Company registration number: 02899148
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Mercer Tax and Management Limited
Pages for filing with the Registrar
Company registration number: 02899148
Mercer Tax and Management Limited
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 2,462 3,282
2,462 3,282
Current assets
Debtors 7,025 -
Cash at bank and in hand 111,260 85,423
118,285 85,423
Creditors: amounts falling due within one
year 		5 (54,359) (58,187)
Net current assets 63,926 27,236
Total assets less current liabilities 66,388 30,518
NET ASSETS 66,388 30,518
Capital and reserves
Called up share capital 9 9
Profit and loss account 66,379 30,509
TOTAL EQUITY 66,388 30,518
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 02899148
Mercer Tax and Management Limited
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr C Mercer, Director
28 April 2026
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Mercer Tax and Management Limited
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Mercer Tax and Management Limited is a private company registered in England and Wales. Its registered number is 02899148. The company is limited by shares. Its registered office is 4 South Parade, Penzance, TR18 4DJ. Its principal place of business is 4th Floor Ramillies House, 1-2 Ramillies Street, London, W1F 7LN.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer software - 25% reducing balance
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Computer equipment - 25% reducing balance
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Mercer Tax and Management Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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 balance sheet date.
3 Average number of employees
During the year the average number of employees was 1 (2025 - 1).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2025 27,035
At 31 March 2026 27,035
Depreciation
At 1 April 2025 23,753
Charge for year 820
At 31 March 2026 24,573
Net book value
At 31 March 2026 2,462
At 31 March 2025 3,282
5 Creditors: amounts falling due within one year
2026 2025
£ £
Amounts owed to directors - 701
Taxation 54,106 57,453
VAT payable 253 33
54,359 58,187
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