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Company Registration No. 10599668 (England and Wales)
Merson Silver Ltd Unaudited accounts for the year ended 28 February 2026
Merson Silver Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Merson Silver Ltd Company Information for the year ended 28 February 2026
Director
Abiodun Oluwasina Akintunde
Company Number
10599668 (England and Wales)
- 3 -
Merson Silver Ltd Statement of financial position as at 28 February 2026
2026
2025
Notes
£
£
Current assets
Inventories
21,640
-
Debtors
4
-
18,500
Cash at bank and in hand
101,037
96,552
122,677
115,052
Creditors: amounts falling due within one year
5
139,410
(495)
Net current assets
262,087
114,557
Total assets less current liabilities
262,087
114,557
Creditors: amounts falling due after more than one year
6
(145,014)
-
Net assets
117,073
114,557
Capital and reserves
Called up share capital
1
1
Share premium
112,471
112,471
Profit and loss account
4,601
2,085
Shareholders' funds
117,073
114,557
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 March 2026 and were signed on its behalf by
Abiodun Oluwasina Akintunde Director Company Registration No. 10599668
- 4 -
Merson Silver Ltd Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Merson Silver Ltd is a private company, limited by shares, registered in England and Wales, registration number 10599668.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2026
2025
£
£
Amounts falling due within one year
Other debtors
-
18,500
5
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
590
495
Loans from directors
(140,000)
-
(139,410)
495
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
145,014
-
7
Average number of employees
During the year the average number of employees was 5 (2025: 5).
- 5 -