IRIS Accounts Production v24.1.9.2 11328025 director 1.5.23 30.4.24 30.4.24 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113280252023-04-30113280252024-04-30113280252023-05-012024-04-30113280252022-04-30113280252022-05-012023-04-30113280252023-04-3011328025ns15:EnglandWales2023-05-012024-04-3011328025ns14:PoundSterling2023-05-012024-04-3011328025ns10:Director12023-05-012024-04-3011328025ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3011328025ns10:SmallEntities2023-05-012024-04-3011328025ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3011328025ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3011328025ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011328025ns10:FullAccounts2023-05-012024-04-3011328025ns10:OrdinaryShareClass12023-05-012024-04-3011328025ns10:RegisteredOffice2023-05-012024-04-3011328025ns5:CurrentFinancialInstruments2024-04-3011328025ns5:CurrentFinancialInstruments2023-04-3011328025ns5:ShareCapital2024-04-3011328025ns5:ShareCapital2023-04-3011328025ns5:RetainedEarningsAccumulatedLosses2024-04-3011328025ns5:RetainedEarningsAccumulatedLosses2023-04-3011328025ns5:PlantMachinery2023-05-012024-04-3011328025ns5:FurnitureFittings2023-05-012024-04-3011328025ns5:ComputerEquipment2023-05-012024-04-3011328025ns5:PlantMachinery2023-04-3011328025ns5:FurnitureFittings2023-04-3011328025ns5:ComputerEquipment2023-04-3011328025ns5:PlantMachinery2024-04-3011328025ns5:FurnitureFittings2024-04-3011328025ns5:ComputerEquipment2024-04-3011328025ns5:PlantMachinery2023-04-3011328025ns5:FurnitureFittings2023-04-3011328025ns5:ComputerEquipment2023-04-3011328025ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3011328025ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3011328025ns10:OrdinaryShareClass12024-04-30113280251ns10:Director12023-04-30113280251ns10:Director12022-04-30113280251ns10:Director12023-05-012024-04-30113280251ns10:Director12022-05-012023-04-30113280251ns10:Director12024-04-30113280251ns10:Director12023-04-30
REGISTERED NUMBER: 11328025 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

MULBERRY LAND AND DEVELOPMENT LIMITED

MULBERRY LAND AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 11328025)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MULBERRY LAND AND DEVELOPMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: R D Roberts





REGISTERED OFFICE: The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB





REGISTERED NUMBER: 11328025 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

MULBERRY LAND AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 11328025)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,737 9,270

CURRENT ASSETS
Debtors 5 702,878 1,097,870
Cash at bank 4,755 5,839
707,633 1,103,709
CREDITORS
Amounts falling due within one year 6 70,900 394,253
NET CURRENT ASSETS 636,733 709,456
TOTAL ASSETS LESS CURRENT
LIABILITIES

644,470

718,726

PROVISIONS FOR LIABILITIES 2,000 4,500
NET ASSETS 642,470 714,226

CAPITAL AND RESERVES
Called up share capital 7 150 150
Retained earnings 642,320 714,076
SHAREHOLDERS' FUNDS 642,470 714,226

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2024 and were signed by:




R D Roberts - Director


MULBERRY LAND AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 11328025)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Mulberry Land and Development 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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

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.
Plant and machinery - 15% reducing balance
Fixtures and fittings - 15% reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3. EMPLOYEES

The average number of employees during the year was NIL (2023 - NIL).

MULBERRY LAND AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 11328025)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023
and 30 April 2024 16,353 399 2,438 19,190
DEPRECIATION
At 1 May 2023 7,556 94 2,270 9,920
Charge for year 1,320 46 167 1,533
At 30 April 2024 8,876 140 2,437 11,453
NET BOOK VALUE
At 30 April 2024 7,477 259 1 7,737
At 30 April 2023 8,797 305 168 9,270

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,200 -
Other debtors 701,678 1,097,870
702,878 1,097,870

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 900 60
Taxation and social security - 185,193
Other creditors 70,000 209,000
70,900 394,253

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
150 Ordinary £1 150 150

MULBERRY LAND AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 11328025)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
R D Roberts
Balance outstanding at start of year 609,483 374,056
Amounts advanced - 618,195
Amounts repaid (206,000 ) (382,768 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 403,483 609,483

The loan is repayable upon demand.

9. RELATED PARTY DISCLOSURES

Included within other debtors is an amount of £165,308 (2023: £354,000) owed by a company with mutual directors.