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REGISTERED NUMBER: 03154412 (England and Wales)















Bull & Young Quality Butchers Limited

Unaudited Financial Statements for the Year Ended 30 April 2024






Bull & Young Quality Butchers Limited (Registered number: 03154412)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Bull & Young Quality Butchers Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: P Bull





SECRETARY: Mrs K Bull





REGISTERED OFFICE: 32 Queens Road
Nuneaton
Warwickshire
CV11 5JU





REGISTERED NUMBER: 03154412 (England and Wales)





ACCOUNTANTS: D & S Plumb Accountants Limited
19 A/B Blackwell Bus. Park
Blackwell
Shipston-on-Stour
Warwickshire
CV36 4PE

Bull & Young Quality Butchers Limited (Registered number: 03154412)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,754 15,533

CURRENT ASSETS
Stocks 3,660 2,427
Debtors 5 6,350 6,397
Cash at bank and in hand 24,364 44,786
34,374 53,610
CREDITORS
Amounts falling due within one year 6 46,179 67,731
NET CURRENT LIABILITIES (11,805 ) (14,121 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,949

1,412

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 949 412
SHAREHOLDERS' FUNDS 1,949 1,412

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 director acknowledges his 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 director and authorised for issue on 12 January 2025 and were signed by:





P Bull - Director


Bull & Young Quality Butchers Limited (Registered number: 03154412)

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


1. STATUTORY INFORMATION

Bull & Young Quality 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.

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 etc - 15% on reducing balance and 10% 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.

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 8 (2023 - 7 ) .

Bull & Young Quality Butchers Limited (Registered number: 03154412)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 160,992
DEPRECIATION
At 1 May 2023 145,459
Charge for year 1,779
At 30 April 2024 147,238
NET BOOK VALUE
At 30 April 2024 13,754
At 30 April 2023 15,533

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 823 2,017
Other debtors 5,527 4,380
6,350 6,397

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 7,857 7,852
Taxation and social security 17,286 16,729
Other creditors 21,036 43,150
46,179 67,731

7. RELATED PARTY DISCLOSURES

The company is controlled by Mr. P.Bull by virtue of ownership of 100% (including family interests) of the issued share capital of the company.

Bull & Young Quality Butchers Limited

Report of the Accountants to the Director of
Bull & Young Quality Butchers Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2024 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






D & S Plumb Accountants Limited
19 A/B Blackwell Bus. Park
Blackwell
Shipston-on-Stour
Warwickshire
CV36 4PE


12 January 2025