earnings

362,125

232,148

SHAREHOLDERS' FUNDS

347,527

232,250

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 12 December 2025 and were signed on its behalf by:

Mr M Mercer - Director

1.	STATUTORY INFORMATION

Mercer Estates (London) 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation which reflects the acquisition cost during the financial period.

Taxation

Taxation for the year 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 statement of financial position date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 August 2024

982

13,623

14,605

Additions

1,299

-

1,299

At 31 July 2025

2,281

13,623

15,904

DEPRECIATION

At 1 August 2024

982

10,057

11,039

Charge for year

195

891

1,086

At 31 July 2025

1,177

10,948

12,125

NET BOOK VALUE

At 31 July 2025

1,104

2,675

3,779

At 31 July 2024

-

3,566

3,566

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

338,700

Revaluations

(14,700

)

At 31 July 2025

324,000

NET BOOK VALUE

At 31 July 2025

324,000

At 31 July 2024

338,700

Fair value at 31 July 2025 is represented by:

£

Valuation in 2023

338,700

Valuation in 2025

(14,700

)

324,000

If investment property had not been revalued it would have been included at the following historical cost:

31.7.25

31.7.24

£

£

Cost

338,700

338,700

Investment property was valued on an open market basis on 31 July 2025 by Mr M Mercer .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

-

8,177

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Taxation and social security

18,251

26,815

Other creditors

1,215

101,517

19,466

128,332

8.	RELATED PARTY DISCLOSURES

The director Mr M Mercer is considered to be the key management personnel.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mercer Estates (London) Ltd. for the year ended 31 July 2025 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Mercer Estates (London) Ltd., as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mercer Estates (London) Ltd. and state those matters that we have agreed to state to the Board of Directors of Mercer Estates (London) Ltd., as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mercer Estates (London) Ltd. and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mercer Estates (London) Ltd. has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Mercer Estates (London) Ltd.. You consider that Mercer Estates (London) Ltd. 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 financial statements of Mercer Estates (London) Ltd.. 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 financial statements.

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

12 December 2025