IRIS Accounts Production v24.3.0.553 08948377 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089483772023-04-30089483772024-04-30089483772023-05-012024-04-30089483772022-04-30089483772022-05-012023-04-30089483772023-04-3008948377ns15:EnglandWales2023-05-012024-04-3008948377ns14:PoundSterling2023-05-012024-04-3008948377ns10:Director12023-05-012024-04-3008948377ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3008948377ns10:SmallEntities2023-05-012024-04-3008948377ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3008948377ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3008948377ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3008948377ns10:FullAccounts2023-05-012024-04-300894837712023-05-012024-04-3008948377ns10:OrdinaryShareClass12023-05-012024-04-3008948377ns10:Director22023-05-012024-04-3008948377ns10:RegisteredOffice2023-05-012024-04-3008948377ns5:CurrentFinancialInstruments2024-04-3008948377ns5:CurrentFinancialInstruments2023-04-3008948377ns5:ShareCapital2024-04-3008948377ns5:ShareCapital2023-04-3008948377ns5:RetainedEarningsAccumulatedLosses2024-04-3008948377ns5:RetainedEarningsAccumulatedLosses2023-04-3008948377ns5:NetGoodwill2023-05-012024-04-3008948377ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3008948377ns5:FurnitureFittings2023-05-012024-04-3008948377ns5:ComputerEquipment2023-05-012024-04-3008948377ns5:NetGoodwill2023-04-3008948377ns5:NetGoodwill2024-04-3008948377ns5:NetGoodwill2023-04-3008948377ns5:FurnitureFittings2023-04-3008948377ns5:ComputerEquipment2023-04-3008948377ns5:FurnitureFittings2024-04-3008948377ns5:ComputerEquipment2024-04-3008948377ns5:FurnitureFittings2023-04-3008948377ns5:ComputerEquipment2023-04-3008948377ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3008948377ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3008948377ns5:DeferredTaxation2023-04-3008948377ns5:DeferredTaxation2024-04-3008948377ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 08948377 (England and Wales)







Unaudited Financial Statements

for the Year Ended 30 April 2024

for

R Gannon Family Butchers Limited

R Gannon Family Butchers Limited (Registered number: 08948377)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R Gannon Family Butchers Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr R Gannon
Mrs S Gannon





REGISTERED OFFICE: The Tower
The Maltings
Hoe Lane
Ware
Hertfordshire
SG12 9LR





REGISTERED NUMBER: 08948377 (England and Wales)





ACCOUNTANTS: DSCO
The Tower
The Maltings
Hoe Lane
Ware
Hertfordshire
SG12 9LR

R Gannon Family Butchers Limited (Registered number: 08948377)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 4,000
Tangible assets 5 477 725
477 4,725

CURRENT ASSETS
Stocks 2,700 2,600
Debtors 6 1,675 1,388
Cash at bank and in hand 47,044 78,825
51,419 82,813
CREDITORS
Amounts falling due within one year 7 12,470 51,287
NET CURRENT ASSETS 38,949 31,526
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,426

36,251

PROVISIONS FOR LIABILITIES 8 91 138
NET ASSETS 39,335 36,113

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 39,235 36,013
SHAREHOLDERS' FUNDS 39,335 36,113

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 Gannon Family Butchers Limited (Registered number: 08948377)

Balance Sheet - continued
30 April 2024


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

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 and authorised for issue on 18 October 2024 and were signed on its behalf by:





Mrs S Gannon - Director


R Gannon Family Butchers Limited (Registered number: 08948377)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

R Gannon Family Butchers 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

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

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 4 (2023 - 4 ) .

R Gannon Family Butchers Limited (Registered number: 08948377)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 40,000
AMORTISATION
At 1 May 2023 36,000
Amortisation for year 4,000
At 30 April 2024 40,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 4,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 558 1,057 1,615
DEPRECIATION
At 1 May 2023 112 778 890
Charge for year 111 137 248
At 30 April 2024 223 915 1,138
NET BOOK VALUE
At 30 April 2024 335 142 477
At 30 April 2023 446 279 725

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 1,675 1,388

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 892 5,572
Taxation and social security 8,448 5,681
Other creditors 3,130 40,034
12,470 51,287

R Gannon Family Butchers Limited (Registered number: 08948377)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax 91 138

Deferred
tax
£   
Balance at 1 May 2023 138
Accelerated Capital Allowance (47 )
Balance at 30 April 2024 91

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The directors of the company have ultimate control.