REGISTERED NUMBER: 02296950 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

MERCIA COURT RESIDENTS MANAGEMENT LTD

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

D G Smith

M J Walsh

J Watling

SECRETARY:

Town & City Secretaries Ltd

REGISTERED OFFICE:

9 Pioneer Court

Morton Palms

Co. Durham

DL1 4WD

REGISTERED NUMBER:

02296950 (England and Wales)

ACCOUNTANTS:

Stephenson Nuttall & Co

Chartered Accountants

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

The directors present their report with the financial statements of the company for the year ended 31st December 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st January 2025 to the date of this report.

D G Smith

M J Walsh

J Watling

Other changes in directors holding office are as follows:

J W Robson ceased to be a director after 31st December 2025 but prior to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

M J Walsh - Director

6th July 2026

INCOME

19,443

16,868

Service Charge Expenditure

18,205

18,047

OPERATING PROFIT/(LOSS)

1,238

(1,179

)

Interest receivable and similar income

412

484

PROFIT/(LOSS) BEFORE TAXATION

1,650

(695

)

Tax on profit/(loss)

4

-

-

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

1,650

(695

)

CURRENT ASSETS

Debtors

5

28,670

28,128

CREDITORS

Amounts falling due within one year

6

28,656

28,114

NET CURRENT ASSETS

14

14

TOTAL ASSETS LESS CURRENT LIABILITIES

14

14

CAPITAL AND RESERVES

Called up share capital

7

14

14

SHAREHOLDERS' FUNDS

14

14

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 6th July 2026 and were signed on its behalf by:

M J Walsh - Director

1.	STATUTORY INFORMATION

Mercia Court Residents Management Ltd 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.

Income

During the year the Company received monies from lessees by way of service charges and associated income, which are held on trust and do not constitute turnover.

Presentation of the profit and loss account

The presentation of the Income Statement on page 3 varies slightly from the usual recommended format, to reflect the fact that the Company receives service charges and associated income which are held on trust.

3.	EMPLOYEES AND DIRECTORS

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

31/12/25

31/12/24

£

£

Directors' remuneration

-

-

4.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the year ended 31st December 2025 nor for the year ended 31st December 2024.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

87

212

Service Charge Deficit

-

1,387

Cash at Bank held by Agent

24,771

22,993

Prepayments

3,812

3,536

28,670

28,128

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade creditors

4,283

5,729

Reserve Fund Account

11,468

9,538

Service Charge Account

263

-

Balcony Reserve Fund

12,000

10,600

Accrued expenses

642

2,247

28,656

28,114

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/25

31/12/24

value:

£

£

14

Ordinary

£1

14

14

8.

RESERVES

Retained

earnings

£

Profit for the year

1,650

Transfer to Service Charge Account

(1,650

)

At 31st December 2025

-