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Company Registration No. 08889811 (England and Wales)
Butlers Fine Foods & Provisions Limited Annual Report And Unaudited Accounts for the year ended 29 February 2024
Butlers Fine Foods & Provisions Limited Annual Report And Unaudited Accounts Contents
Page
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Butlers Fine Foods & Provisions Limited Company Information for the year ended 29 February 2024
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 Ltd 10 Julian Place London E14 3AT
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Butlers Fine Foods & Provisions Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
86,031 
158,729 
Current assets
Inventories
448,000 
415,500 
Debtors
2,922 
4,316 
Cash at bank and in hand
389,819 
157,811 
840,741 
577,627 
Creditors: amounts falling due within one year
(520,249)
(414,011)
Net current assets
320,492 
163,616 
Total assets less current liabilities
406,523 
322,345 
Creditors: amounts falling due after more than one year
(200,000)
(200,000)
Net assets
206,523 
122,345 
Capital and reserves
Called up share capital
200,001 
200,001 
Profit and loss account
6,522 
(77,656)
Shareholders' funds
206,523 
122,345 
For the year ending 29 February 2024 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 12 November 2024 and were signed on its behalf by
Zuhra Abdul Basir Director Company Registration No. 08889811
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Butlers Fine Foods & Provisions Limited Notes to the Accounts for the year ended 29 February 2024
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.
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Butlers Fine Foods & Provisions Limited Notes to the Accounts for the year ended 29 February 2024
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 2023
4,304 
27,039 
713,234 
15,304 
759,881 
Additions
- 
- 
- 
1,427 
1,427 
At 29 February 2024
4,304 
27,039 
713,234 
16,731 
761,308 
Depreciation
At 1 March 2023
2,688 
25,542 
559,898 
13,024 
601,152 
Charge for the year
- 
1,496 
70,745 
1,884 
74,125 
At 29 February 2024
2,688 
27,038 
630,643 
14,908 
675,277 
Net book value
At 29 February 2024
1,616 
1 
82,591 
1,823 
86,031 
At 28 February 2023
1,616 
1,497 
153,336 
2,280 
158,729 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(1,394)
- 
Other debtors
4,316 
4,316 
2,922 
4,316 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
90,060 
138,120 
Amounts owed to group undertakings and other participating interests
294,895 
238,351 
Taxes and social security
(26,663)
(82,184)
Other creditors
66,617 
21,306 
Accruals
95,340 
98,418 
520,249 
414,011 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
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 (2023 : £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
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
200,001 Ordinary shares of £1 each
200,001 
200,001 
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Butlers Fine Foods & Provisions Limited Notes to the Accounts for the year ended 29 February 2024
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 8 (2023: 9).
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