Mercury (Pmc) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06081162 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

MERCURY (PMC) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Perrett

Mrs C A Sherfield

B J Perrett

REGISTERED OFFICE:

Newton House, Over Wallop

Stockbridge

Hampshire

SO20 8HU

REGISTERED NUMBER:

06081162 (England and Wales)

FIXED ASSETS

Tangible assets

2

7,342

7,932

CURRENT ASSETS

Debtors

2,769

-

Cash at bank

4,419

2,168

7,188

2,168

CREDITORS

Amounts falling due within one year

8,933

70

NET CURRENT (LIABILITIES)/ASSETS

(1,745

)

2,098

TOTAL ASSETS LESS CURRENT LIABILITIES

5,597

10,030

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

5,497

9,930

SHAREHOLDERS' FUNDS

5,597

10,030

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 6 October 2015 and were signed on its behalf by:

J Perrett - Director

1.	ACCOUNTING POLICIES

ACCOUNTING CONVENTION

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

TURNOVER

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

33% on cost, 25% on reducing balance and 10% on cost

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

19,249

Additions

4,938

Disposals

(11,904

)

At 31 March 2015

12,283

DEPRECIATION

At 1 April 2014

11,317

Charge for year

1,064

Eliminated on disposal

(7,440

)

At 31 March 2015

4,941

NET BOOK VALUE

At 31 March 2015

7,342

At 31 March 2014

7,932

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

1

100

100