Company registration number 02070404 (England and Wales)
MERCER & HOLE GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
MERCER & HOLE GROUP LIMITED
COMPANY INFORMATION
Directors
P A Maberly
G L Tallon
L J Spearman
E A Cuthbertson
M S Cassidy
H C B Price
A D Lawes
R M Lane
P F Fenn
S J Robinson
A W Turner
J J Upshall
J C Bateson
(Appointed 12 February 2025)
H P Lowe
(Appointed 12 February 2025)
A C Palmer
(Appointed 12 February 2025)
H N Page
(Appointed 12 February 2025)
Secretary
P A Maberly
Company number
02070404
Registered office
72 London Road
St Albans
Herts
AL1 1NS
MERCER & HOLE GROUP LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 6
MERCER & HOLE GROUP LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
4
602,000
602,000
Current assets
Debtors
6
9,368
9,368
Cash at bank and in hand
1,036,952
1,011,612
1,046,320
1,020,980
Creditors: amounts falling due within one year
7
(622,923)
(631,296)
Net current assets
423,397
389,684
Net assets
1,025,397
991,684
Capital and reserves
Called up share capital
8
673
673
Capital redemption reserve
669
669
Profit and loss reserves
1,024,055
990,342
Total equity
1,025,397
991,684

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 11 February 2026 and are signed on its behalf by:
R M Lane
Director
Company registration number 02070404 (England and Wales)
MERCER & HOLE GROUP LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -
Share capital
Capital redemption reserve
Profit and loss reserves
Total
Notes
£
£
£
£
Balance at 1 October 2023
777
565
1,027,973
1,029,315
Year ended 30 September 2024:
Profit and total comprehensive income for the year
-
-
918,016
918,016
Dividends
-
-
(600,000)
(600,000)
Own shares acquired
-
-
(355,647)
(355,647)
Redemption of shares
8
(104)
104
-
0
-
0
Balance at 30 September 2024
673
669
990,342
991,684
Year ended 30 September 2025:
Profit and total comprehensive income for the year
-
-
843,713
843,713
Dividends
-
-
(810,000)
(810,000)
Balance at 30 September 2025
673
669
1,024,055
1,025,397
MERCER & HOLE GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -
1
Accounting policies
Company information

Mercer & Hole Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is 72 London Road, St Albans, Herts, AL1 1NS.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.3
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

MERCER & HOLE GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

MERCER & HOLE GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 5 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated 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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
15
12
4
Fixed asset investments
2025
2024
£
£
Investments
602,000
602,000
Movements in fixed asset investments
Shares in group undertakings
£
Cost or valuation
At 1 October 2024 & 30 September 2025
602,000
Carrying amount
At 30 September 2025
602,000
At 30 September 2024
602,000
MERCER & HOLE GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 6 -
5
Subsidiaries

Details of the company's subsidiaries at 30 September 2025 are as follows:

Name of undertaking
Registered
Nature of business
Class of
% Held
office
shares held
Direct
Indirect
-
-
M&H Financial Planning Limited
England
Financial Services
Ordinary
100.00
-
Mercer & Hole Corporate Finance Limited
England
Corporate finance advisory
Ordinary
100.00
-
Mercer & Hole Trustees Limited
England
Trustee services and advice
Ordinary
100.00
-
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
9,368
9,368
7
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
590,111
590,111
Corporation tax
9,802
7,805
Other creditors
23,010
33,380
622,923
631,296
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
A Ordinary of 1p each
50,567
50,567
506
506
B Ordinary of 1p each
16,696
16,696
167
167
67,263
67,263
673
673
2025-09-30 2024-10-01 false false false CCH Software CCH Accounts Production 2025.300 No description of principal activity G L Tallon L J Spearman E A Cuthbertson M S Cassidy H C B Price A D Lawes R M Lane P F Fenn S J Robinson A W Turner J J Upshall J C Bateson H P Lowe A C Palmer H N Page H N Page P A Maberly 02070404 2024-10-01 2025-09-30 02070404 bus:CompanySecretaryDirector1 2024-10-01 2025-09-30 02070404 bus:Director1 2024-10-01 2025-09-30 02070404 bus:Director2 2024-10-01 2025-09-30 02070404 bus:Director3 2024-10-01 2025-09-30 02070404 bus:Director4 2024-10-01 2025-09-30 02070404 bus:Director5 2024-10-01 2025-09-30 02070404 bus:Director6 2024-10-01 2025-09-30 02070404 bus:Director7 2024-10-01 2025-09-30 02070404 bus:Director8 2024-10-01 2025-09-30 02070404 bus:Director9 2024-10-01 2025-09-30 02070404 bus:Director10 2024-10-01 2025-09-30 02070404 bus:Director11 2024-10-01 2025-09-30 02070404 bus:Director12 2024-10-01 2025-09-30 02070404 bus:Director13 2024-10-01 2025-09-30 02070404 bus:Director14 2024-10-01 2025-09-30 02070404 bus:Director15 2024-10-01 2025-09-30 02070404 bus:CompanySecretary1 2024-10-01 2025-09-30 02070404 bus:Director16 2024-10-01 2025-09-30 02070404 bus:RegisteredOffice 2024-10-01 2025-09-30 02070404 2025-09-30 02070404 2024-09-30 02070404 core:CurrentFinancialInstruments 2025-09-30 02070404 core:CurrentFinancialInstruments 2024-09-30 02070404 core:ShareCapital 2025-09-30 02070404 core:ShareCapital 2024-09-30 02070404 core:CapitalRedemptionReserve 2025-09-30 02070404 core:CapitalRedemptionReserve 2024-09-30 02070404 core:RetainedEarningsAccumulatedLosses 2025-09-30 02070404 core:RetainedEarningsAccumulatedLosses 2024-09-30 02070404 core:ShareCapital 2023-09-30 02070404 core:CapitalRedemptionReserve 2023-09-30 02070404 core:RetainedEarningsAccumulatedLosses 2023-09-30 02070404 2023-09-30 02070404 core:ShareCapitalOrdinaryShareClass1 2025-09-30 02070404 core:ShareCapitalOrdinaryShareClass1 2024-09-30 02070404 core:ShareCapitalOrdinaryShareClass2 2025-09-30 02070404 core:ShareCapitalOrdinaryShareClass2 2024-09-30 02070404 core:ShareCapitalOrdinaryShares 2025-09-30 02070404 core:ShareCapitalOrdinaryShares 2024-09-30 02070404 core:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 02070404 2023-10-01 2024-09-30 02070404 core:RetainedEarningsAccumulatedLosses 2024-10-01 2025-09-30 02070404 core:ShareCapital 2023-10-01 2024-09-30 02070404 bus:OrdinaryShareClass1 2024-10-01 2025-09-30 02070404 bus:OrdinaryShareClass2 2024-10-01 2025-09-30 02070404 bus:OrdinaryShareClass1 2025-09-30 02070404 bus:OrdinaryShareClass1 2024-09-30 02070404 bus:OrdinaryShareClass2 2025-09-30 02070404 bus:OrdinaryShareClass2 2024-09-30 02070404 bus:AllOrdinaryShares 2025-09-30 02070404 bus:AllOrdinaryShares 2024-09-30 02070404 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 02070404 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 02070404 bus:FRS102 2024-10-01 2025-09-30 02070404 bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 02070404 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP