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Company Registration No. 08493900 (England and Wales)
White Mulberries Ltd Unaudited accounts for the year ended 30 April 2024
White Mulberries Ltd Unaudited accounts Contents
Page
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White Mulberries Ltd Company Information for the year ended 30 April 2024
Directors
Mrs Rana Chavmeh Mr Peyman Darban
Company Number
08493900 (England and Wales)
Registered Office
C/O Gains Accountants Queen Elizabeth Olympic Park Plexal - 4 East Bay Lane E20 3BS United Kingdom
Accountants
Gains Accountants Queen Elizabeth Olympic Park Plexal, 14 East Bay Lane London E20 3BS
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White Mulberries Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,818 
22,983 
Current assets
Inventories
20,000 
20,000 
Debtors
20,428 
33,228 
Cash at bank and in hand
565,135 
468,997 
605,563 
522,225 
Creditors: amounts falling due within one year
(243,319)
(125,521)
Net current assets
362,244 
396,704 
Total assets less current liabilities
395,062 
419,687 
Creditors: amounts falling due after more than one year
(10,833)
(20,833)
Net assets
384,229 
398,854 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
384,129 
398,754 
Shareholders' funds
384,229 
398,854 
For the year ending 30 April 2024 the company was entitled to exemption from audit 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 accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 January 2025 and were signed on its behalf by
Mrs Rana Chavmeh Director Company Registration No. 08493900
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White Mulberries Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
White Mulberries Ltd is a private company, limited by shares, registered in England and Wales, registration number 08493900. The registered office is C/O Gains Accountants, Queen Elizabeth Olympic Park, Plexal - 4 East Bay Lane, E20 3BS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the life of lease
Plant & machinery
20% on cost
Fixtures & fittings
20% on cost or over the life of lease
Computer equipment
20% on cost
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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White Mulberries Ltd Notes to the Accounts for the year ended 30 April 2024
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
9,700 
42,159 
84,276 
2,269 
138,404 
Additions
4,655 
11,659 
3,632 
- 
19,946 
At 30 April 2024
14,355 
53,818 
87,908 
2,269 
158,350 
Depreciation
At 1 May 2023
2,252 
31,937 
80,012 
1,220 
115,421 
Charge for the year
584 
5,579 
3,381 
567 
10,111 
At 30 April 2024
2,836 
37,516 
83,393 
1,787 
125,532 
Net book value
At 30 April 2024
11,519 
16,302 
4,515 
482 
32,818 
At 30 April 2023
7,448 
10,222 
4,264 
1,049 
22,983 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,202 
17,766 
Accrued income and prepayments
18,226 
15,462 
20,428 
33,228 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
11,130 
44,925 
Trade creditors
140,167 
22,349 
Taxes and social security
80,334 
83,020 
Other creditors
2,282 
22,976 
Loans from directors
(35,068)
(91,909)
Accruals
34,474 
34,160 
243,319 
125,521 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,833 
20,833 
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White Mulberries Ltd Notes to the Accounts for the year ended 30 April 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 April 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
79,500 
79,500 
Later than one year and not later than five years
322,000 
322,000 
Later than five years
274,000 
354,500 
675,500 
756,000 
10
Loans to directors
At the year-end, £35,068 was owed by Rana Chavmeh and Peyman Darban to the company (FY 2023: £91,909). The outstanding director's loan has been paid within nine months after the year-end.
11
Average number of employees
During the year the average number of employees was 34 (2023: 24).
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