Mercer Tax and Management Limited
|
Registered Number
:
02899148
|
For the year ended 31 March 2021
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2021
Mercer Tax and Management Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Mercer Tax and Management Limited
Statement of Financial Position
2020
2021
31,600
47,400
2
Property
,
plant and equipment
|
6,654
3,899
3
38,254
51,299
Trade and other receivables
|
38,950
-
4
30,646
Cash and cash equivalents
|
74,259
74,259
69,596
Trade and other payables
:
amounts falling due within one
|
year
|
(42,590)
(48,454)
5
27,006
25,805
Net current assets
Total assets less current liabilities
|
64,059
78,305
64,059
Net assets
78,305
9
9
64,050
78,296
64,059
78,305
Shareholders' funds
For the year ended 31 March 2021 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 22 December 2021 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 March 2021
Mercer Tax and Management Limited
Notes to the Financial Statements
Statutory Information
Mercer Tax and Management Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
02899148
.
|
Principal place of business
:
|
5th Floor
22 Grosvenor Gardens
London
SW1W 0DH
4 South Parade
Penzance
TR18 4DJ
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
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:
|
Computer equipment
2
.
Intangible fixed assets
|
110,600
110,600
63,200
15,800
Charge for year
79,000
31,600
47,400
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For the year ended 31 March 2021
Mercer Tax and Management Limited
Notes to the Financial Statements Continued
3
.
Property
,
plant and equipment
|
19,797
4,755
24,552
Provision for depreciation and impairment
|
15,898
Charge for year
2,000
17,898
6,654
3,899
4
.
Trade and other receivables
|
2020
2021
-
38,950
5
.
Trade and other payables
:
amounts falling due within one year
|
2020
2021
Taxation and social security
|
48,122
42,590
332
-
48,454
42,590
6
.
Average number of persons employed
|
During the year the average number of employees was 1 (2020 : 1)
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