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Registered number: 01349222
Mercia Group Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 May 2026
JMC Accountants & Tax Advisers Ltd
76 High Street
Brierley Hill
West Midlands
DY5 3AW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 01349222
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 269,892 686,484
Investments 5 100 100
269,992 686,584
CURRENT ASSETS
Debtors 6 7,013 53,368
Cash at bank and in hand 392,386 65,057
399,399 118,425
Creditors: Amounts Falling Due Within One Year 7 (54,442 ) (39,683 )
NET CURRENT ASSETS (LIABILITIES) 344,957 78,742
TOTAL ASSETS LESS CURRENT LIABILITIES 614,949 765,326
Creditors: Amounts Falling Due After More Than One Year 8 - (67,980 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (22,101 ) (55,913 )
NET ASSETS 592,848 641,433
CAPITAL AND RESERVES
Called up share capital 11 301 301
Revaluation reserve 13 86,131 229,134
Capital redemption reserve (201,950 ) (201,950 )
Profit and Loss Account 708,366 613,948
SHAREHOLDERS' FUNDS 592,848 641,433
Page 1
Page 2
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Warren Holland
Director
23rd July 2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Mercia Group Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01349222 . The registered office is K2 Dudley Central Trading Estate, Shaw Road, Dudley, West Midlands, DY2 8QX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold not provided
Plant & Machinery 20% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2025: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost or Valuation
As at 1 June 2025 665,000 3,650 17,834 686,484
Additions 6,516 - - 6,516
Disposals (415,000 ) (3,650 ) - (418,650 )
As at 31 May 2026 256,516 - 17,834 274,350
...CONTINUED
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Depreciation
As at 1 June 2025 - - - -
Provided during the period - - 4,458 4,458
As at 31 May 2026 - - 4,458 4,458
Net Book Value
As at 31 May 2026 256,516 - 13,376 269,892
As at 1 June 2025 665,000 3,650 17,834 686,484
Cost or valuation as at 31 May 2026 represented by:
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
At cost 69,636 - 17,834 87,470
At valuation 186,880 - - 186,880
256,516 - 17,834 274,350
The valuation was considered by the director of the company in May 2026 and he is of the opinion that the value at this date was £250,000 (2025 £665,000). This valuation was based on his local knowledge of similar properties in the area that the freehold property is located.
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 June 2025 100
As at 31 May 2026 100
Provision
As at 1 June 2025 -
As at 31 May 2026 -
Net Book Value
As at 31 May 2026 100
As at 1 June 2025 100
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Page 6
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors - 10,800
Amounts owed by group undertakings 3,013 2,938
Other debtors 4,000 39,630
7,013 53,368
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 3,275 20,148
Trade creditors 2,210 4,625
Bank loans and overdrafts - 6,120
Other creditors 3,187 1,574
Taxation and social security 45,770 7,216
54,442 39,683
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts - 11,893
Bank loans - 56,087
- 67,980
9. Secured Creditors
Of the creditors the following amounts are secured.
Lloyds Bank PLC hold a legal charge over the company Freehold Land and Property.
2026 2025
£ £
Bank loans and overdrafts - 56,087
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10. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,275 20,148
Later than one year and not later than five years - 11,893
3,275 32,041
3,275 32,041
11. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 301 301
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2025 Amounts advanced Amounts repaid Amounts written off As at 31 May 2026
£ £ £ £ £
Mr Warren Holland 34,312 - 34,312 - -
The above loan is unsecured, interest free and repayable on demand.
13. Reserves
Revaluation reserve Capital Redemption Profit and Loss Account
£ £ £
As at 1 June 2025 229,134 (201,950 ) 613,948
Profit for the year and total comprehensive income - - 136,418
Dividends paid - - (42,000)
Transfer to/from Profit & Loss Account (143,003 ) - -
As at 31 May 2026 86,131 (201,950 ) 708,366
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