Registration number: 00895940

Mercury Sports Equipment Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Mercury Sports Equipment Limited

Company Information

Directors

Mr D W Eardley Mr A J Eardley Mrs S C Eardley Mrs I Eardley

Registered office

Victoria Road Fenton Stoke on Trent Staffordshire ST4 2HS

Accountants

Howsons Chartered AccountantsWinton House Stoke Road Stoke on Trent Staffordshire ST4 2RW

Mercury Sports Equipment Limited

(Registration number: 00895940)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	230,442	246,154
Investment property	5	187,500	187,500
		417,942	433,654
Current assets
Stocks		15,403	10,427
Debtors	6	76,694	75,912
Cash at bank and in hand		18,598	32,458
		110,695	118,797
Creditors: Amounts falling due within one year	7	(63,432)	(66,953)
Net current assets		47,263	51,844
Total assets less current liabilities		465,205	485,498
Creditors: Amounts falling due after more than one year	7	-	(12,174)
Provisions for liabilities		(43,624)	(45,722)
Net assets		421,581	427,602
Capital and reserves
Called up share capital		500	500
Revaluation reserve		133,958	138,625
Other reserves		143,021	143,021
Retained earnings		144,102	145,456
Shareholders' funds		421,581	427,602

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 July 2026 and signed on its behalf by:
 

Mercury Sports Equipment Limited

(Registration number: 00895940)
Balance Sheet as at 31 October 2025

......................................... Mr A J Eardley Director

Mercury Sports Equipment Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Victoria Road
Fenton
Stoke on Trent
Staffordshire
ST4 2HS

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's presentational currency is pound sterling (£). The accounts are rounded to the nearest whole pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Mercury Sports Equipment Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% reducing balance
Motor vehicles	25% reducing balance
Office equipment	25% reducing balance
Land and buildings	2% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by internal valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Mercury Sports Equipment Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Financial instruments

Classification
Basic financial assets, including trade and other debtors, cash and bank balances, are initially recognised at transaction price, 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.
Such assets are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities, including trade and other trade creditors, bank and other loans, 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 receipts discounted at a market rate of interest.

 Recognition and measurement
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit and loss.

 Impairment
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised in the profit or loss.

Financial assets are derecognised when a) the contractual rights to the cash flows from the asset expire or are settled, or b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2024 - 7).

Mercury Sports Equipment Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

5	Investment properties

	2025 £
At 1 November 2024 and 31 October 2025	187,500

The investment property has been valued by an external valuer, Louis Taylor.

6

Debtors

	2025 £	2024 £
Trade debtors	55,823	52,545
Other debtors	14,723	18,931
Prepayments	6,148	4,436
	76,694	75,912

7

Creditors

	2025 £	2024 £
Due within one year
Bank loans and overdrafts	8,864	14,042
Trade creditors	18,959	15,564
Taxation and social security	14,792	14,517
Other creditors	20,817	22,830
	63,432	66,953
Due after one year
Loans and borrowings	-	12,174