REGISTERED NUMBER: 07064352 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

MERCER SCAFFOLDING & PLANT HIRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

C L Mercer

N Mercer

K E Akehurst

H G Mercer

REGISTERED OFFICE:

Manor Farm

Manor Road

Longfield Hill

Longfield

Kent

DA3 8LD

REGISTERED NUMBER:

07064352 (England and Wales)

ACCOUNTANTS:

Stephen Hill Mid Kent Limited

31-33 Albion Place

Sittingbourne Road

Maidstone

Kent

ME14 5DZ

FIXED ASSETS

Tangible assets

4

6,979,092

7,061,829

CURRENT ASSETS

Stocks

149,618

215,871

Debtors

5

699,236

977,753

Cash at bank and in hand

152,918

49,442

1,001,772

1,243,066

CREDITORS

Amounts falling due within one year

6

2,057,108

2,295,982

NET CURRENT LIABILITIES

(1,055,336

)

(1,052,916

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,923,756

6,008,913

CREDITORS

Amounts falling due after more than one year

7

(529,532

)

(428,429

)

PROVISIONS FOR LIABILITIES

(1,549,856

)

(1,529,089

)

NET ASSETS

3,844,368

4,051,395

CAPITAL AND RESERVES

Called up share capital

1,003

1,003

Retained earnings

3,843,365

4,050,392

SHAREHOLDERS' FUNDS

3,844,368

4,051,395

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

N Mercer - Director

K E Akehurst - Director

1.	STATUTORY INFORMATION

Mercer Scaffolding & Plant Hire Limited 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on cost

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

11,898,196

Additions

799,558

At 31 October 2025

12,697,754

DEPRECIATION

At 1 November 2024

4,836,367

Charge for year

882,295

At 31 October 2025

5,718,662

NET BOOK VALUE

At 31 October 2025

6,979,092

At 31 October 2024

7,061,829

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 November 2024

603,236

Additions

267,235

Transfer to ownership

(603,236

)

At 31 October 2025

267,235

DEPRECIATION

At 1 November 2024

247,913

Charge for year

42,286

Transfer to ownership

(247,913

)

At 31 October 2025

42,286

NET BOOK VALUE

At 31 October 2025

224,949

At 31 October 2024

355,323

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

670,119

962,406

Other debtors

29,117

15,347

699,236

977,753

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

755,854

385,224

Hire purchase contracts

130,843

176,491

Trade creditors

587,542

1,015,183

Amounts owed to group undertakings

55,705

74,852

Taxation and social security

316,728

334,336

Other creditors

210,436

309,896

2,057,108

2,295,982

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

245,622

96,220

Hire purchase contracts

180,893

106,173

Trade creditors

103,017

226,036

529,532

428,429

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Hire purchase contracts

311,736

282,664

9.	OFF-BALANCE SHEET ARRANGEMENTS

The company has operating leases with a contractual obligation of £31,481 within 12 months.

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the immediate parent company Mercer (Group) Limited was owed by the company £429 (2024- £429). The loan is unsecured, interest free and payable on demand.

At the balance sheet date a fellow wholly owned subsidiary Mercer Building Services Ltd owed the company £55,276 (2024 -£74,423). The loan is unsecured, interest free and payable on demand.

During the year the company traded with this fellow subsidiary and the total value of invoices raised was £284,704 (2024 - £273,481).

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 Balance Sheet. 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 Scaffolding & Plant Hire Limited for the year ended 31 October 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet 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 Scaffolding & Plant Hire Limited, 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 Scaffolding & Plant Hire Limited and state those matters that we have agreed to state to the Board of Directors of Mercer Scaffolding & Plant Hire Limited, 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 Scaffolding & Plant Hire Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Mercer Scaffolding & Plant Hire Limited 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 Scaffolding & Plant Hire Limited. You consider that Mercer Scaffolding & Plant Hire Limited 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 Scaffolding & Plant Hire Limited. 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.

Stephen Hill Mid Kent Limited

31-33 Albion Place

Sittingbourne Road

Maidstone

Kent

ME14 5DZ

30 June 2026