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REGISTERED NUMBER: 06828641 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

MULBERRY WEALTH MANAGEMENT LIMITED

MULBERRY WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 06828641)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MULBERRY WEALTH MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: P J Payne
R P Bevington
M A V Morris





REGISTERED OFFICE: 366 & 368 Cyncoed Road
Cyncoed
Cardiff
CF23 6SA





REGISTERED NUMBER: 06828641 (England and Wales)





ACCOUNTANTS: Graham Paul Limited
Court House
Court Road
Bridgend
CF31 1BE

MULBERRY WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 06828641)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 76,020 94,346

CURRENT ASSETS
Debtors 5 40,076 72,983
Cash at bank and in hand 336,426 293,872
376,502 366,855
CREDITORS
Amounts falling due within one year 6 244,207 237,558
NET CURRENT ASSETS 132,295 129,297
TOTAL ASSETS LESS CURRENT
LIABILITIES

208,315

223,643

PROVISIONS FOR LIABILITIES 11,377 13,880
NET ASSETS 196,938 209,763

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 196,838 209,663
SHAREHOLDERS' FUNDS 196,938 209,763

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

MULBERRY WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 06828641)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 16 May 2023 and were signed on its behalf by:





P J Payne - Director


MULBERRY WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 06828641)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Mulberry Wealth Management 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, 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.
Land and buildings - Over the life of the lease
Plant and machinery etc - 10% on cost

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 balance sheet date.

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

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 3 (2022 - 14 ) .

MULBERRY WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 06828641)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 33,302 163,762 197,064
Additions - 1,049 1,049
At 31 March 2023 33,302 164,811 198,113
DEPRECIATION
At 1 April 2022 17,919 84,799 102,718
Charge for year 3,330 16,045 19,375
At 31 March 2023 21,249 100,844 122,093
NET BOOK VALUE
At 31 March 2023 12,053 63,967 76,020
At 31 March 2022 15,383 78,963 94,346

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 12,446 44,500
Amounts recoverable on contract 5,000 5,000
Other debtors 22,630 23,483
40,076 72,983

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 2,390 533
Taxation and social security 792 (3,740 )
Other creditors 241,025 240,765
244,207 237,558

7. RELATED PARTY DISCLOSURES

Transactions with holding company

Amount due to holding company at the balance sheet date (£2,390) (2022 - £44,499 )

The company paid dividends to the holding company of £NIL (2022 - £182,038)

The company incurred management charges of £60,000 (2022 - £60,000)

Transactions with Mulberry Wealth Client Services Limited

Amount due from Mulberry Wealth Client Services Limited at balance sheet date £12,446.45 (2022 - (£533) )