1 March 2022 false Taxfiler 2023.10.1 08889811business:PrivateLimitedCompanyLtd2022-03-012023-02-28 088898112022-02-28 088898112022-03-012023-02-28 08889811business:AuditExemptWithAccountantsReport2022-03-012023-02-28 08889811business:FilletedAccounts2022-03-012023-02-28 088898112023-02-28 08889811business:Director12022-03-012023-02-28 08889811business:Director22022-03-012023-02-28 08889811business:RegisteredOffice2022-03-012023-02-28 088898112022-02-28 08889811core:WithinOneYear2023-02-28 08889811core:WithinOneYear2022-02-28 08889811core:AfterOneYear2023-02-28 08889811core:AfterOneYear2022-02-28 08889811core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 08889811core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 08889811core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 08889811core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 08889811core:PreviouslyStatedAmount2023-02-28 08889811core:PreviouslyStatedAmount2022-02-28 08889811business:SmallEntities2022-03-012023-02-28 08889811countries:EnglandWales2022-03-012023-02-28 08889811core:LandBuildings2022-03-012023-02-28 08889811core:MotorVehicles2022-03-012023-02-28 08889811core:FurnitureFittings2022-03-012023-02-28 08889811core:ComputerEquipment2022-03-012023-02-28 08889811core:LandBuildings2022-02-28 08889811core:MotorVehicles2022-02-28 08889811core:FurnitureFittings2022-02-28 08889811core:ComputerEquipment2022-02-28 08889811core:LandBuildings2023-02-28 08889811core:MotorVehicles2023-02-28 08889811core:FurnitureFittings2023-02-28 08889811core:ComputerEquipment2023-02-28 08889811core:AfterOneYear2022-03-012023-02-28 08889811business:OrdinaryShareClass12022-03-012023-02-28 08889811business:OrdinaryShareClass12021-03-012022-02-28 088898112021-03-012022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08889811 (England and Wales)
Butlers Fine Foods & Provisions Limited Annual Report And Unaudited Accounts for the year ended 28 February 2023
Butlers Fine Foods & Provisions Limited Annual Report And Unaudited Accounts Contents
Page
- 2 -
Butlers Fine Foods & Provisions Limited Company Information for the year ended 28 February 2023
Directors
Zuhra Abdul Basir Jamshid Doniyorov
Company Number
08889811 (England and Wales)
Registered Office
9 Olympic Way Wembley Middlesex HA9 0NP England
Accountants
Anthony Daniel Associates 10 Julian Place London E14 3AT
- 3 -
Butlers Fine Foods & Provisions Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
158,729 
235,921 
Current assets
Inventories
415,500 
370,500 
Debtors
4,316 
6,766 
Cash at bank and in hand
157,811 
220,880 
577,627 
598,146 
Creditors: amounts falling due within one year
(414,011)
(586,376)
Net current assets
163,616 
11,770 
Total assets less current liabilities
322,345 
247,691 
Creditors: amounts falling due after more than one year
(200,000)
(200,000)
Net assets
122,345 
47,691 
Capital and reserves
Called up share capital
200,001 
200,001 
Profit and loss account
(77,656)
(152,310)
Shareholders' funds
122,345 
47,691 
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by
Zuhra Abdul Basir Director Company Registration No. 08889811
- 4 -
Butlers Fine Foods & Provisions Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Butlers Fine Foods & Provisions Limited is a private company, limited by shares, registered in England and Wales, registration number 08889811. The registered office is 9 Olympic Way, Wembley, Middlesex, HA9 0NP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over leasehold period
Motor vehicles
20% on straight line
Fixtures & fittings
20% on straight line
Computer equipment
20% on straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Butlers Fine Foods & Provisions Limited Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2022
4,304 
27,039 
713,234 
15,304 
759,881 
At 28 February 2023
4,304 
27,039 
713,234 
15,304 
759,881 
Depreciation
At 1 March 2022
2,258 
21,951 
489,281 
10,470 
523,960 
Charge for the year
430 
3,591 
70,617 
2,554 
77,192 
At 28 February 2023
2,688 
25,542 
559,898 
13,024 
601,152 
Net book value
At 28 February 2023
1,616 
1,497 
153,336 
2,280 
158,729 
At 28 February 2022
2,046 
5,088 
223,953 
4,834 
235,921 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
2,450 
Other debtors
4,316 
4,316 
4,316 
6,766 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
138,120 
144,922 
Amounts owed to group undertakings and other participating interests
238,351 
397,383 
Taxes and social security
(82,184)
(19,924)
Other creditors
21,306 
23,656 
Loans from directors
- 
(50,895)
Accruals
98,418 
91,234 
414,011 
586,376 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
200,000 
200,000 
Included in amounts falling due after more than one year is director, Mr. Jamshid Doniyorov's loan of £200,000 (2022 : £200,000), which is payable at the end of five year terms. The loan is unsecured and subordinated in favour of third party creditors.
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
200,001 Ordinary shares of £1 each
200,001 
200,001 
- 6 -
Butlers Fine Foods & Provisions Limited Notes to the Accounts for the year ended 28 February 2023
9
Controlling party
The ultimate controlling party is Miss. Zuhra Abdul Basir, who is the director and holds one hundred percent of the company shares.
10
Average number of employees
During the year the average number of employees was 9 (2022: 10).
- 7 -