REGISTERED NUMBER: 05912608 (England and Wales)

Unaudited Financial Statements

For The Year Ended 30 November 2025

for

Mercury Construction (South West)

Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

149,800

171,570

CURRENT ASSETS

Stocks

184,671

206,679

Debtors

5

1,162,379

1,267,350

Cash at bank

1,999,721

1,631,166

3,346,771

3,105,195

CREDITORS

Amounts falling due within one year

6

2,837,357

2,131,053

NET CURRENT ASSETS

509,414

974,142

TOTAL ASSETS LESS CURRENT LIABILITIES

659,214

1,145,712

CREDITORS

Amounts falling due after more than one year

7

-

(1,300

)

PROVISIONS FOR LIABILITIES

(37,170

)

(42,472

)

NET ASSETS

622,044

1,101,940

CAPITAL AND RESERVES

Called up share capital

10

200

200

Retained earnings

621,844

1,101,740

SHAREHOLDERS' FUNDS

622,044

1,101,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 14 August 2026 and were signed on its behalf by:

S B Welch - Director

1.	STATUTORY INFORMATION

Mercury Construction (South West) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05912608

Registered office:

Harscombe House

1 Darklake View

Plymouth

Devon

PL6 7TL

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Stocks

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

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.

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 44 (2024 - 45 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 December 2024

69,361

29,641

130,809

296,786

526,597

Additions

-

-

12,095

36,055

48,150

Disposals

-

(13,788

)

(890

)

(54,401

)

(69,079

)

At 30 November 2025

69,361

15,853

142,014

278,440

505,668

DEPRECIATION

At 1 December 2024

67,679

25,305

107,809

154,234

355,027

Charge for year

561

205

8,882

49,787

59,435

Eliminated on disposal

-

(9,906

)

(353

)

(48,335

)

(58,594

)

At 30 November 2025

68,240

15,604

116,338

155,686

355,868

NET BOOK VALUE

At 30 November 2025

1,121

249

25,676

122,754

149,800

At 30 November 2024

1,682

4,336

23,000

142,552

171,570

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

664,701

856,437

Other debtors

497,678

410,913

1,162,379

1,267,350

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Hire purchase contracts (see note 8)

-

5,199

Trade creditors

1,219,568

940,261

Taxation and social security

835,698

594,106

Other creditors

782,091

591,487

2,837,357

2,131,053

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Hire purchase contracts (see note 8)

-

1,300

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.11.25

30.11.24

£

£

Net obligations repayable:

Within one year

-

5,199

Between one and five years

-

1,300

-

6,499

Non-cancellable

operating leases

30.11.25

30.11.24

£

£

Within one year

46,609

60,846

Between one and five years

125,040

45,386

171,649

106,232

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Hire purchase contracts

-

6,499

Company credit cards

11,170

3,730

11,170

10,229

Hire purchase liabilities are secured against the assets to which they relate.

The Company credit cards are secured by a debenture and fixed floating charge over the company's assets.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

100

Ordinary A

£1

100

100

100

Ordinary B

£1

100

100

200

200