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REGISTERED NUMBER: 06829395 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

LITTLERS BUTCHERS LIMITED

LITTLERS BUTCHERS LIMITED (REGISTERED NUMBER: 06829395)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LITTLERS BUTCHERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: Mr D Shepherd
Mrs S J Shepherd
Mr O V Shepherd
Mr H S Shepherd
Mr D M Geoghegan Shaw





REGISTERED OFFICE: 47-49 Mere Lane
Sandiway
Northwich
Cheshire
CW8 2NR





REGISTERED NUMBER: 06829395 (England and Wales)

LITTLERS BUTCHERS LIMITED (REGISTERED NUMBER: 06829395)

BALANCE SHEET
31 MARCH 2018

31/3/18 31/3/17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 149,750 163,125
Tangible assets 5 60,383 51,082
210,133 214,207

CURRENT ASSETS
Stocks 19,854 20,672
Debtors 6 38,241 38,739
Cash in hand 7,588 14,201
65,683 73,612
CREDITORS
Amounts falling due within one year 7 173,716 175,985
NET CURRENT LIABILITIES (108,033 ) (102,373 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,100

111,834

CREDITORS
Amounts falling due after more than one
year

8

(71,501

)

(87,048

)

PROVISIONS FOR LIABILITIES 10 (6,594 ) (4,642 )
NET ASSETS 24,005 20,144

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 24,003 20,142
SHAREHOLDERS' FUNDS 24,005 20,144

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

LITTLERS BUTCHERS LIMITED (REGISTERED NUMBER: 06829395)

BALANCE SHEET - continued
31 MARCH 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 28 September 2018 and were signed on
its behalf by:





Mrs S J Shepherd - Director


LITTLERS BUTCHERS LIMITED (REGISTERED NUMBER: 06829395)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

Littlers Butchers Ltd "the Company" 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.

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A ''Small
Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK
and Republic of Ireland'' 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.

The turnover is recognised in the accounts as goods are dispatched to the customer.

Goodwill
Goodwill, being the amounts paid in connection with the acquisitions of businesses in 2009 and 2013,
are being amortised evenly over their estimated useful lives of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

LITTLERS BUTCHERS LIMITED (REGISTERED NUMBER: 06829395)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


2. ACCOUNTING POLICIES - continued

Financial instruments
FINANCIAL ASSETS

Trade, group and other debtors
Trade, group and other debtors (including accrued income) which are receivable within one year and
which do not constitute a financing transaction are initially measured at the transaction price and
subsequently measured at amortised cost, being the transaction price less any amounts settled and
any impairment losses.

A provision for impairment of trade debtors is established where there is objective evidence that the
amounts due will not be collected according to the original terms of the contract. Impairment losses
are recognised in profit or loss for the excess of the carrying value of the trade debtor over the present
value of the future cash flows discounted using the original effective interest rate. Subsequent
reversals of an impairment loss that objectively relate to an event occurring after the impairment loss
was recognised, are recognised immediately in profit or loss.

FINANCIAL LIABILITIES

Trade, group and other creditors
Trade, group and other creditors (including accruals) payable within one year that do not constitute a
financing transaction are initially measured at the transaction price and subsequently measured at
amortised cost, being transaction price less any amounts settled.

Derecognition of financial assets and liabilities
A financial asset is only derecognised when the contractual rights to cash flows expire or are settled, or
substantially all the risks and rewards of ownership are transferred to another party, or if some
significant risks and rewards of ownership are retained but control of the asset has transferred to
another party that is able to sell the asset in its entirety to an unrelated third party. A financial liability
(or part thereof) is derecognised when the obligation specified in the contract is discharged, cancelled
or expires.

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 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.

LITTLERS BUTCHERS LIMITED (REGISTERED NUMBER: 06829395)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
The company as a lessee - Operating Leases
All leases are operating leases and annual rentals are charged to profit or loss on a straight-line basis
over the lease term.

Rent free periods or other incentives received for entering into an operating lease are accounted for as
a reduction to the expense and are recognised on a straight-line basis over the lease term.

The Company as a lessee - Finance Leases
An asset and corresponding liability are recognised for leasing agreements that transfer to the
Company substantially all of the risk and rewards incidental to ownership ("finance leases"). The
amount capitalised is the fair value of the leased asset or, if lower, the present value of the minimum
lease payments payable during the lease term, both determined at inception of the lease. Lease
payments are treated as consisting of capital and interest elements. The interest is charged to profit or
loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Employee benefits
Employees are entitled to carry forward any unused holiday entitlement at the balance sheet date. The
cost of any unused entitlement is recognised in the period in which the employees' services are
received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2017 - 17 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 267,500
AMORTISATION
At 1 April 2017 104,375
Charge for year 13,375
At 31 March 2018 117,750
NET BOOK VALUE
At 31 March 2018 149,750
At 31 March 2017 163,125

LITTLERS BUTCHERS LIMITED (REGISTERED NUMBER: 06829395)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2017 21,275 65,591 13,247 47,064 147,177
Additions - 8,903 - 12,795 21,698
At 31 March 2018 21,275 74,494 13,247 59,859 168,875
DEPRECIATION
At 1 April 2017 - 54,272 8,439 33,384 96,095
Charge for year - 5,056 721 6,620 12,397
At 31 March 2018 - 59,328 9,160 40,004 108,492
NET BOOK VALUE
At 31 March 2018 21,275 15,166 4,087 19,855 60,383
At 31 March 2017 21,275 11,319 4,808 13,680 51,082

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
Additions 8,903 12,795 21,698
At 31 March 2018 8,903 12,795 21,698
DEPRECIATION
Charge for year 2,226 3,199 5,425
At 31 March 2018 2,226 3,199 5,425
NET BOOK VALUE
At 31 March 2018 6,677 9,596 16,273

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/18 31/3/17
£    £   
Trade debtors 38,177 38,445
Prepayments 64 294
38,241 38,739

LITTLERS BUTCHERS LIMITED (REGISTERED NUMBER: 06829395)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/18 31/3/17
£    £   
Bank loans and overdrafts 48,480 46,854
Loan account Tarporley - 3,698
Hire purchase contracts (see note 9) 11,352 6,687
Trade creditors 95,165 96,409
Taxation 3,671 4,004
PAYE/NIC control account 7,647 5,574
VAT 340 333
Credit card account 2,328 796
Directors' current accounts 800 8,156
Accrued expenses 3,933 3,474
173,716 175,985

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/18 31/3/17
£    £   
Hire purchase contracts (see note 9) 11,501 7,048
Directors' loan accounts 60,000 80,000
71,501 87,048

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31/3/18 31/3/17
£    £   
Net obligations repayable:
Within one year 11,352 6,687
Between one and five years 11,501 7,048
22,853 13,735

Non-cancellable
operating leases
31/3/18 31/3/17
£    £   
Within one year 480 240
Between one and five years 240 360
720 600

10. PROVISIONS FOR LIABILITIES
31/3/18 31/3/17
£    £   
Deferred tax 6,594 4,642

LITTLERS BUTCHERS LIMITED (REGISTERED NUMBER: 06829395)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2017 4,642
Provided during year 1,952
Accelerated capital allowances
Balance at 31 March 2018 6,594

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £20,000 were paid to the directors .

At 31 March 2018 the Company owed £800 to a director. No interest has been charged to the
Company in respect of this loan which is repayable on demand and classified in creditors due within
one year.