Company registration number 6828641 (England and Wales)
MULBERRY WEALTH MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
MULBERRY WEALTH MANAGEMENT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
MULBERRY WEALTH MANAGEMENT LIMITED
BALANCE SHEET
AS AT 31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
21,353
38,557
Current assets
Debtors
4
57,556
60,636
Cash at bank and in hand
524,996
421,938
582,552
482,574
Creditors: amounts falling due within one year
5
(237,086)
(218,866)
Net current assets
345,466
263,708
Total assets less current liabilities
366,819
302,265
Provisions for liabilities
(4,824)
(8,252)
Net assets
361,995
294,013
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
361,895
293,913
Total equity
361,995
294,013

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements. true

The financial statements were approved by the board of directors and authorised for issue on 13 May 2026 and are signed on its behalf by:
Mr P J Payne
Director
Company registration number 6828641 (England and Wales)
MULBERRY WEALTH MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

Mulberry Wealth Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 366 & 368 Cyncoed Road, Cardiff, UK, CF23 6SA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings
Over the life of the lease
Plant and equipment
10% on cost
Fixtures and fittings
20% on cost

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.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

MULBERRY WEALTH MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
0
3
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 April 2025 and 31 March 2026
33,302
164,811
198,113
Depreciation and impairment
At 1 April 2025
27,909
131,647
159,556
Depreciation charged in the year
3,330
13,874
17,204
At 31 March 2026
31,239
145,521
176,760
Carrying amount
At 31 March 2026
2,063
19,290
21,353
At 31 March 2025
5,393
33,164
38,557
MULBERRY WEALTH MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Gross amounts owed by contract customers
5,000
5,000
Amounts owed by group undertakings
37,736
37,736
Prepayments and accrued income
14,820
17,900
57,556
60,636
5
Creditors: amounts falling due within one year
2026
2025
£
£
Amounts owed to group undertakings
140,346
96,328
Corporation tax
43,920
19,838
Other creditors
52,820
102,700
237,086
218,866
6
Related party transactions

Transactions with holding company

Amount due to holding company at the balance sheet date £140,346 (2025 - £96,328 )

The company paid dividends to the holding company of £50,000 (2025 - £NIL)

The company incurred management charges of £60,000 (2025 - £60,000)

Transactions with Mulberry Wealth Client Services Limited (a company under common control)

Amount due from Mulberry Wealth Client Services Limited at balance sheet date £37,736 (2025 - £37,736 )

The company incurred management charges of £180,000 (2025 - £158,518 )

2026-03-31 2025-04-01 false false false 13 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr Mark Morris Mr Philip Payne Mr Richard Bevington 6828641 2025-04-01 2026-03-31 6828641 2026-03-31 6828641 2025-03-31 6828641 core:LandBuildings 2026-03-31 6828641 core:OtherPropertyPlantEquipment 2026-03-31 6828641 core:LandBuildings 2025-03-31 6828641 core:OtherPropertyPlantEquipment 2025-03-31 6828641 core:WithinOneYear 2026-03-31 6828641 core:WithinOneYear 2025-03-31 6828641 core:CurrentFinancialInstruments 2026-03-31 6828641 core:CurrentFinancialInstruments 2025-03-31 6828641 core:ShareCapital 2026-03-31 6828641 core:ShareCapital 2025-03-31 6828641 core:RetainedEarningsAccumulatedLosses 2026-03-31 6828641 core:RetainedEarningsAccumulatedLosses 2025-03-31 6828641 bus:Director2 2025-04-01 2026-03-31 6828641 core:LandBuildings core:LongLeaseholdAssets 2025-04-01 2026-03-31 6828641 core:PlantMachinery 2025-04-01 2026-03-31 6828641 core:FurnitureFittings 2025-04-01 2026-03-31 6828641 2024-04-01 2025-03-31 6828641 core:LandBuildings 2025-03-31 6828641 core:OtherPropertyPlantEquipment 2025-03-31 6828641 2025-03-31 6828641 core:LandBuildings 2025-04-01 2026-03-31 6828641 core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 6828641 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 6828641 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 6828641 bus:FRS102 2025-04-01 2026-03-31 6828641 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 6828641 bus:Director1 2025-04-01 2026-03-31 6828641 bus:Director3 2025-04-01 2026-03-31 6828641 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP