Company Registration No. 05683278 (England and Wales)
Mercury Safety & Security Group Limited
Unaudited accounts
for the year ended 31 January 2023
Mercury Safety & Security Group Limited
Unaudited accounts
Contents
Mercury Safety & Security Group Limited
Company Information
for the year ended 31 January 2023
Directors
Mohamed Kassim Janjirker
Ihtisham Mahboob Bhatti
Rashid Ahmed Khares
Mohamed Faroq janjirker
Company Number
05683278 (England and Wales)
Registered Office
Unit 2 Elite Works
Wellington Road
High Wycombe
HP12 3PR
Accountants
Utopians Accountants
49 Highview
Pinner
Middlesex
HA5 3PE
Mercury Safety & Security Group Limited
Statement of financial position
as at 31 January 2023
Tangible assets
189,770
194,988
Cash at bank and in hand
72,218
64,491
Creditors: amounts falling due within one year
(57,509)
(62,455)
Net current assets
274,215
244,598
Net assets
464,269
439,870
Called up share capital
10,000
10,000
Profit and loss account
454,269
429,870
Shareholders' funds
464,269
439,870
For the year ending 31 January 2023 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2023 and were signed on its behalf by
Mohamed Kassim Janjirker
Director
Company Registration No. 05683278
Mercury Safety & Security Group Limited
Notes to the Accounts
for the year ended 31 January 2023
Mercury Safety & Security Group Limited is a private company, limited by shares, registered in England and Wales, registration number 05683278. The registered office is Unit 2 Elite Works, Wellington Road, High Wycombe, HP12 3PR.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% on reducing balance
Motor vehicles
20% on reducing balance
Fixtures & fittings
10% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Intangible fixed assets
Other
Mercury Safety & Security Group Limited
Notes to the Accounts
for the year ended 31 January 2023
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2022
83,505
89,063
59,755
75,082
307,405
Additions
-
3,674
-
6,193
9,867
At 31 January 2023
83,505
92,737
59,755
81,275
317,272
At 1 February 2022
-
39,150
41,977
31,290
112,417
Charge for the year
-
5,002
5,166
4,917
15,085
At 31 January 2023
-
44,152
47,143
36,207
127,502
At 31 January 2023
83,505
48,585
12,612
45,068
189,770
At 31 January 2022
83,505
49,913
17,778
43,792
194,988
Amounts falling due within one year
Trade debtors
160,264
149,030
Accrued income and prepayments
961
1,691
Other debtors
18,150
18,150
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
25,612
28,762
Taxes and social security
31,897
33,693
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000
10,000
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Average number of employees
During the year the average number of employees was 15 (2022: 14).