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REGISTERED NUMBER: 06323342 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

R G BUTTON LIMITED

R G BUTTON LIMITED (REGISTERED NUMBER: 06323342)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


R G BUTTON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: R G BUTTON
MRS F BUTTON





SECRETARY: MRS F BUTTON





REGISTERED OFFICE: 3 LENT GREEN LANE
BURNHAM
SLOUGH
BUCKINGHAMSHIRE
SL1 7AS





REGISTERED NUMBER: 06323342 (England and Wales)





ACCOUNTANTS: ELAINE PLEACE ASSOCIATES
THAMES COTTAGE
OLD MILL LANE
BRAY
BERKSHIRE
SL6 2BD

R G BUTTON LIMITED (REGISTERED NUMBER: 06323342)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 JULY 2023

The directors present their report with the financial statements of the company for the year ended 31 July 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of

DIRECTORS
The directors shown below have held office during the whole of the period from 1 August 2022 to the date of this report.

R G BUTTON
MRS F BUTTON

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





R G BUTTON - Director


26 September 2023

R G BUTTON LIMITED (REGISTERED NUMBER: 06323342)

INCOME STATEMENT
FOR THE YEAR ENDED 31 JULY 2023

31.7.23 31.7.22
Notes £    £    £    £   

TURNOVER 72,588 53,857

Cost of sales 7,099 11,631
GROSS PROFIT 65,489 42,226

Distribution costs 18,208 15,880
Administrative expenses 13,768 6,619
31,976 22,499
OPERATING PROFIT 4 33,513 19,727

Interest receivable and similar income 3,624 917
PROFIT BEFORE TAXATION 37,137 20,644

Tax on profit 6,593 5,181
PROFIT FOR THE FINANCIAL YEAR 30,544 15,463

R G BUTTON LIMITED (REGISTERED NUMBER: 06323342)

BALANCE SHEET
31 JULY 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 491 577
Investment property 6 166,500 166,500
166,991 167,077

CURRENT ASSETS
Debtors 7 13,657 8,661
Cash at bank 250,807 222,463
264,464 231,124
CREDITORS
Amounts falling due within one year 8 19,274 8,564
NET CURRENT ASSETS 245,190 222,560
TOTAL ASSETS LESS CURRENT
LIABILITIES

412,181

389,637

PROVISIONS FOR LIABILITIES 4,754 4,754
NET ASSETS 407,427 384,883

CAPITAL AND RESERVES
Called up share capital 4 4
Revaluation reserve 9 20,232 20,232
Retained earnings 387,191 364,647
407,427 384,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

R G BUTTON LIMITED (REGISTERED NUMBER: 06323342)

BALANCE SHEET - continued
31 JULY 2023


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

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2023 and were signed on its behalf by:





R G BUTTON - Director


R G BUTTON LIMITED (REGISTERED NUMBER: 06323342)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

R G BUTTON 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.

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

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

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

R G BUTTON LIMITED (REGISTERED NUMBER: 06323342)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

4. OPERATING PROFIT

The operating profit is stated after charging:

31.7.23 31.7.22
£    £   
Depreciation - owned assets 86 102

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 2,916
DEPRECIATION
At 1 August 2022 2,339
Charge for year 86
At 31 July 2023 2,425
NET BOOK VALUE
At 31 July 2023 491
At 31 July 2022 577

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 166,500
NET BOOK VALUE
At 31 July 2023 166,500
At 31 July 2022 166,500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 13,657 8,661

R G BUTTON LIMITED (REGISTERED NUMBER: 06323342)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors - (1 )
Taxation and social security 6,747 4,561
Other creditors 12,527 4,004
19,274 8,564

9. RESERVES
Revaluation
reserve
£   
At 1 August 2022
and 31 July 2023 20,232