Registration number: 07497157

Berry Financial Management Ltd

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 9

Berry Financial Management Ltd

Company Information

Director

Mr Marcus Berry

Registered office

92 Causeway Side Linthwaite Huddersfield HD7 5NW

Accountants

Simple Taxes Ltd Chartered Certified AccountantsPiccadilly Business Centre Unit C Aldow Enterprise Park Manchester Greater Manchester M12 6AE

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Berry Financial Management Ltd
for the Year Ended 30 April 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Berry Financial Management Ltd for the year ended 30 April 2026 as set out on pages 3 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Berry Financial Management Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Berry Financial Management Ltd and state those matters that we have agreed to state to the Board of Directors of Berry Financial Management Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Berry Financial Management Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Berry Financial Management Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Berry Financial Management Ltd. You consider that Berry Financial Management Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Berry Financial Management Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Simple Taxes Ltd
Chartered Certified Accountants
Piccadilly Business Centre
Unit C Aldow Enterprise Park
Manchester
Greater Manchester
M12 6AE

12 June 2026

Berry Financial Management Ltd

(Registration number: 07497157)
Balance Sheet as at 30 April 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	115,336	140,823
Tangible assets	5	6,304	4,651
		121,640	145,474
Current assets
Debtors	6	32,057	32,446
Cash at bank and in hand		4,731	19,819
		36,788	52,265
Creditors: Amounts falling due within one year	7	(47,014)	(36,509)
Net current (liabilities)/assets		(10,226)	15,756
Total assets less current liabilities		111,414	161,230
Creditors: Amounts falling due after more than one year	7	(57,607)	(109,179)
Provisions for liabilities		(1,198)	(884)
Net assets		52,609	51,167
Capital and reserves
Called up share capital		70	70
Capital redemption reserve		30	30
Retained earnings		52,509	51,067
Shareholders' funds		52,609	51,167

For the financial year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 12 June 2026
 

Berry Financial Management Ltd

(Registration number: 07497157)
Balance Sheet as at 30 April 2026

......................................... Mr Marcus Berry Director

Berry Financial Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
92 Causeway Side
Linthwaite
Huddersfield
HD7 5NW

These financial statements were authorised for issue by the director on 12 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Berry Financial Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

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 incmoe 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures & fittings	25% reducing balance

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, 2014, 2018 and 2023, is being amortised evenly over its estimated useful life of ten years.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Berry Financial Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

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	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2025 - 3).

Berry Financial Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 May 2025	291,126	291,126
At 30 April 2026	291,126	291,126
Amortisation
At 1 May 2025	150,303	150,303
Amortisation charge	25,487	25,487
At 30 April 2026	175,790	175,790
Carrying amount
At 30 April 2026	115,336	115,336
At 30 April 2025	140,823	140,823

5	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 May 2025	15,909	15,909
Additions	3,754	3,754
At 30 April 2026	19,663	19,663
Depreciation
At 1 May 2025	11,258	11,258
Charge for the year	2,101	2,101
At 30 April 2026	13,359	13,359
Carrying amount
At 30 April 2026	6,304	6,304
At 30 April 2025	4,651	4,651

6

Debtors

Berry Financial Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

Current	2026 £	2025 £
Trade debtors	32,057	28,382
Prepayments	-	4,064
	32,057	32,446

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	37,604	32,798
Accruals and deferred income	5,600	2,753
Other creditors	3,810	958
	47,014	36,509

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings		57,607	109,179