1 April 2023 v2024.67.2 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP051194222023-04-012024-03-31051194222024-03-31051194222023-03-3105119422core:WithinOneYear2024-03-3105119422core:WithinOneYear2023-03-3105119422core:AfterOneYear2024-03-3105119422core:AfterOneYear2023-03-3105119422core:ShareCapital2024-03-3105119422core:ShareCapital2023-03-3105119422core:RetainedEarningsAccumulatedLosses2024-03-3105119422core:RetainedEarningsAccumulatedLosses2023-03-3105119422bus:Director12023-04-012024-03-3105119422bus:RegisteredOffice2023-04-012024-03-3105119422core:NetGoodwill2023-04-012024-03-3105119422core:FurnitureFittingsToolsEquipment2023-04-012024-03-3105119422core:OfficeEquipment2023-04-012024-03-3105119422core:MotorVehicles2023-04-012024-03-31051194222022-04-012023-03-3105119422core:NetGoodwill2024-03-3105119422core:NetGoodwill2023-04-0105119422core:NetGoodwill2023-03-3105119422core:PlantMachinery2023-04-0105119422core:PlantMachinery2023-04-012024-03-3105119422core:PlantMachinery2024-03-3105119422core:PlantMachinery2023-03-310511942212023-04-012024-03-3105119422countries:EnglandWales2023-04-012024-03-3105119422bus:AuditExemptWithAccountantsReport2023-04-012024-03-3105119422bus:PrivateLimitedCompanyLtd2023-04-012024-03-3105119422bus:SmallEntities2023-04-012024-03-3105119422bus:FullAccounts2023-04-012024-03-31
Company registration number:
05119422
Berry's Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2024
Berry's Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Berry's Limited
Year ended
31 March 2024
As described on the statement of financial position, the Board of Directors of
Berry's Limited
are responsible for the preparation of the
financial statements
for the year ended
31 March 2024
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Sutton & Co Accountants Ltd
25 Park Street
Macclesfield
Cheshire
SK11 6SS
United Kingdom
Date:
24 December 2024
Berry's Limited
Statement of Financial Position
31 March 2024
20242023
Note££
Fixed assets    
Intangible assets 5 -  
1,500
 
Tangible assets 6
19,613
 
14,746
 
19,613
 
16,246
 
Current assets    
Stocks
6,655
 
6,050
 
Debtors 7
119,833
 
84,151
 
Cash at bank and in hand
5,909
 
7,822
 
132,397
 
98,023
 
Creditors: amounts falling due within one year 8
(93,197
)
(77,959
)
Net current assets
39,200
 
20,064
 
Total assets less current liabilities 58,813   36,310  
Creditors: amounts falling due after more than one year 9
(19,662
)
(30,314
)
Provisions for liabilities
(4,511
)
(2,802
)
Net assets
34,640
 
3,194
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
34,540
 
3,094
 
Shareholders funds
34,640
 
3,194
 
For the year ending
31 March 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
24 December 2024
, and are signed on behalf of the board by:
Jason Edward Charlesworth
Director
Company registration number:
05119422
Berry's Limited
Notes to the Financial Statements
Year ended
31 March 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Units 10 & 11 Millbank House Riverside Business Park
,
Manchester Road
,
Wilmslow
,
Cheshire
,
SK9 1BJ
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when Invoiced.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Goodwill

. Goodwill is initially recorded at cost, and is subsequently stated at cost less any accumulated amortisation, and It is amortised on a straight-line basis over the useful economic life of twenty years.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures, fittings and equipment
15% reducing balance
Office equipment
20% reducing balance
Motor vehicles
25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Operating leases

A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership. Lease payments are recognised as an expense over the lease term on a straight-line basis.

4 Average number of employees

The average number of persons employed by the company during the year was
3
(2023:
3
).

5 Intangible assets

Goodwill
£
Cost  
At
1 April 2023
and
31 March 2024
30,000
 
Amortisation  
At
1 April 2023
28,500
 
Charge
1,500
 
At
31 March 2024
30,000
 
Carrying amount  
At
31 March 2024
-  
At 31 March 2023
1,500
 

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2023
93,173
 
Additions
15,994
 
Disposals
(9,081
)
At
31 March 2024
100,086
 
Depreciation  
At
1 April 2023
78,427
 
Charge
9,017
 
Disposals
(6,971
)
At
31 March 2024
80,473
 
Carrying amount  
At
31 March 2024
19,613
 
At 31 March 2023
14,746
 

7 Debtors

20242023
££
Trade debtors
60,426
 
53,149
 
Other debtors
59,407
 
31,002
 
119,833
 
84,151
 

8 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
10,000
 
10,000
 
Trade creditors
40,485
 
46,020
 
Taxation and social security
25,799
 
11,405
 
Other creditors
16,913
 
10,534
 
93,197
 
77,959
 

9 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
11,672
 
21,672
 
Other creditors
7,990
 
8,642
 
19,662
 
30,314
 

10 Guarantees and other financial commitments

At 31 March 2024, the company had total commitments under a non-cancellable operating lease over its remaining term of £49453 (2023 £64,406).