J. COLEMAN WHOLESALE BUTCHERS LIMITED

Company Registration Number:
01460979 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 4,902,990 4,877,687
Cost of sales: ( 3,630,776 ) ( 4,241,330 )
Gross profit(or loss): 1,272,214 636,357
Administrative expenses: ( 1,245,583 ) ( 625,336 )
Other operating income: 8,699 10,638
Operating profit(or loss): 35,330 21,659
Interest payable and similar charges: ( 17,142 ) ( 14,527 )
Profit(or loss) before tax: 18,188 7,132
Profit(or loss) for the financial year: 18,188 7,132

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 32,648 26,849
Total fixed assets: 32,648 26,849
Current assets
Stocks: 4 454,728 465,000
Debtors: 5 227,080 289,584
Cash at bank and in hand: 101,687 109,197
Total current assets: 783,495 863,781
Creditors: amounts falling due within one year: 6 ( 898,740 ) ( 981,415 )
Net current assets (liabilities): (115,245) (117,634)
Total assets less current liabilities: (82,597) ( 90,785)
Creditors: amounts falling due after more than one year: 7 ( 29,167 ) ( 39,167 )
Total net assets (liabilities): (111,764) (129,952)
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: (121,764 ) (139,952 )
Total Shareholders' funds: ( 111,764 ) (129,952)

The notes form part of these financial statements

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 31 October 2024
and signed on behalf of the board by:

Name: John Coleman
Status: Director

The notes form part of these financial statements

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    20% depreciation for all fixed assets and company TB showing the NBV for all our assets, in the company we using the disposal method

    Valuation information and policy

    Valuation of Cattle, from third party Stanfords

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 30 30

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 83,677 151,798 22,820 114,346 372,641
Additions 22,077 22,077
Disposals
Revaluations
Transfers
At 30 April 2024 83,677 151,798 22,820 136,423 394,718
Depreciation
At 1 May 2023 77,112 143,621 22,820 102,239 345,792
Charge for year 6,015 2,820 7,443 16,278
On disposals
Other adjustments
At 30 April 2024 83,127 146,441 22,820 109,682 362,070
Net book value
At 30 April 2024 550 5,357 0 26,741 32,648
At 30 April 2023 6,565 8,177 0 12,107 26,849

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Stocks

2024 2023
£ £
Stocks 454,728 465,000
Total 454,728 465,000

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors

2024 2023
£ £
Trade debtors 210,447 277,561
Other debtors 16,633 12,023
Total 227,080 289,584

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 367,511 472,079
Taxation and social security 14,281 14,647
Other creditors 516,948 494,689
Total 898,740 981,415

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 29,167 39,167
Total 29,167 39,167

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

8. Financial Commitments

The Company Obtained a loan of £50000 on 22 April 2022, repayable over 60 months in equal monthly installments of £833.83, the loan carries an interest rate of %2.5 per annum. as of 30 April 2024 , the remaining Loan balance is £29166.8

J. COLEMAN WHOLESALE BUTCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

9. Loans to directors

Name of director receiving advance or credit: John Coleman
Description of the transaction:
Payments for the company Vans
£
Balance at 30 April 2023 45,925
Advances or credits made:
Advances or credits repaid: 5,200
Balance at 30 April 2024 40,725