REGISTERED NUMBER: 11701297 (England and Wales)

MULBERRY COMMERCIAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Abridged Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

Mr M J Hoggarth

Mrs L C Hoggarth

REGISTERED OFFICE:

Heritage House

Murton Way

Osbaldwick

York

North Yorkshire

YO19 5UW

REGISTERED NUMBER:

11701297 (England and Wales)

ACCOUNTANTS:

UHY Calvert Smith

Chartered Accountants

Heritage House

Murton Way

Osbaldwick

York

North Yorkshire

YO19 5UW

FIXED ASSETS

Tangible assets

4

410

482

Investment property

5

438,606

438,606

439,016

439,088

CURRENT ASSETS

Stocks

248,905

-

Debtors

1,190

-

Cash at bank

4,600

12,312

254,695

12,312

CREDITORS

Amounts falling due within one year

657,235

425,986

NET CURRENT LIABILITIES

(402,540

)

(413,674

)

TOTAL ASSETS LESS CURRENT LIABILITIES

36,476

25,414

PROVISIONS FOR LIABILITIES

1,852

1,871

NET ASSETS

34,624

23,543

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings - non distributable

6

5,250

5,250

Retained earnings

29,274

18,193

SHAREHOLDERS' FUNDS

34,624

23,543

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by:

Mrs L C Hoggarth - Director

1.	STATUTORY INFORMATION

Mulberry Commercial 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 as modified by the revaluation of certain assets.

Turnover

Turnover relates to property rentals, where the right to revenue exists, net of value added tax.

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 etc

-

15% on reducing balance and 10% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2024

and 30 November 2025

942

DEPRECIATION

At 1 December 2024

460

Charge for year

72

At 30 November 2025

532

NET BOOK VALUE

At 30 November 2025

410

At 30 November 2024

482

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

438,606

NET BOOK VALUE

At 30 November 2025

438,606

At 30 November 2024

438,606

Investment properties are reviewed by the directors at the end of each year and adjusted, if necessary, in line with current fair values. The revaluation was based on a comparison of similar property in a similar location and condition.

The amount credited to the Profit and Loss Account in respect of fair value adjustments in the year was £Nil (2024 : £Nil)

6.

RESERVES

The directors have elected to transfer the element of profit relating to the fair value of investment properties to a non-distributable reserve until such time as the gain is realised.

7.	RELATED PARTY DISCLOSURES

Within creditors is amount due to the directors of £651,776 (2024: £420,412).

This represents an interest free loan with no fixed repayment terms.