Mercury Wellness Ltd

Mercury Wellness Ltd
Statement of Financial Position
As at 27 December 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	81,876	102,188
		81,876	102,188
Current assets
Stocks	4	800	800
Debtors	5	14,108	10,815
Cash at bank and in hand		(19,325)	(2,860)
		(4,417)	8,755
Creditors: amount falling due within one year	6	(320,188)	(348,048)
Net current assets		(324,605)	(339,293)

Total assets less current liabilities		(242,729)	(237,105)
Creditors: amount falling due after more than one year	7	0	(15,000)
Provisions for liabilities	8	(1,147)	(709)
Net assets		(243,876)	(252,814)

Capital and reserves
Called up share capital		100	100
Profit and loss account		(243,976)	(252,914)
Shareholders' funds		(243,876)	(252,814)

For the year ended 27 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 13 October 2026 and were signed by:

-------------------------------
Sunny Sachdev
Director

Mercury Wellness Ltd
Notes to the Financial Statements
For the year ended 27 December 2025

General Information

Mercury Wellness Ltd is a private company, limited by shares, registered in England and Wales, registration number 11439249, registration address Mercury Offices, 49 Norman Street, LE3 0BB.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	10% Straight Line
Plant and Machinery	20% Straight Line
Fixtures and Fittings	10% Straight Line
Computer Equipment	20% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 21 (2024 : 20).

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 28 December 2024	210,679	20,762	6,979	16,772	255,192
Additions	-	1,360	-	-	1,360
Disposals	-	-	-	-	-
At 27 December 2025	210,679	22,122	6,979	16,772	256,552
Depreciation
At 28 December 2024	112,323	20,372	3,638	16,671	153,004
Charge for year	21,068	224	698	(318)	21,672
On disposals	-	-	-	-	-
At 27 December 2025	133,391	20,596	4,336	16,353	174,676
Net book values
Closing balance as at 27 December 2025	77,288	1,526	2,643	419	81,876
Opening balance as at 28 December 2024	98,356	390	3,341	101	102,188

Stocks

	2025 £		2024 £
Stocks	800		800
	800		800

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	1,614	1,898
Prepayments & Accrued Income	12,494	8,917
	14,108	10,815

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	65,126	59,710
Bank Loans & Overdrafts	1,236	4,942
PAYE & Social Security	9,587	14,218
Accrued Expenses	13,600	8,933
Other Creditors	949	1,240
Wages & Salaries Control Account	(1,259)	(12,789)
Other Creditor - Vouchers	2,049	30,139
Directors' Current Accounts	189,313	192,271
VAT	39,587	49,384
	320,188	348,048

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	0		15,000
	0		15,000

Provisions for liabilities

	2025 £	2024 £
Deferred Tax	1,147	1,627
Charged to Profit & Loss	0	(918)
	1,147	709