Mulberry House Care Homes Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04524874 (England and Wales)

Unaudited Financial Statements

for the Year Ended 29 March 2025

for

Mulberry House Care Homes Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

22,163

18,063

CURRENT ASSETS

Debtors

5

44,375

79,220

Cash at bank and in hand

207,620

159,282

251,995

238,502

CREDITORS

Amounts falling due within one year

6

108,344

159,240

NET CURRENT ASSETS

143,651

79,262

TOTAL ASSETS LESS CURRENT LIABILITIES

165,814

97,325

CREDITORS

Amounts falling due after more than one year

7

(7,041

)

(17,371

)

PROVISIONS FOR LIABILITIES

(2,020

)

(2,317

)

NET ASSETS

156,753

77,637

CAPITAL AND RESERVES

Called up share capital

8

105

100

Retained earnings

156,648

77,537

SHAREHOLDERS' FUNDS

156,753

77,637

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 March 2025 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors and authorised for issue on 15 October 2025 and were signed on its behalf by:

Mr P E Mcvay - Director

1.	STATUTORY INFORMATION

Mulberry House Care Homes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04524874

Registered office:

The Cabin

234 Eccleshall Road

Stafford

Staffordshire

ST16 1JH

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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.

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 21 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

COST

At 30 March 2024

14,075

2,975

18,808

4,318

40,176

Additions

8,760

-

2,853

11,613

Disposals

-

(10,990

)

(1,974

)

(12,964

)

At 29 March 2025

22,835

2,975

7,818

5,197

38,825

DEPRECIATION

At 30 March 2024

4,224

1,455

12,516

3,918

22,113

Charge for year

2,284

380

752

813

4,229

Eliminated on disposal

-

(7,706

)

(1,974

)

(9,680

)

At 29 March 2025

6,508

1,835

5,562

2,757

16,662

NET BOOK VALUE

At 29 March 2025

16,327

1,140

2,256

2,440

22,163

At 29 March 2024

9,851

1,520

6,292

400

18,063

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

3,629

74,945

Amounts owed by group undertakings

36,984

-

Other debtors

3,762

4,275

44,375

79,220

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

10,330

10,075

Trade creditors

19,274

19,887

Amounts owed to group undertakings

23,254

74,850

Taxation and social security

49,662

24,197

Other creditors

5,824

30,231

108,344

159,240

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans

7,041

17,371

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

NIL

Ordinary

£1

-

(2024 - 100 )

10,000

Ordinary.

1p

100

526

A Ordinary

1p

5

-

105

100

The following shares were issued during the year for cash at par :

526 A Ordinary shares of 1p

9.	OTHER FINANCIAL COMMITMENTS

The company has commitments relating to leases not included on the balance sheet of £22,160 (2024:£30,491) which are to end July 2027.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is AKPM Holdings Limited.

11.	CHANGES IN ACCOUNTING ESTIMATES

During the year to 29 March 2025, Mulberry House Care Homes Limited changed the method of depreciating its fixtures and fittings and computer equipment from 25% on a reducing balance basis, and three year straight line basis, to four years on a straight-line basis. This revised method better reflects the entity’s consumption of the assets over their useful lives, and is consistent with the entity’s replacement cycle.

These changes in depreciation methods are changes in accounting estimates and have been accounted for in the period of the change (i.e. in the current year) and in subsequent periods.