Mercury Technologies Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03980122 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

FOR

MERCURY TECHNOLOGIES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Roxburgh

Mrs M Jardine

SECRETARY:

Mrs M Jardine

REGISTERED OFFICE:

23 Yarm Road

Stockton On Tees

TS18 3NJ

REGISTERED NUMBER:

03980122 (England and Wales)

ACCOUNTANTS:

Lyons & Co Ltd

23 Yarm Road

Stockton On Tees

TS18 3NJ

FIXED ASSETS

Tangible assets

4

547

122

CURRENT ASSETS

Debtors

100,977

39,460

Cash at bank

17,053

16,795

118,030

56,255

CREDITORS

Amounts falling due within one year

44,745

55,180

NET CURRENT ASSETS

73,285

1,075

TOTAL ASSETS LESS CURRENT LIABILITIES

73,832

1,197

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

73,830

1,195

SHAREHOLDERS' FUNDS

73,832

1,197

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 29 January 2019 and were signed on its behalf by:

Mr M Roxburgh - Director

1.	STATUTORY INFORMATION

Mercury Technologies Limited 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost and 25% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2017

6,682

Additions

692

At 30 April 2018

7,374

DEPRECIATION

At 1 May 2017

6,560

Charge for year

267

At 30 April 2018

6,827

NET BOOK VALUE

At 30 April 2018

547

At 30 April 2017

122

5.	RELATED PARTY DISCLOSURES

During the year, expenses of £5,478 (2017 £7,145) were reimbursed to the director.

6.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the current and preceding year by Mr M Roxburgh and Mrs M Jardine