REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 JANUARY 2024 |
FOR |
MULBERRY DESIGN & BUILD LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 JANUARY 2024 |
FOR |
MULBERRY DESIGN & BUILD LIMITED |
MULBERRY DESIGN & BUILD LIMITED (REGISTERED NUMBER: 06494330) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 JANUARY 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
MULBERRY DESIGN & BUILD LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 28 JANUARY 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Ground Floor |
Egerton House |
68 Baker Street |
Weybridge |
Surrey |
KT13 8AL |
MULBERRY DESIGN & BUILD LIMITED (REGISTERED NUMBER: 06494330) |
BALANCE SHEET |
28 JANUARY 2024 |
28.1.24 | 28.1.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
MULBERRY DESIGN & BUILD LIMITED (REGISTERED NUMBER: 06494330) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 JANUARY 2024 |
1. | STATUTORY INFORMATION |
Mulberry Design & Build Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Plant and machinery | - |
Computer equipment | - |
Work in progress |
Work in progress consists of properties not sold at the year end and includes costs incurred on projects that are ongoing less provision for any anticipated losses. |
Cost includes all direct expenditure and an appropriate proportion of finance costs. |
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 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 29 January 2023 |
and 28 January 2024 |
DEPRECIATION |
At 29 January 2023 |
Charge for year |
At 28 January 2024 |
NET BOOK VALUE |
At 28 January 2024 |
At 28 January 2023 |
MULBERRY DESIGN & BUILD LIMITED (REGISTERED NUMBER: 06494330) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 JANUARY 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.1.24 | 28.1.23 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.1.24 | 28.1.23 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 28.1.24 | 28.1.23 |
value: | £ | £ |
Ordinary A | £1 | 1 | 1 |
Ordinary B | £1 | 1 | 1 |
2 | 2 |
All shares rank pari passu in all respects. |
8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the years ended 28 January 2024 and 28 January 2023: |
28.1.24 | 28.1.23 |
£ | £ |
Director |
Balance outstanding at start of year | (1,025,319 | ) | (905,461 | ) |
Amounts advanced | 365,453 | (1,142,914 | ) |
Amounts repaid | (613,107 | ) | 1,023,056 |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | (1,272,973 | ) | (1,025,319 | ) |
Director |
Balance outstanding at start of year | 2,474 | 1,540 |
Amounts advanced | 35,734 | 2,306 |
Amounts repaid | - | (1,372 | ) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | 38,208 | 2,474 |
The loan from a director attracts interest at a rate of 6% per annum. |
The loan to a director attracts interest at a rate of 2.25% per annum. |
MULBERRY DESIGN & BUILD LIMITED (REGISTERED NUMBER: 06494330) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 JANUARY 2024 |
9. | GOING CONCERN |
At the balance sheet date company has net liabilities of £1,671,265 (2023 - £1,932,634). The company meets its day to day working capital requirements through loans from the directors and other related parties. |
On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustment that would result from the company not being a going concern. |