Accounts



















	MERCIAN RECYCLING LIMITED



	UNAUDITED FINANCIAL STATEMENTS


	FOR THE PERIOD ENDED 29 OCTOBER 2025

	MERCIAN RECYCLING LIMITED
	FINANCIAL STATEMENTS
	FOR THE PERIOD ENDED 29 OCTOBER 2025


	DIRECTORS

	T A Fox
	J A Fox
	S M Grey


	SECRETARY

	T A Fox

	REGISTERED OFFICE

	24 Ebury Road, Birmingham, B30 3JJ


	COMPANY REGISTERED NUMBER

	04737452


	BANKERS

	Bank plc


	ACCOUNTANTS

	Lyness Accountancy Practice Limited
	Chartered Certified Accountants
	78 Birmingham Street, Oldbury, West Midlands, B69 4EB

	page 1

	MERCIAN RECYCLING LIMITED
	FINANCIAL STATEMENTS
	FOR THE PERIOD ENDED 29 OCTOBER 2025


	CONTENTS

	Pages


	3-4	Statement of Financial Position


	5-7	Notes to the Financial Statements

	page 2

MERCIAN RECYCLING LIMITED
Company registered number: 04737452
STATEMENT OF FINANCIAL POSITION AT 29 October 2025

	Note	2025		2024
		£	£	£
FIXED ASSETS
Property, plant and equipment	3		-	488,256
CURRENT ASSETS
Debtors	4	367,404		262,713
Cash at bank and in hand		770,446		845,221
		1,137,850		1,107,934
CREDITORS: Amounts falling due within one year	5	608,317		598,122
NET CURRENT ASSETS			529,533	509,812
TOTAL ASSETS LESS CURRENT LIABILITIES			529,533	998,068

PROVISIONS FOR LIABILITIES			-	(122,064)
NET ASSETS			£529,533	£876,004

CAPITAL AND RESERVES
Called up share capital			1	1
Retained earnings			529,532	876,003
SHAREHOLDERS' FUNDS			£529,533	£876,004

	The notes on pages 5-7 form part of these financial statements

	page 3

MERCIAN RECYCLING LIMITED
Company registered number: 04737452
STATEMENT OF FINANCIAL POSITION AT 29 October 2025 (CONT.)

	Note	2025		2024
		£	£	£



	In approving these financial statements as directors of the company we hereby confirm the following:

	For the period in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

	The members have not required the company to obtain an audit of its financial statements for the year ended 29 October 2025 in accordance with section 476 of the Companies Act 2006.

	The directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.


	These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies

	In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

	The financial statements were approved and authorised for issue by the board of directors on 09/01/2026

	Signed on behalf of the board of directors



	T A Fox, Director

	The notes on pages 5-7 form part of these financial statements

	page 4

	MERCIAN RECYCLING LIMITED
	NOTES TO THE ACCOUNTS
	FOR THE PERIOD ENDED 29 OCTOBER 2025



1.	SIGNIFICANT ACCOUNTING POLICIES


1a.	Statement of compliance

	Mercian Recycling Limited, company number 04737452 is a private company limited by shares incorporated in England & Wales.

	Registered office:
	24 Ebury Road, Birmingham, B30 3JJ

1b.	Basis of accounting

	These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
	The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.


1c.	Revenue recognition

	Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.


1d.	Taxation

	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 temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary 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. 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. The measurement of deferred tax liabilities and assets reflects 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 or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.


1e.	Property, plant and equipment

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

	Plant and machinery	Reducing balance 25%
	Vehicles	Reducing balance 25%
	Fixtures and fittings	Reducing balance 15%
	Equipment	Reducing balance 15%

	The notes on pages 5-7 form part of these financial statements

	page 5

	MERCIAN RECYCLING LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE PERIOD ENDED 29 OCTOBER 2025



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1f.	Short term debtors and creditors

	Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.


1g.	Cash and cash equivalents

	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. For the purpose of statement of cash flows, bank overdrafts which are repayable on demand form an integral part of the Company's cash management are included as a component of cash and cash equivalents.


1h.	Employee benefits

	The obligations for contributions to defined contribution scheme are recognised as an expense as incurred. The assets of the scheme are held separately from those of the Company in an independent administered fund.


1i.	Judgements and key sources of estimation uncertainty

	In the application of the Company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:



2.	DIRECTORS AND EMPLOYEES

	The average weekly number of employees during the period were as follows:
		2025	2024
		No.	No.
	Management and administration	11	13

	The notes on pages 5-7 form part of these financial statements

	page 6

	MERCIAN RECYCLING LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE PERIOD ENDED 29 OCTOBER 2025


3.	PROPERTY, PLANT AND EQUIPMENT
		Plant &
		Machinery	Total
		£	£
	Cost

	At 1 May 2024	1,546,635	1,546,635

	Disposals	(1,546,635)	(1,546,635)
	At 29 October 2025	-	-

	Depreciation

	At 1 May 2024	1,058,379	1,058,379
	Disposals	(1,058,379)	(1,058,379)
	At 29 October 2025	-	-

	Net Book Amounts

	At 29 October 2025	-	-
	At 30 April 2024	488,256	488,256



4.	DEBTORS	2025	2024
		£	£
	Trade debtors	-	200,237
	Other debtors	367,404	62,476
		£367,404	£262,713



5.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£
	Trade creditors	-	244,517
	Amounts owed to group undertakings	223,449	95,069
	Corporation tax	6,258	73,098
	Other taxes and social security	7,366	39,770
	Other creditors	350,968	140,968
	Accruals and deferred income	20,276	4,700
		£608,317	£598,122

	The notes on pages 5-7 form part of these financial statements

	page 7