Acorah Software Products - Accounts Production 16.1.300 false true true 30 April 2023 1 May 2022 false 29 January 2025 1 May 2023 30 April 2024 30 April 2024 SC527557 Mr H Isaji Mrs S Isaji Mrs S Isaji Mulberry Waste Holdings Limited Sterling House, Outram's Wharf, Little Eaton, Derbyshire, United Kingdom, DE21 5EL true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC527557 2023-04-30 SC527557 2024-04-30 SC527557 2023-05-01 2024-04-30 SC527557 frs-core:CurrentFinancialInstruments 2024-04-30 SC527557 frs-core:Non-currentFinancialInstruments 2024-04-30 SC527557 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 SC527557 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC527557 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 SC527557 frs-core:PlantMachinery 2024-04-30 SC527557 frs-core:PlantMachinery 2023-05-01 2024-04-30 SC527557 frs-core:PlantMachinery 2023-04-30 SC527557 frs-core:ShareCapital 2024-04-30 SC527557 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC527557 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC527557 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SC527557 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC527557 frs-bus:Audited 2023-05-01 2024-04-30 SC527557 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC527557 1 2023-05-01 2024-04-30 SC527557 frs-bus:Director1 2023-05-01 2024-04-30 SC527557 frs-bus:Director2 2023-05-01 2024-04-30 SC527557 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 SC527557 frs-countries:Scotland 2023-05-01 2024-04-30 SC527557 2022-04-30 SC527557 2023-04-30 SC527557 2022-05-01 2023-04-30 SC527557 frs-core:CurrentFinancialInstruments 2023-04-30 SC527557 frs-core:Non-currentFinancialInstruments 2023-04-30 SC527557 frs-core:ShareCapital 2023-04-30 SC527557 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: SC527557
Mulberry Waste (Scotland) Limited
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: SC527557
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 424,756 427,423
424,756 427,423
CURRENT ASSETS
Debtors 5 62,343 238,584
Cash at bank and in hand 16,506 15,434
78,849 254,018
Creditors: Amounts Falling Due Within One Year 6 (534,943 ) (720,518 )
NET CURRENT ASSETS (LIABILITIES) (456,094 ) (466,500 )
TOTAL ASSETS LESS CURRENT LIABILITIES (31,338 ) (39,077 )
NET LIABILITIES (31,338 ) (39,077 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (31,438 ) (39,177 )
SHAREHOLDERS' FUNDS (31,338) (39,077)
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 29 January 2025 and were signed on its behalf by:
Mr H Isaji
Director
29 January 2025
The notes on pages 2 to 4 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Mulberry Waste (Scotland) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC527557 . The registered office is Bredisholm Refinery, Aitkenhead Road, Tannochside, Glasgow, G71 5PN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The accounts are prepared on the going concern basis of accounting, the validity of which is reliant on the continuing support of group companies.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2.5% straight line
Plant & Machinery 20% straight line
Freehold land is not depreciated.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.
2.6. Pensions
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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Page 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 May 2023 446,099 87,500 533,599
As at 30 April 2024 446,099 87,500 533,599
Depreciation
As at 1 May 2023 18,676 87,500 106,176
Provided during the period 2,667 - 2,667
As at 30 April 2024 21,343 87,500 108,843
Net Book Value
As at 30 April 2024 424,756 - 424,756
As at 1 May 2023 427,423 - 427,423
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 38,047 159,404
Prepayments and accrued income 19,791 19,881
VAT - 55,116
Amounts owed by group undertakings 100 100
57,938 234,501
Due after more than one year
Deferred tax current asset 4,405 4,083
62,343 238,584
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 28,938 25,401
Amounts owed to group undertakings 410,496 620,866
Other creditors 89,555 72,488
Taxation and social security 5,954 1,763
534,943 720,518
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
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9. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Mulberry Waste Holdings Limited . Mulberry Waste Holdings Limited was incorporated in England and Wales. Copies of the group accounts may be obtained from the secretary, Sterling House, Outram's Wharf, Little Eaton, Derbyshire, United Kingdom, DE21 5EL . The ultimate controlling party is Mulberry Waste Holdings Limited who controls 100% of the shares of Mulberry Waste (Scotland) Limited .
10. Audit Information
The auditor's report on the accounts of Mulberry Waste (Scotland) Limited for the year ended 30 April 2024 was unqualified.
The auditor's report was signed by Daniel Johnson FCCA (Senior Statutory Auditor) for and on behalf of Nuvo Audit Limited , Statutory Auditor.
Nuvo Audit Limited
7 Faraday Court
First Avenue
Burton Upon Trent
Staffordshire
DE14 2WX
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