Mercer Land Ltd - Accounts to registrar - small 17.2

Mercer Land Ltd - Accounts to registrar - small 17.2

MERCER LAND LTD - Company Information

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REGISTERED NUMBER: 07932539 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

MERCER LAND LTD

MERCER LAND LTD (REGISTERED NUMBER: 07932539)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MERCER LAND LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTOR: J A De Maria





REGISTERED OFFICE: 73 Watling Street
London
EC4M 9BJ





REGISTERED NUMBER: 07932539 (England and Wales)





ACCOUNTANT: SBM Associates Limited
24 Wandsworth Road
London
SW8 2JW
Page 1
MERCER LAND LTD (REGISTERED NUMBER: 07932539)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2016

2016 2015
as restated
Notes £    £   
CURRENT ASSETS
Debtors 3 10,356 34,720
Cash at bank 276 919
10,632 35,639
CREDITORS
Amounts falling due within one year 4 1,200 1,200
NET CURRENT ASSETS 9,432 34,439
TOTAL ASSETS LESS CURRENT
LIABILITIES
9,432
34,439

CREDITORS
Amounts falling due after more than one
year
5
22,980
29,890
NET (LIABILITIES)/ASSETS (13,548 ) 4,549

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (13,558 ) 4,539
SHAREHOLDERS' FUNDS (13,548 ) 4,549

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 13 December 2017 and were signed by:



J A De Maria - Director


The notes form part of these financial statements

Page 2
MERCER LAND LTD (REGISTERED NUMBER: 07932539)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016

1. STATUTORY INFORMATION

Mercer Land Ltd is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and 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.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
as restated
£    £   
Other debtors 10,356 34,720

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
as restated
£    £   
Other creditors 1,200 1,200

Page 3 continued...
MERCER LAND LTD (REGISTERED NUMBER: 07932539)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2016 2015
as restated
£    £   
Bank loans 22,980 29,890

Page 4