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REGISTERED NUMBER: 01690384 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

A.K. BUTCHER TRANSPORT LIMITED

A.K. BUTCHER TRANSPORT LIMITED (REGISTERED NUMBER: 01690384)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.K. BUTCHER TRANSPORT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: K Butcher
Mrs S Butcher





REGISTERED OFFICE: Old Bank
The Triangle
Paulton
Bristol
BS39 7LE





REGISTERED NUMBER: 01690384 (England and Wales)





ACCOUNTANTS: Peregrine
Chartered Accountants
Old Bank
The Triangle
Paulton
Bristol
BS39 7LE

A.K. BUTCHER TRANSPORT LIMITED (REGISTERED NUMBER: 01690384)

BALANCE SHEET
30 JUNE 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 973,345 769,358

CURRENT ASSETS
Stocks 5 14,383 6,333
Debtors 6 872,537 577,632
Cash at bank and in hand 1,041,289 967,967
1,928,209 1,551,932
CREDITORS
Amounts falling due within one year 7 533,798 646,308
NET CURRENT ASSETS 1,394,411 905,624
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,367,756

1,674,982

PROVISIONS FOR LIABILITIES 184,936 146,463
NET ASSETS 2,182,820 1,528,519

CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve 8 72 72
Retained earnings 8 2,182,648 1,528,347
SHAREHOLDERS' FUNDS 2,182,820 1,528,519

A.K. BUTCHER TRANSPORT LIMITED (REGISTERED NUMBER: 01690384)

BALANCE SHEET - continued
30 JUNE 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 8 January 2025 and were signed on its behalf by:




K Butcher - Director



Mrs S Butcher - Director


A.K. BUTCHER TRANSPORT LIMITED (REGISTERED NUMBER: 01690384)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

A.K. Butcher Transport 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 represents net invoiced sales of goods & services, exclusive of VAT. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced.

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

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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 33 ) .

A.K. BUTCHER TRANSPORT LIMITED (REGISTERED NUMBER: 01690384)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor
property machinery Vehicles Totals
£    £    £    £   
COST
At 1 July 2023 - 48,325 1,201,565 1,249,890
Additions 27,750 - 498,646 526,396
Disposals - - (112,750 ) (112,750 )
At 30 June 2024 27,750 48,325 1,587,461 1,663,536
DEPRECIATION
At 1 July 2023 - 38,264 442,268 480,532
Charge for year 4,163 602 291,944 296,709
Eliminated on disposal - - (87,050 ) (87,050 )
At 30 June 2024 4,163 38,866 647,162 690,191
NET BOOK VALUE
At 30 June 2024 23,587 9,459 940,299 973,345
At 30 June 2023 - 10,061 759,297 769,358

5. STOCKS
2024 2023
as restated
£    £   
Stocks 14,383 6,333

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 517,623 402,773
Amounts recoverable on contract 28,791 162,812
Other debtors 326,123 12,047
872,537 577,632

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade creditors 93,206 94,685
Taxation and social security 349,433 295,741
Other creditors 91,159 255,882
533,798 646,308

A.K. BUTCHER TRANSPORT LIMITED (REGISTERED NUMBER: 01690384)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 July 2023 1,627,807 72 1,627,879
Prior year adjustment (99,460 ) (99,460 )
1,528,347 1,528,419
Profit for the year 769,311 769,311
Dividends (115,010 ) (115,010 )
At 30 June 2024 2,182,648 72 2,182,720