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# MERCY HAIR LTD

## Company Registration Number:
10442925 (England and Wales)

## Unaudited statutory accounts for the year ended 31 October 2025

## Period of accounts

## Start date: 1 November 2024

## End date: 31 October 2025

# MERCY HAIR LTD

## Contents of the Financial Statements

for the Period Ended 31 October 2025

Profit and loss |
Balance sheet |
Additional notes |
Balance sheet notes |

# MERCY HAIR LTD

## Profit And Loss Account

for the Period Ended 31 October 2025

| 2025 | 2024
--- | --- | ---
| £ | £
Turnover: | 1,000,000 | 999,999
Cost of sales: | ( 25,000 ) | ( 15,000 )
Gross profit(or loss): | 975,000 | 984,999
Distribution costs: | ( 2,000 ) | ( 2,000 )
Administrative expenses: | ( 200 ) | ( 100 )
Other operating income: | 50 | 25
Operating profit(or loss): | 972,850 | 982,924
Interest receivable and similar income: | 1,200 | 1,100
Interest payable and similar charges: | ( 90 ) | ( 76 )
Profit(or loss) before tax: | 973,960 | 983,948
Tax: | ( 98 ) | ( 88 )
Profit(or loss) for the financial year: | 973,862 | 983,860

# MERCY HAIR LTD

## Balance sheet

As at 31 October 2025

| Notes | 2025 | 2024
--- | --- | --- | ---
|  | £ | £
Called up share capital not paid: |  | 6,000,000 | 6,000,000
Fixed assets
Intangible assets: | 3 | 6,000,000 | 6,000,000
Tangible assets: | 4 | 6,000,000 | 6,000,000
Total fixed assets: |  | 12,000,000 | 12,000,000
Current assets
Stocks: | 5 | 6,000,000 | 6,000,000
Debtors: | 6 | 6,000,000 | 6,000,000
Total current assets: |  | 12,000,000 | 12,000,000
Net current assets (liabilities): |  | 12,000,000 | 12,000,000
Total assets less current liabilities: |  | 30,000,000 | 30,000,000
Total net assets (liabilities): |  | 30,000,000 | 30,000,000
Capital and reserves
Called up share capital: |  | 30,000,000 | 30,000,000
Total Shareholders' funds: |  | 30,000,000 | 30,000,000

The notes form part of these financial statements

# MERCY HAIR LTD

## Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

This report was approved by the board of directors on 3 August 2026
and signed on behalf of the board by:

Name: Mercy C Mutamiri
Status: Director

The notes form part of these financial statements

# MERCY HAIR LTD

## Notes to the Financial Statements

for the Period Ended 31 October 2025

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

# MERCY HAIR LTD

## Notes to the Financial Statements

for the Period Ended 31 October 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 4 | 4

# MERCY HAIR LTD

## Notes to the Financial Statements

for the Period Ended 31 October 2025

## 3. Intangible assets

| Goodwill | Other | Total
--- | --- | --- | ---
Cost | £ | £ | £
At 1 November 2024 | 6,000,000 | 6,000,000 | 12,000,000
Additions | 6,000,000 | 0 | 6,000,000
Disposals | 0 | 0 | 0
Revaluations | 0 | 0 | 0
Transfers | 0 | 0 | 0
At 31 October 2025 | 12,000,000 | 6,000,000 | 18,000,000
Amortisation |  |  |
At 1 November 2024 | 6,000,000 | 0 | 6,000,000
Charge for year | 6,000,000 | 0 | 6,000,000
On disposals | ( 6,000,000 ) | 0 | ( 6,000,000 )
Other adjustments | 6,000,000 | 0 | 6,000,000
At 31 October 2025 | 12,000,000 | 0 | 12,000,000
Net book value |  |  |
At 31 October 2025 | 0 | 6,000,000 | 6,000,000
At 31 October 2024 | 0 | 6,000,000 | 6,000,000

# MERCY HAIR LTD

## Notes to the Financial Statements

for the Period Ended 31 October 2025

## 4. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
At 1 November 2024 | 6,000,000 | 0 | 0 | 0 |  | 6,000,000
Additions | 0 |  |  |  |  | 0
Disposals |  |  |  |  |  |
Revaluations | 0 |  |  |  |  | 0
Transfers |  |  |  |  |  |
At 31 October 2025 | 6,000,000 | 0 | 0 | 0 |  | 6,000,000
Depreciation |  |  |  |  |  |
At 1 November 2024 | 0 |  |  |  |  | 0
Charge for year |  |  |  |  |  |
On disposals |  |  |  |  |  |
Other adjustments |  |  |  |  |  |
At 31 October 2025 | 0 |  |  |  |  | 0
Net book value |  |  |  |  |  |
At 31 October 2025 | 6,000,000 | 0 | 0 | 0 |  | 6,000,000
At 31 October 2024 | 6,000,000 | 0 | 0 | 0 |  | 6,000,000

# MERCY HAIR LTD

## Notes to the Financial Statements

for the Period Ended 31 October 2025

## 5. Stocks

| 2025 | 2024
--- | --- | ---
| £ | £
Stocks | 6,000,000 | 6,000,000
Total | 6,000,000 | 6,000,000

# MERCY HAIR LTD

## Notes to the Financial Statements

for the Period Ended 31 October 2025

## 6. Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 6,000,000 | 6,000,000
Total | 6,000,000 | 6,000,000

# MERCY HAIR LTD

## Notes to the Financial Statements

for the Period Ended 31 October 2025

## 7. Financial Commitments

I need to include maintenance charges in yhe joude prices.

# MERCY HAIR LTD

## Notes to the Financial Statements

for the Period Ended 31 October 2025

## 8. Loans to directors

Name of director receiving advance or credit: | Mercy Chiratidzo Mutamiri
Description of the transaction:
A gift for the home buying and other expenses for the business and day to day expenses from King of Kings Jesus Christ.
| £
--- | ---
Balance at 31 October 2024 | 20,000,000
Advances or credits made: | 6,000,000
Advances or credits repaid: | 10,000,000
Balance at 31 October 2025 | 16,000,000