Accounts filed on 31-03-2014

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			Company registration number:00575535
			MERGER INVESTMENTS LIMITED
			ABBREVIATED FINANCIAL STATEMENTS
			FOR THE YEAR ENDED 31 March 2014

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MERGER INVESTMENTS LIMITED
BALANCE SHEET
AS AT 31 March 2014
			2014				2013
		Notes	£		£		£		£
FIXED ASSETS
Investments					159,875				159,455
Tangible assets		2			815,839				815,839
					975,714				975,294
CURRENT ASSETS
Debtors			10,000				27,000
			10,000				27,000
CREDITORS
Amounts falling due within one year			(591,314)				(663,099)
NET CURRENT ASSETS					(581,314)				(636,099)
TOTAL ASSETS LESS
CURRENT LIABILITIES					394,400				339,195
NET ASSETS					394,400				339,195
CAPITAL AND RESERVES
Called-up equity share capital		3			100				100
Profit and loss account					394,300				339,095
SHAREHOLDERS FUNDS					394,400				339,195
For the year ending 31 March 2014 the company was entitled to exemption 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 the accounts.
These financial statements have been prepared in accordance with the special provisions relating to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Approved by the board of directors on 16 July 2014 and signed on its behalf.
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W J H Spooner
16 July 2014
The annexed notes form part of these financial statements.

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MERGER INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2014

1.

Accounting policies

Basis of preparing the financial statements

The accounts 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 rents and income receivable from the company's investment properties exclusive of Value Added Tax.

Investments

Investment properties are included in the balance sheet at their open market existing use value, and are not depreciated. Although this accounting policy is in accordance with SSAP 19 'Accounting for Investment Properties', it is a departure from the general requirement of the Companies Act 2006 for all fixed assets with a finite life to be depreciated. In the opinion of the directors compliance with the accountin standard is necessary for the financial statements to give a true and fair view because the properties are held for investment rather than consumption, and therefore systematic annual depreciation would not be appropriate. Surpluses and temporary deficits arising on valuations are taken to revaluation reserve, whilst permanent diminutions in value are taken to th profit and loss account. Investments other than investment properties are stated at the lower of cost and net realisable value.

Fixed assets

No depreciation is provided on freehold land and buildings, as they are all investment properties (see Investments policy below).

Deferred taxation

Deferred tax assets and liabilities have arisen from timing differences between the recognition of gains and losses in the financial statements and their recognition in a tax computation. Full provision is made for all liabilities, and provision is made for assets to the extent that they are considered more likely than not to be recoverable in the foreseeable future. Provision is made using tax rates that are expected to apply in the periods in which the timing differences are expected to reverse, based upon rates enacted at the balance sheet date.

2.	Tangible fixed assets
				Total
	Cost
	At start of period			815,839
	At end of period			815,839
	Net Book Value
	At start of period			815,839
	At end of period			815,839

3.	Share capital				Allotted, issued and fully paid
					2014	2013
					£	£
	Ordinary shares of £1 each				100	100
	Total issued share capital				100	100
4.	Ultimate controlling party
	The company is under the control of the directors.