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Company Registration No. 10349087 (England and Wales)
THURSTON BUTCHERS LIMITED Unaudited accounts for the year ended 31 August 2024
THURSTON BUTCHERS LIMITED Unaudited accounts Contents
Page
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THURSTON BUTCHERS LIMITED Company Information for the year ended 31 August 2024
Director
Alastair Angus
Company Number
10349087 (England and Wales)
Registered Office
THURSTON BUTCHERS 26 SCHOOL ROAD THURSTON BURY ST. EDMUNDS SUFFOLK IP31 3SR ENGLAND
Accountants
ABBEYGATE ACCOUNTANCY LTD UNIT 27 STATION HILL THURSTON BURY ST. EDMUNDS ENGLAND IP31 3QU
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THURSTON BUTCHERS LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
7,096 
Tangible assets
146,014 
163,752 
146,014 
170,848 
Current assets
Inventories
7,500 
17,500 
Debtors
10,714 
6,400 
Cash at bank and in hand
52,482 
35,104 
70,696 
59,004 
Creditors: amounts falling due within one year
(40,052)
(49,533)
Net current assets
30,644 
9,471 
Total assets less current liabilities
176,658 
180,319 
Creditors: amounts falling due after more than one year
(69,394)
(73,035)
Provisions for liabilities
Deferred tax
(1,231)
(4,039)
Net assets
106,033 
103,245 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
106,032 
103,244 
Shareholders' funds
106,033 
103,245 
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 15 January 2025 and were signed on its behalf by
Alastair Angus Director Company Registration No. 10349087
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THURSTON BUTCHERS LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
THURSTON BUTCHERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10349087. The registered office is THURSTON BUTCHERS 26 SCHOOL ROAD, THURSTON, BURY ST. EDMUNDS, SUFFOLK, IP31 3SR, 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.
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
2% straight line on buildings
Plant & machinery
20% on reducing balance
Fixtures & fittings
20% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2023
7,341 
Disposals
(7,341)
At 31 August 2024
- 
Amortisation
At 1 September 2023
245 
On disposals
(245)
At 31 August 2024
- 
Net book value
At 31 August 2024
- 
At 31 August 2023
7,096 
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THURSTON BUTCHERS LIMITED Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
148,430 
27,280 
11,679 
187,389 
Additions
- 
244 
- 
244 
Disposals
- 
(7,484)
(7,744)
(15,228)
At 31 August 2024
148,430 
20,040 
3,935 
172,405 
Depreciation
At 1 September 2023
5,938 
14,328 
3,371 
23,637 
Charge for the year
2,969 
1,407 
164 
4,540 
On disposals
- 
(1,527)
(259)
(1,786)
At 31 August 2024
8,907 
14,208 
3,276 
26,391 
Net book value
At 31 August 2024
139,523 
5,832 
659 
146,014 
At 31 August 2023
142,492 
12,952 
8,308 
163,752 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,643 
3,873 
Trade debtors
- 
580 
Accrued income and prepayments
1,797 
1,947 
5,440 
6,400 
Amounts falling due after more than one year
Other debtors
5,274 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,640 
3,353 
Trade creditors
- 
26,571 
Taxes and social security
1,328 
5,033 
Other creditors
29,792 
604 
Loans from directors
642 
10,722 
Accruals
4,650 
3,250 
40,052 
49,533 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
69,394 
73,035 
9
Average number of employees
During the year the average number of employees was 9 (2023: 7).
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