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REGISTERED NUMBER: 04915987 (England and Wales)
















HAYWARDS BUTCHERS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






HAYWARDS BUTCHERS LIMITED (REGISTERED NUMBER: 04915987)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAYWARDS BUTCHERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: S D Hayward
M Cable





SECRETARY: M Cable





REGISTERED OFFICE: 2 Lakeview Stables
Lower St Clere
Kemsing
Sevenoaks
Kent
TN15 6NL





REGISTERED NUMBER: 04915987 (England and Wales)





ACCOUNTANTS: Lakeview Southern Limited
Chartered Accountants
2 Lakeview Stables
Lower St. Clere
Kemsing
Sevenoaks
Kent
TN15 6NL

HAYWARDS BUTCHERS LIMITED (REGISTERED NUMBER: 04915987)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 4,486
Tangible assets 5 141,010 155,131
141,010 159,617

CURRENT ASSETS
Stocks 16,518 11,385
Debtors 6 9,491 5,801
Cash at bank and in hand 36,999 24,539
63,008 41,725
CREDITORS
Amounts falling due within one year 7 145,927 145,446
NET CURRENT LIABILITIES (82,919 ) (103,721 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,091

55,896

CREDITORS
Amounts falling due after more than one year 8 (10,000 ) (20,000 )

PROVISIONS FOR LIABILITIES (35,252 ) (29,311 )
NET ASSETS 12,839 6,585

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 12,739 6,485
SHAREHOLDERS' FUNDS 12,839 6,585

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

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

HAYWARDS BUTCHERS LIMITED (REGISTERED NUMBER: 04915987)

BALANCE SHEET - continued
31 JULY 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 9 October 2024 and were signed on its behalf by:





S D Hayward - Director


HAYWARDS BUTCHERS LIMITED (REGISTERED NUMBER: 04915987)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Haywards 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 2004, is being amortised evenly over its estimated useful life of twenty 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.
Short leasehold - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures & fittings - 25% 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.

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.


HAYWARDS BUTCHERS LIMITED (REGISTERED NUMBER: 04915987)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 89,511
AMORTISATION
At 1 August 2023 85,025
Charge for year 4,486
At 31 July 2024 89,511
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 4,486

HAYWARDS BUTCHERS LIMITED (REGISTERED NUMBER: 04915987)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


5. TANGIBLE FIXED ASSETS
Short Plant and Fixtures
leasehold machinery & fittings
£    £    £   
COST
At 1 August 2023 2,750 385,196 22,637
Additions - 2,608 178
Disposals - - -
At 31 July 2024 2,750 387,804 22,815
DEPRECIATION
At 1 August 2023 1,045 246,968 20,918
Charge for year 55 34,938 474
Eliminated on disposal - - -
At 31 July 2024 1,100 281,906 21,392
NET BOOK VALUE
At 31 July 2024 1,650 105,898 1,423
At 31 July 2023 1,705 138,228 1,719

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023 76,635 11,953 499,171
Additions 27,478 - 30,264
Disposals (11,350 ) - (11,350 )
At 31 July 2024 92,763 11,953 518,085
DEPRECIATION
At 1 August 2023 68,318 6,791 344,040
Charge for year 6,111 1,291 42,869
Eliminated on disposal (9,834 ) - (9,834 )
At 31 July 2024 64,595 8,082 377,075
NET BOOK VALUE
At 31 July 2024 28,168 3,871 141,010
At 31 July 2023 8,317 5,162 155,131

HAYWARDS BUTCHERS LIMITED (REGISTERED NUMBER: 04915987)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 4,219 -
Other debtors 5,272 5,801
9,491 5,801

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 10,839 13,934
Taxation and social security 31,329 26,572
Other creditors 93,759 94,940
145,927 145,446

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 10,000 20,000

9. RELATED PARTY DISCLOSURES

At the year end the company owed the director £27,599 (2023: £32).

Also at the year end the company owed £30,635 to Haywards Farmshop Ltd (2023: £42,305), a company in which the directors have a common interest.

Also at the year end the company owed £42,653 to Haywards Catering Ltd (2023: £50,643), a company in which the directors have a common interest.

10. CONTROL OF THE COMPANY

The Company is under the control of the Directors, who are also the shareholders.